Scarlett Family Foundation
- Assets
- $163.1m
- Revenue
- $18.6m
- Investments
- $152.2m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/2006
- Data as of
- 06/2022
- EIN
- 20-1980932
Organization Overview
Scarlett Family Foundation is located in Nashville, TN. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scarlett Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Scarlett Family Foundation generated $18.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.6%) each year. All expenses for the organization totaled $10.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Scarlett Family Foundation has awarded 1,478 individual grants totaling $41,422,089. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Parrish Secretary | 50 | $253,078 | |
Tara Anne Scarlett President/ceo | 50 | $26,866 | |
Dorothy F Scarlett Director | 0 | $0 | |
Andrew S Scarlett Director | 0 | $0 | |
Joseph H Scarlett Jr Chairman | 0 | $0 | |
Jennifer Scarlett Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,120,577 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,056,945 |
| Capital Gain Net Income | $13,056,945 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,373,719 |
| Total Revenue | $18,551,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $279,944 |
| Other employee salaries and wages | $97,807 |
| Pension plans, employee benefits | $57,978 |
| Interest | $0 |
| Taxes | $459,299 |
| Depreciation | $0 |
| Occupancy | $1,300 |
| Travel, conferences, and meetings | $6,221 |
| Printing and publications | $1,203 |
| Other expenses | $624,602 |
| Total operating and administrative expenses | $2,280,520 |
| Contributions, gifts, grants paid | $8,044,710 |
| Total expenses and disbursements | $10,325,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,860,851 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $152,193,454 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $163,054,305 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Scarlett Family Foundation has awarded $14,152,213 in support to 503 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: SUPPORT FOR LEADERSHIP DEVELOPMENT | $790,000 |
New York, NY PURPOSE: SUPPORT FOR PROGRAMS | $550,000 |
Nashville, TN PURPOSE: SUPPORT FOR OASIS COLLEGE CONNECTION | $503,844 |
LIPSCOMB UNIVERSITY-COLLEGE OF EDUCATION PURPOSE: LIFT OFF TO LIPSCOMB: PROGRAM MANAGER, PIONERORS, LEADERSHIP DEVELOPMENT | $438,558 |
Nashville, TN PURPOSE: SUPPORT FOR OPERATIONS IN MIDDLE TENNESSEE | $400,000 |
TEACH FOR AMERICA NASHVILLE PURPOSE: SUPPORT FOR PROGRAMS | $350,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |