//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Tibbals Foundation is a private corporation based in KNOXVILLE, TN. The foundation received its IRS ruling in 1989. It holds total assets of $11.6M. Annual income is reported at $2.4M. Total assets have grown from $106K in 2010 to $11.8M in 2022. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Tibbals Foundation has made 10 grants totaling $100K, with a median grant of $8K. Annual giving has grown from $4K in 2020 to $87K in 2023. Individual grants have ranged from $1K to $29K, with an average award of $10K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Tennessee and Florida. Contributions to this foundation are tax-deductible.
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.
Tibbals Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in TN, FL.
Tibbals Foundation has distributed a total of $100K across 10 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $1K to $29K.
Tibbals Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tibbals Foundation is headquartered in KNOXVILLE, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Trust Company Of Tennessee | TRUSTEE | $74K | $0 | $74K |
| Joseph P Congleton | SECRETARY | $0 | $0 | N/A |
| Janice Tibbals | PRESIDENT | $0 | $0 | N/A |
| Sharon Miller Pryse | VP/TREASURER | $0 | $0 | N/A |
Total Giving
$262K
Total Assets
$11.8M
Fair Market Value
$12.3M
Net Worth
$11.8M
Grants Paid
$87K
Contributions
N/A
Net Investment Income
$315K
Distribution Amount
$583K
Total: N/A
Total Grants
10
Total Giving
$100K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| West Hills Baptist ChurchGENERAL FUNDING | Knoxville, TN | $29K | 2023 |
| United Way Of Greater KnoxvilleGENERAL FUNDING | Knoxville, TN | $20K | 2023 |
| First SarasotaGENERAL FUNDING | Sarasota, FL | $12K | 2023 |
| Ringling Museum Of ArtGENERAL SUPPORT | Sarasota, FL | $10K | 2023 |
| Carson Newman UniversityGENERAL FUNDING | Jefferson City, TN | $10K | 2023 |
| The Circus Arts ConservatoryGENERAL FUNDING | Sarasota, FL | $5K | 2023 |
| Scott Christian Care CenterGENERAL FUNDING | Oneida, TN | $1K | 2023 |