Ahb Foundation
- Assets
- $1.8m
- Revenue
- $479.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 11/2001
- Data as of
- 12/2021
- EIN
- 62-1867424
Organization Overview
Ahb Foundation is located in Knoxville, TN. The organization was established in 2001. 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. Ahb 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, Ahb Foundation generated $479.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $429.2k during the year ending 12/2021. While expenses have increased by 17.7% 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 2014, Ahb Foundation has awarded 145 individual grants totaling $2,008,000. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
NO DIRECT CHARITABLE ACTIVITIES DURING THE CURRENT TAX YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Todd Ellis Secretary, Treasurer & Dir | 0 | $0 | |
Whitfield Bailey Director | 0 | $0 | |
Stephen W Bailey Vice President & Director | 0 | $0 | |
Ann Haslam Bailey President & Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $425,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,512 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,768 |
| Capital Gain Net Income | $16,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $621 |
| Total Revenue | $479,901 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $567 |
| Taxes | $1,448 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,728 |
| Total operating and administrative expenses | $24,243 |
| Contributions, gifts, grants paid | $405,000 |
| Total expenses and disbursements | $429,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,030 |
| 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 | $1,746,375 |
| Total assets | $1,763,405 |
| 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, Ahb Foundation has awarded $405,000 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TO PROTECT AND RESTORE IMPERILED SPECIES THROUGHOUT NORTH AMERICA BY TRANSFORMING POLICIES AND INSTITUTIONS AND PROMOTING INNOVATIVE SOLUTIONS. | $40,000 |
EPIC FOUNDATION PURPOSE: TO SUPPORT DOMESTIC AND FOREIGN CHARITABLE AND NON-GOVERNMENTAL ORGANIZATIONS WHICH ARE FOCUSED ON CHILD DEVELOPMENT AND WELFARE. | $30,000 |
EAST TENNESSEE CHILDREN'S HOSPITAL PURPOSE: TO IMPROVE THE HEALTH OF CHILDREN. | $30,000 |
Knoxville, TN PURPOSE: TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL CHOICES OVER THEIR LIFETIME THROUGH A YOUTH PROGRAM OF CHARACTER DEVELOPMENT AND VALUES-BASED LEADERSHIP TRAINING. | $30,000 |
Knoxville, TN PURPOSE: TO FULLY NURTURE THE POTENTIAL OF EACH INDIVIDUAL AND TO PREPARE OUR STUDENTS TO SERVE AS LEADERS IN TOMORROW'S WORLD. THIS PREPARATION EMPHASIZES THE DEVELOPMENT OF CRITICAL, CREATIVE, AND SOCIALLY CONSCIOUS THINKING; A STRONG SENSE OF HONOR AND PERSONAL INTEGRITY; THE ABILITY TO INTERACT WITH OTHERS IN A RESPECTFUL AND PRODUCTIVE MANNER; AND THE DESIRE TO MAKE A CONTRIBUTION TO THE WORLD COMMUNITY. | $25,000 |
Knoxville, TN PURPOSE: TO PRESENT ART DISPLAYS WHICH REPRESENT DIVERSE CULTURES, PERIODS, STYLES AND MEDIAS. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |