Coker Foundation
- Assets
- $4.3m
- Revenue
- $370.3k
- Investments
- $4.2m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2877945
Organization Overview
Coker Foundation is located in Chattanooga, TN. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Coker 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, Coker Foundation generated $370.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 40.1% each year . All expenses for the organization totaled $289.3k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 3 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 2019, Coker Foundation has awarded 12 individual grants totaling $688,000. 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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph D Coker Director | 0 | $0 | |
Theresa M Coker Director | 0 | $0 | |
Casey Allisa Coker Cunningham Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,134 |
| Interest on Savings | $0 |
| Dividends & Interest | $148,356 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $178,833 |
| Capital Gain Net Income | $178,833 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $370,323 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,279 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $373 |
| Total operating and administrative expenses | $51,331 |
| Contributions, gifts, grants paid | $238,000 |
| Total expenses and disbursements | $289,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,468 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $3,710 |
| 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 | $4,312,014 |
| 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, Coker Foundation has awarded $238,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Hershey, PA PURPOSE: TO SUPPORT A PUBLIC CHARITY. | $100,000 |
Chattanooga, TN PURPOSE: TO PROVIDE A GIFT FOR THE LEARNING CENTER. | $50,000 |
PUBLIC SCHOOL BIBLE STUDY COMMITTEE AKA BIBLE IN THE SCHOOLS PURPOSE: TO PROVIDE A GIFT FOR THE ENDOWMENT PROGRAM. | $50,000 |
COMMUNITY FOUNDATION OF GREATER CHATTANOOGA PURPOSE: TO SUPPORT A PUBLIC CHARITY. | $36,000 |
Colorado Springs, CO PURPOSE: TO SUPPORT THE YOUNG LIFE INTERNSHIP PROGRAM FOR THE MINISTRY OF LAURA LIGON. | $1,000 |
Chattanooga, TN PURPOSE: TO PROVIDE SUPPORT FOR THE FEBRUARY YOUTH RETREAT. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
E&ss Foundation Inc Atlanta, GA | $118,157,057 | $264,264,546 |
Durham Realty Inc Durham, NC | $66,578,409 | $21,835,955 |
Healthcare Georgia Foundation Inc Atlanta, GA | $145,422,542 | $18,331,596 |
Kanuga Endowment Inc Hendersonville, NC | $0 | $539,404 |
United Jewish Charities Of Greater Charlotte Inc Charlotte, NC | $8,151,447 | $4,750,352 |
Rally Foundation Inc Atlanta, GA | $9,445,133 | $7,328,050 |
Jefferson City Parks And Recreation Foundation Jefferson City, MO | $842,423 | $291,038 |
University Of Arkansas Technology Development Foundation Fayetteville, AR | $18,380,736 | $2,093,754 |
Dismas Charities Properties Inc Louisville, KY | $71,077,691 | $7,449,643 |
Adira Foundation Richmond, VA | $46,085 | $190,912 |
American Institute Of Certified Public Accountants Foundation Durham, NC | $13,346,405 | $1,363,179 |
Holle Family Foundation Birmingham, AL | $55,700,431 | $5,149,826 |