Evelyn Evans Foundation Inc
- Assets
- $1.4m
- Revenue
- $158.2k
- Investments
- $1.4m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-2813569
Organization Overview
Evelyn Evans Foundation Inc is located in Chattanooga, TN. The organization was established in 2015. 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. Evelyn Evans Foundation Inc 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 12/2021, Evelyn Evans Foundation Inc generated $158.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $91.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Evelyn Evans Foundation Inc has awarded 20 individual grants totaling $418,527. 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 |
|---|---|---|---|
Scott H Grant Director | 1 | $200 | |
Brad Kasper Director | 1 | $200 | |
Norm Sabin Director | 1 | $200 | |
Brett Billings President | 2 | $200 | |
Karol Whitaker Secretary | 2 | $200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,921 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $111,233 |
| Capital Gain Net Income | $111,233 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $158,154 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,148 |
| Contributions, gifts, grants paid | $85,131 |
| Total expenses and disbursements | $91,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $1,372,008 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,372,008 |
| 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, Evelyn Evans Foundation Inc has awarded $85,131 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
RENAISSANCE PURPOSE: TO FURTHER ITS NONPROFIT MISSION | $61,629 |
Hixson, TN PURPOSE: TO ASSIST CHILDREN IN CRISIS | $7,834 |
TEEN CHALLENGE PURPOSE: ADDICTION RECOVERY PROGRAM | $7,834 |
SISKIN HOSPITAL PURPOSE: TO FURTHER ITS NONPROFIT MISSION | $7,834 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Oak Hill Fund Charlottesville, VA | $99,384,131 | $7,166,197 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Scott Hudgens Family Foundation Inc Duluth, GA | $0 | $7,703,530 |