Tetrick Family Foundation
- Assets
- $2.9m
- Revenue
- $302.2k
- Investments
- $2.6m
- Employees
- 0
- Location
- Elizabethton, TN
- Founding
- Data as of
- 12/2021
- EIN
- 83-2566716
Organization Overview
Tetrick Family Foundation is located in Elizabethton, TN. 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. Tetrick Family 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, Tetrick Family Foundation generated $302.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $161.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tetrick Family Foundation has awarded 27 individual grants totaling $773,933. 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 |
|---|---|---|---|
Norma Tetrick Director | 1 | $0 | |
Richard Tetrick Director | 1 | $0 | |
Tyler Tetrick Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $152,214 |
| 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 | $302,214 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $492 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,142 |
| Contributions, gifts, grants paid | $159,650 |
| Total expenses and disbursements | $161,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,697 |
| 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 | $2,881,121 |
| 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, Tetrick Family Foundation has awarded $159,650 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Johnson City, TN PURPOSE: TO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | $89,150 |
BARTER THEATRE PURPOSE: TO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | $60,000 |
BONNIE KATE THATRE RESTORATION PROJECT PURPOSE: TO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | $5,000 |
HARMONY FREE WILL BAPTIST PURPOSE: TO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | $3,000 |
Chatham, VA PURPOSE: TO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | $2,000 |
WYNWOOD WILDLIFE REHABILITATION PURPOSE: TO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |