Dollywood Foundation

Organization Overview

Dollywood Foundation is located in Pigeon Forge, TN. The organization was established in 1990. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2020, Dollywood Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dollywood 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 12/2020, Dollywood Foundation generated $42.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 69.5% each year . All expenses for the organization totaled $40.7m during the year ending 12/2020. While expenses have increased by 66.3% 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 2017, Dollywood Foundation has awarded 12 individual grants totaling $1,669,009. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE DOLLYWOOD FOUNDATION STRIVES TO INSPIRE CHILDREN TO DREAM MORE, LEARN MORE,CARE MORE AND BE MORE. THE FOUNDATION ASSISTS IN THE DEVELOPMENT OF READING SKILLS TO FOSTER A LOVE OF READING AND INCREASE EDUCATIONAL SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DOLLY PARTON'S IMAGINATION LIBRARY MAILS FREE, HIGH-QUALITY BOOKS TO CHILDREN FROM BIRTH UNTIL THEY BEGIN SCHOOL, NO MATTER THEIR FAMILY'S INCOME. IN 2020, IMAGINATION LIBRARY MAILED OVER 18,400,000 BOOKS TO CHILDREN IN ALL 50 STATES.


MY PEOPLE FUND AND MOUNTAIN TOUGH RECOVERY TEAM - TO PROVIDE RELIEF TO PERSONS HARMED BY WILDFIRES IN THE LOCAL COMMUNITY. DURING THE YEAR ENDED DECEMBER 31, 2020, CONTRIBUTIONS OF OVER 275,000 WERE PROVIDED TO ORGANIZATIONS PROVIDING CONTINUED SUPPORT TO INDIVIDUALS AFFECTED BY THE WILDFIRES.


SCHOLARSHIPS - TO PROVIDE COLLEGE SCHOLARSHIPS TO LOCAL HIGH SCHOOL SENIORS. DURING THE YEAR ENDED DECEMBER 31, 2020, NEED-BASED COLLEGE SCHOLARSHIPS WERE AWARDED TO 22 DESERVING STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
David Dotson
CEO
$241,641
Jeff Conyers
President
$194,344
Ken Bell
Treasurer
$0
Ted Miller
Vice Chair
$0
Dolly Parton
Chair
$0
Craig Ross
Vice Preside
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $185,200
All other contributions, gifts, grants, and similar amounts not included above$3,396,045
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,581,245
Total Program Service Revenue$38,645,119
Investment income $287,582
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $213,696
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $42,750,755

Grants Awarded

Over the last fiscal year, Dollywood Foundation has awarded $217,500 in support to 4 organizations.

Grant RecipientAmount

SMOKY MOUNTAIN AREA RESCUE MINISTRI

Org PageRecipient Profile

Sevierville, TN

PURPOSE: PROGRAM SUPPORT

$87,500

HELEN ROSS MCNABB CENTER

Org PageRecipient Profile

Knoxville, TN

PURPOSE: PROGRAM SUPPORT

$50,000

SEVER COUNTY FOOD MINISTRY

Org PageRecipient Profile

Sevierville, TN

PURPOSE: PROGRAM SUPPORT

$50,000

DOUGLAS-CHEROKEE ECONOMIC AUTHORITY

Org PageRecipient Profile

Morristown, TN

PURPOSE: PROGRAM SUPPORT

$30,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Dollywood Foundation has recieved totaling $13,780.

Awarding OrganizationAmount
Crown Point Community Foundation Inc

Crown Point, IN

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$10,180
Medwed Foundation

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$2,600
Closet Of The Greater Herndon Area Inc

Herndon, VA

PURPOSE: TO ASSIST MISSION

$1,000
View Grant Recipient Profile

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