Haslam Family Foundation Inc
- Assets
- $5.1m
- Revenue
- $1.1m
- Investments
- $4.4m
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 62-1692007
Organization Overview
Haslam Family Foundation Inc is located in Knoxville, TN. The organization was established in 1997. 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. Haslam Family Foundation Inc 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 12/2022, Haslam Family Foundation Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Haslam Family Foundation Inc has awarded 838 individual grants totaling $118,543,351. 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 |
|---|---|---|---|
James A Haslam II Director, President | 0.5 | $0 | |
James A Haslam III Director | 0.5 | $0 | |
William E Haslam Director | 0.5 | $0 | |
Natalie L Haslam Director, Secretary | 0.5 | $0 | |
Ann Haslam Bailey Director, Vice President | 0.5 | $0 | |
Jennifer Oswalt Director, Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21,132 |
| Dividends & Interest | $118,898 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $906,895 |
| Capital Gain Net Income | $906,895 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17,139 |
| Total Revenue | $1,064,064 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $589 |
| Taxes | $40,787 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $91,684 |
| Total operating and administrative expenses | $140,560 |
| Contributions, gifts, grants paid | $3,374,500 |
| Total expenses and disbursements | $3,515,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $752,102 |
| 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 | $5,143,275 |
| 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, Haslam Family Foundation Inc has awarded $3,374,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
GREAT SMOKY MOUNTAIN INSTITUTE PURPOSE: MARBLEGATE FARM EVENT | $5,000 |
JDRF INTERNATIONAL PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
METRO DRUG COALITION PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
TENNESSEE STAGE COMPANY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
EAST TENNESSEE FOUNDATION PURPOSE: PICKLEBALL FOR PAT/THE PAT SUMMITT FOUNDATION | $10,000 |
LEADERSHIP TENNESSEE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |