The Robert H Brethen Foundation
- Assets
- $8.2m
- Revenue
- $1.0m
- Investments
- $8.2m
- Employees
- 0
- Location
- Lenoir City, TN
- Founding
- 02/1988
- Data as of
- 10/2023
- EIN
- 31-1213173
Organization Overview
The Robert H Brethen Foundation is located in Lenoir City, TN. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Robert H Brethen 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 10/2023, Robert H Brethen Foundation generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $734.7k during the year ending 10/2023. While expenses have increased by 15.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Robert H Brethen Foundation has awarded 183 individual grants totaling $2,514,704. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Brethen Secy/trustee | 3 | $8,000 | |
Karen B Johns Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,046,299 |
| Interest on Savings | $3,764 |
| Dividends & Interest | $128,075 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$199,081 |
| Capital Gain Net Income | $3,108 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,229 |
| Total Revenue | $1,036,286 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $46 |
| Taxes | $1,979 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $287 |
| Total operating and administrative expenses | $109,123 |
| Contributions, gifts, grants paid | $625,560 |
| Total expenses and disbursements | $734,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $69,858 |
| 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 | $2,236,605 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,228,758 |
| 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, The Robert H Brethen Foundation has awarded $625,560 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
FORT SANDERS FOUNDATION PURPOSE: DONATION TO SUPPORT HEALTHCARE PROGRAMS | $100,000 |
UT FOUNDATION PURPOSE: DONATION FOR ACADEMIC ACHIEVEMENT | $10,000 |
THE ANIMAL PROTECTORATES PURPOSE: DONATION FOR PET ADOPTION AND CARE | $5,000 |
LENOIR CITY PURPOSE: DONATION FOR RECREATION PROGRAMS | $10,000 |
PELOTONIA PURPOSE: DONATION FOR CANCER RESEARCH | $5,000 |
LENOIR CITY PURPOSE: DONATION FOR RECREATION PROGRAMS | $15,000 |