Ted And Drama Russell Family Foundation

Organization Overview

Ted And Drama Russell Family Foundation is located in Knoxville, TN. The organization was established in 2016. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Ted And Drama Russell 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, Ted And Drama Russell Family Foundation generated $6.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Ted And Drama Russell Family Foundation has awarded 37 individual grants totaling $11,614,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CARRY OUT CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES OF THE SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SUPPORT TO SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION.


PROVIDE SUPPORT TO 2 INSTITUTIONS OF HIGHER EDUCATION, CARSON NEWMAN UNIVERSITY AND TENNESSEE WESLEYAN UNIVERSITY.


PROVIDE SUPPORT TO 4 YOUTH ORGANIZATIONS (EMERALD CHARTER SCHOOLS, EMERALD YOUTH FOUNDATION, THRIVE LONSDALE YOUTH MINISTRIES, AND WESLEY HOUSE COMMUNITY CENTER) AND 10 FOOD INSECURITY ORGANIZATIONS (LOVE KITCHEN, INC., KNOX AREA RESCUE MINISTRIES, MISSION OF HOPE INC., FISH HOSPITALITY PANTRIES, INC., LADIES OF CHARITY, GOOD SAMARITAN CENTER OF LOUDON COUNTY, CROSS FOOD MINISTRY, SEVIER COUNTY FOOD MINISTRIES, COMPASSION MINISTRIES, AND SECOND HARVEST FOOD BANK OF EAST TENNESSEE)


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Dawn Russell Varnedoe
Chair, Fam.
$0
Jim Cogdill
Independent
$0
Scott Lowe
Independent
$0
David R Haynes
Independent
$0
Charles Peccolo
Independent
$0
Anthony Tuk
Independent
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
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$0
Total Program Service Revenue$0
Investment income $1,853,501
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,975,191
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,828,732

Grants Awarded

Over the last fiscal year, Ted And Drama Russell Family Foundation has awarded $2,839,000 in support to 11 organizations.

Grant RecipientAmount

CARSON NEWMAN UNIVERSITY

Org PageRecipient Profile

Jefferson City, TN

PURPOSE: NURSING SCHOOL BLDG

$2,000,000

EMERALD YOUTH FOUNDATION

Org PageRecipient Profile

Knoxville, TN

PURPOSE: JUSTLEAD PROGRAM

$195,000

SECOND HARVEST FOOD BANK OF E TENN

Org PageRecipient Profile

Maryville, TN

PURPOSE: FOOD ASSITANCE PROG

$150,000

LOVE KITCHEN INC

PURPOSE: DELIVERY VAN/BLDG RP

$150,000

EMERALD CHARTER SCHOOLS

Org PageRecipient Profile

Knoxville, TN

PURPOSE: LAB SCHOOL PROGRAM

$100,000

KNOX AREA RESCUE MINISTRIES

Org PageRecipient Profile

Knoxville, TN

PURPOSE: GENERAL SUPPORT

$100,000
View Grant Profile

Endowment Analysis

Beg. Balance$86,338,771
Earnings$14,666,582
Admin Expense$432,252
Net Contributions$40
Grants$2,869,000
Ending Balance$97,704,141

Create an account to unlock the data you need.

or