East Tennessee Foundation
525 Portland Street, Knoxville, TN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $27,657,283 | $19,148,820 | $278,937,145 |
| FY2023 | $19,791,090 | $25,626,645 | $252,035,022 |
| FY2022 | $25,934,976 | $23,046,762 | $235,437,809 |
| FY2021 | $23,055,951 | $23,340,516 | $283,373,682 |
| FY2020 | $18,630,033 | $30,463,057 | $257,749,831 |
| FY2019 | $26,643,937 | $20,949,930 | $248,872,209 |
| FY2018 | $22,882,589 | $36,087,377 | $219,354,327 |
| FY2017 | $126,716,912 | $35,783,333 | $253,806,640 |
| FY2016 | $17,859,706 | $11,643,586 | $155,056,348 |
| FY2015 | $19,401,293 | $10,091,214 | $150,713,480 |
| FY2014 | $32,345,012 | $10,324,841 | $147,774,728 |
| FY2013 | $16,031,174 | $8,245,779 | $128,653,174 |
| FY2012 | $13,136,244 | $8,599,101 | $113,666,269 |
| FY2011 | $7,770,712 | $9,961,068 | $101,590,722 |
Form 990 filings
The returns filed by East Tennessee Foundation (EIN 62-0807696), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $14,085,772 | 51% |
| Program service revenue | $0 | 0% |
| Other revenue | $13,571,511 | 49% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $17,400,960 | 91% |
| Management & general | $994,377 | 5% |
| Fundraising | $753,483 | 4% |
What the numbers show
- Contributions & grants made up 51% of total revenue in FY2024.
- Program services accounted for 91% of functional expenses, management & general 5%, and fundraising 4%.
- 91% of functional expenses went to program services in FY2024. That is higher than 55.6% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in TN for a state comparison).
- Net assets covered about 174.8 months of expenses at the end of the reporting year. That puts it in the 72nd percentile among 839 Philanthropy, Voluntarism & Grantmaking Foundations organizations in TN.
- Total revenue was higher than 98.8% of 867 Philanthropy, Voluntarism & Grantmaking Foundations organizations in TN.
- Total revenue rose from $7,770,712 in FY2011 to $27,657,283 in FY2024. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2011, FY2018, FY2020, FY2021, FY2023).
- The highest revenue on record here is $126,716,912 in FY2017.
- Net assets grew from $101,590,722 to $278,937,145 between FY2011 and FY2024.
- Contributions and grants made up 91% of revenue in FY2011 and 51% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
ETF IS A COMMUNITY FOUNDATION, SERVING 25 COUNTIES, WHOSE MISSION IS TO PROVIDE PHILANTHROPIC LEADERSHIP INSPIRING DONORS TO MAKE LIVES BETTER AND COMMUNITIES STRONGER IN ENDURING WAYS ACROSS GENERATIONS.
IRS status
| Ruling year | 1963 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T310 — Philanthropy, Voluntarism & Grantmaking Foundations (in TN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- The Frist Foundation — Nashville, TN · $23,118,814
- United Way of Middle Tennessee Inc — Nashville, TN · $33,469,440
- Dettwiller Foundation — Nashville, TN · $35,857,802
- Assisi Foundation of Memphis Inc — Memphis, TN · $18,670,140
- Robert E and Jenny D Kirkland Found — Union City, TN · $16,870,044
- Tennessee Health Foundation Inc — Chattanooga, TN · $16,462,274
- Formanek Foundation — Memphis, TN · $12,023,174
- Living Legacy Foundation — Nashville, TN · $8,662,020
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.