//
Also known as: C/O DAVID MORGAN LBMC PC
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Foundation For Cultural Enrichment is a private corporation based in BRENTWOOD, TN. The foundation received its IRS ruling in 1988. It holds total assets of $5.4M. Annual income is reported at $44K. Total assets have grown from $187K in 2010 to $5M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Tennessee. According to available records, The Foundation For Cultural Enrichment has made 12 grants totaling $586K, with a median grant of $50K. Annual giving has grown from $148K in 2021 to $205K in 2024. Grantmaking activity was highest in 2023 with $233K distributed across 4 grants. Individual grants have ranged from $4K to $101K, with an average award of $49K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$19K
Median Grant
$57K
Average Grant
$52K
Largest Grant
$75K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Foundation For Cultural Enrichment is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TN.
The Foundation For Cultural Enrichment has distributed a total of $586K across 12 grants. The median grant size is $50K, with an average of $49K. Individual grants have ranged from $4K to $101K.
The Foundation For Cultural Enrichment typically selects its grantees rather than accepting unsolicited proposals.
The Foundation For Cultural Enrichment is headquartered in BRENTWOOD, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeff Young | PRESIDENT | $0 | $0 | N/A |
| Beth Gray | VICE PRESIDENT | $0 | $0 | N/A |
| David Morgan | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$251K
Total Assets
$5M
Fair Market Value
$5M
Net Worth
$5M
Grants Paid
$205K
Contributions
N/A
Net Investment Income
$464K
Distribution Amount
$224K
Total: $4.8M
Total Grants
12
Total Giving
$586K
Average Grant
$49K
Median Grant
$50K
Unique Recipients
5
Most Common Grant
$20K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Graysville Elementary SchoolTO FULFILL THE EXEMPT PURPOSES OF THE ORGANIZATION | Graysville, TN | $89K | 2024 |
| Rhea County Dept Of EducationTO FULFILL THE EXEMPT PURPOSES OF THE ORGANIZATION | Dayton, TN | $60K | 2024 |
| City Of GraysvilleTO FULFILL THE EXEMPT PURPOSES OF THE ORGANIZATION | Graysville, TN | $32K | 2024 |
| Pleasant View Cemetery Care FundTO FULFILL THE EXEMPT PURPOSES OF THE ORGANIZATION | Chattanooga, TN | $20K | 2024 |
| Graysville United Methodist ChurchTO FULFILL THE EXEMPT PURPOSES OF THE ORGANIZATION | Graysville, TN | $4K | 2024 |