Clayton Homes Foundation
- Assets
- $5.4m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Maryville, TN
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 81-4369351
Organization Overview
Clayton Homes Foundation is located in Maryville, TN. The organization was established in 2017. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clayton Homes 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 12/2023, Clayton Homes Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $3.8m during the year ending 12/2023. While expenses have increased by 20.2% per year over the past 6 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 2020, Clayton Homes Foundation has awarded 280 individual grants totaling $12,311,834. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY PROMISE
UNITED WAY OF BLOUNT COUNT
NEXT STEP NETWORK, INC.
ZOO KNOXVILLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin T Clayton President | 0 | $0 | |
Linda Ponce Secretary | 0 | $0 | |
Susan Brown Director | 0 | $0 | |
James Stariha Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,300,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,300,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $146 |
| Total operating and administrative expenses | $146 |
| Contributions, gifts, grants paid | $3,764,350 |
| Total expenses and disbursements | $3,764,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,437,071 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,437,071 |
| 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, Clayton Homes Foundation has awarded $3,764,350 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE TO STAY PURPOSE: 2023 TOGETHER WE THRIVE | $2,500 |
ALCOA CITY SCHOOLS FOUNDATION PURPOSE: GENERAL ORGANIZATIONAL SUPPORT | $5,000 |
ACE MENTOR PROGRAM PURPOSE: 2023 CONTRIBUTION TO ACE PROGRAM OF GREATER KNOXVILLE | $10,000 |
ARROWMONT SCHOOL OF ARTS AND CRAFTS PURPOSE: DOUBLE EAGLE SPONSORSHIP | $1,000 |
BLOUNT CO HABITAT FOR HUMANITY PURPOSE: 2023 WOMEN BUILD FULL HOUSE SPONSORSHIP | $80,000 |
BLOUNT COUNTY EDUCATION FOUNDATION PURPOSE: GENERAL ORGAIZATIONAL SUPPORT | $35,000 |