Blackberry Farm Foundation is located in Maryville, TN. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blackberry Farm 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 12/2021, Blackberry Farm Foundation generated $276.1k 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 (24.5%) each year. All expenses for the organization totaled $199.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Blackberry Farm Foundation has awarded 36 individual grants totaling $647,780. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE AND ADMINISTER FUNDS TO BENEFIT CHARITIES FOR CHILDREN, LOCAL AND FOODWAYS-RELATED CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLACKBERRY FARM FOUNDATION IS A PUBLIC CHARITY SUPPORTING CHARITABLE CAUSES RELATED TO CHILDREN AND FOODWAYS, WITH SPECIAL EMPHASIS ON THOSE LOCATED IN THE EAST TENNESSEE AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Johnson Executive Director | Trustee | 10 | $675 |
Mary Celeste Beall Director, President | OfficerTrustee | 2 | $0 |
Matt Alexander Director, Secretary And Tr | OfficerTrustee | 2 | $0 |
Samuel E Sandy Beall III Director, Vice President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $161,713 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $35,050 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $196,763 |
Total Program Service Revenue | $0 |
Investment income | $1,586 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $77,750 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $276,099 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $152,970 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $675 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $24,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,985 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $199,227 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $958,242 |
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 | $99,577 |
Total assets | $1,057,819 |
Accounts payable and accrued expenses | $161 |
Grants payable | $0 |
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 | $161 |
Net assets without donor restrictions | $0 |
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 | $1,057,658 |
Total liabilities and net assets/fund balances | $1,057,819 |
Over the last fiscal year, Blackberry Farm Foundation has awarded $147,970 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
PELLISSIPPI STATE COMMUNITY COLLEGE PURPOSE: CHARITABLE | $50,000 |
Maryville, TN PURPOSE: CHARITABLE | $50,000 |
Knoxville, TN PURPOSE: CHARITABLE | $15,000 |
University, MS PURPOSE: CHARITABLE | $15,000 |
Maryville, TN PURPOSE: CHARITABLE | $12,670 |
WILLIAM BLOUNT HIGH SCHOOL PURPOSE: CHARITABLE | $5,300 |
Over the last fiscal year, we have identified 2 grants that Blackberry Farm Foundation has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Act Foundation Inc Atlanta, GA PURPOSE: SAM BEALL FELLOWS PROGRAM SUPPORT | $10,000 |
Childrens Tr 04132005 New York, NY PURPOSE: SOCIAL WELFARE | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Nc Student Aid Association Inc Raleigh, NC | $102,296,557 | $23,877,668 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
The North Carolina A&t Real Estate Foundation Inc Greensboro, NC | $169,150,909 | $33,021,773 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |