Womens Fund Of East Tenenssee
- Assets
- $204.2k
- Revenue
- $363.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Knoxville, TN
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-4871564
Organization Overview
Womens Fund Of East Tenenssee is located in Knoxville, TN. The organization was established in 2015. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. As of 12/2023, Womens Fund Of East Tenenssee employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Fund Of East Tenenssee 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 12/2023, Womens Fund Of East Tenenssee generated $363.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $350.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Womens Fund Of East Tenenssee has awarded 29 individual grants totaling $922,055. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WOMEN'S FUND IS A CATALYST TO TRANSFORM THE LIVES OF LOW-INCOME WOMEN AND GIRLS IN EAST TENNESSEE BY FOSTERING PHILANTHROPY AND MAKING GRANTS FOCUSED ON IMPROVING THE LIVES OF WOMEN AND GIRLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE SIX GRANTS IN THE AMOUNT OF 53,750 FOR THE DEVELOPMENT OF A STRONG NETWORK OF ORGANIZATIONS FOUCSED ON ACCESS TO EDUCATION AND TO REMOVING THE CULTURAL BARRIERS DISCOURAGING WOMEN AND GIRLS FROM ACHIEVING AND EDUCATION. INCLUDED IN THE EXPENSES OF 155,798 WAS THE PAYMENT OF 50,000 TO SUPPORT A NETWORK NAVIGATOR TO HELP GUIDE THE NONPROFITS IN THE NETWORK ON ACHIEVING SUCCESS.
GRANTS TOTALING 39,150 WERE MADE TO THE SUPPORTED ORGANIZATION TO BUILD THE PERMANENT ENDOWMENT OF THE WOMEN'S FUND OF EAST TENNESSEE. IN TURN THE ENDOWMENT MADE A GRANT TO THE WOMEN'S FUND OF EAST TENNESSEE IN THE AMOUNT OF 159,600 TO HELP WITH ITS MISSION AND GRANTMAKING.
GRANT TO SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION, IN FURTHERANCE OF ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Bentley Director | Trustee | 1 | $0 |
Veenita Bisaria Director | Trustee | 1 | $0 |
Kati Blalock Director | Trustee | 1 | $0 |
Nyda Brook Director | Trustee | 1 | $0 |
Jan Brown Director | Trustee | 1 | $0 |
Laura Seery Cole Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $202,778 |
| Related organizations | $170,475 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $373,253 |
| Total Program Service Revenue | $0 |
| Investment income | $63 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$9,938 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $363,378 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $107,900 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,598 |
| Payroll taxes | $9,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,808 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,925 |
| Advertising and promotion | $479 |
| Office expenses | $12,200 |
| Information technology | $6,353 |
| Royalties | $0 |
| Occupancy | $10,091 |
| Travel | $1,242 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,056 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $648 |
| All other expenses | $0 |
| Total functional expenses | $350,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,865 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $330 |
| Total assets | $204,195 |
| Accounts payable and accrued expenses | $3,234 |
| Grants payable | $5,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,234 |
| Net assets without donor restrictions | $195,961 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $204,195 |
Grants Awarded
Over the last fiscal year, Womens Fund Of East Tenenssee has awarded $107,900 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S CENTER OF THE CUMBERLAND PURPOSE: SUPPORT | $6,250 |
BOYS & GIRLS CLUB OF GREATER KINGSP PURPOSE: SUPPORT | $10,000 |
EAST TN FOUNDATION PURPOSE: GENERAL & ENDOWMENT | $54,150 |
CENTRO HISPANO PURPOSE: SUPPORT | $12,500 |
BOYS & GIRLS CLUB OF THE TENNESSEE PURPOSE: SUPPORT | $12,500 |
YWCA KNOXVILLE PURPOSE: SUPPORT | $6,250 |