Aslan Foundation is located in Knoxville, TN. The organization was established in 2020. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Aslan 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 12/2023, Aslan Foundation generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Aslan Foundation has awarded 744 individual grants totaling $30,564,387. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EUGENIA WILLIAMS PROJECT: RESTORATION OF HISTORIC BUILDING AND GROUNDS TO PRESERVE ITS REGIONAL AND NATIONAL SIGNIFICANCE FOR PUBLIC USE AND BENEFIT.
LOGHAVEN ARTIST RESIDENCY: SERVING ARTISTS BY PROVIDING TIME AND SPACE TO WORK, THEREBY FACILITATING THE CREATION OF NEW WORK FOR THE PUBLIC.
CANDORO MARBLE BUILDING: MAINTENANCE OF HISTORIC BUILDING TO PRESERVE ITS REGIONAL AND NATIONAL SIGNIFICANCE FOR PUBLIC USE AND BENEFIT.
HIGH GROUND PARK: MAINTENANCE OF HIGH GROUND PARK FOR PUBLIC USE AND BENEFIT. HIGH GROUND PARK PRESERVES THE SITE OF CIVIL WAR FORT HIGLEY AND THE SCENIC VALUE OF A HIGH RIDGE ABOVE THE TENNESSEE RIVER.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsay Y Mcdonough Treasurer | 5 | $0 | |
Mark K Williams Secretary | 5 | $0 | |
Robert S Young President | 5 | $0 | |
Andrea Bailey Executive Di | 40 | $197,380 | |
Sarah Swinford Employee | 40 | $105,114 | |
Randall Coffey Employee | 40 | $96,513 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hickory Construction | 12/30/23 | $3,929,721 |
Sanders Pace Architecture | 12/30/23 | $746,963 |
Evergreen Timber Works | 12/30/23 | $287,677 |
Ahe-ec Inc | 12/30/23 | $102,973 |
Happymac | 12/30/23 | $77,072 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,537,214 |
| Interest on Savings | $13,841 |
| Dividends & Interest | $1,797,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$763,143 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $40,749 |
| Total Revenue | $2,626,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $898,253 |
| Pension plans, employee benefits | $114,004 |
| Interest | $0 |
| Taxes | $134,966 |
| Depreciation | $932,286 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $38,506 |
| Printing and publications | $0 |
| Other expenses | $892,246 |
| Total operating and administrative expenses | $3,386,650 |
| Contributions, gifts, grants paid | $1,098,156 |
| Total expenses and disbursements | $4,484,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,418 |
| Savings and temporary cash investments | $6,706,520 |
| 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 | $70,069 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $522,355 |
| Net Land, buildings, and equipment | $40,842,544 |
| Other assets | $0 |
| Total assets | $116,855,580 |
| Accounts payable and accrued expenses | $774,177 |
| Grants payable | $925,267 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,050 |
| Total liabilities | $1,703,494 |
Over the last fiscal year, Aslan Foundation has awarded $1,805,689 in support to 132 organizations.
| Grant Recipient | Amount |
|---|---|
BETH ANN FENNELLY PURPOSE: ARTIST GRANT - 2023 | $5,100 |
CAMILLA SIMS PURPOSE: ARTIST GRANT - 2023 | $4,979 |
ALENA MEHIC PURPOSE: ARTIST GRANT - 2023 | $1,000 |
ALLISON L WADE PURPOSE: ARTIST GRANT - 2023 | $1,700 |
ALETHEA PACE PURPOSE: ARTIST GRANT - 2023 | $3,400 |
AMIR RABIYAH EL-CHIDIAC PURPOSE: ARTIST GRANT - 2023 | $1,700 |