Lawson Family Foundation
- Assets
- $1.6m
- Revenue
- $66.2k
- Investments
- $1.4m
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- Data as of
- 12/2023
- EIN
- 86-1740122
Organization Overview
Lawson Family Foundation is located in Knoxville, TN. 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. Lawson Family 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, Lawson Family Foundation generated $66.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (74.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Lawson Family Foundation has awarded 79 individual grants totaling $2,106,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Lawson President | 1 | $0 | |
Matthew Harrell Exec Dir/sec | 1 | $0 | |
Christy Lockwood Director | 1 | $0 | |
Gwen Mckenzie Director | 1 | $0 | |
Tim Mclemore Director | 1 | $0 | |
Carey Parker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,738 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,426 |
| Capital Gain Net Income | $608 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,164 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $65,000 |
| Pension plans, employee benefits | $22,982 |
| Interest | $0 |
| Taxes | $2,755 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,373 |
| Printing and publications | $0 |
| Other expenses | $7,444 |
| Total operating and administrative expenses | $123,170 |
| Contributions, gifts, grants paid | $915,150 |
| Total expenses and disbursements | $1,038,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,316 |
| Savings and temporary cash investments | $70,953 |
| 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 | $750 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,374,582 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,597,601 |
| 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, Lawson Family Foundation has awarded $853,500 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
A STEP AHEAD FOUNDATION OF EAST TN PURPOSE: GENERAL SUPPORT | $20,000 |
KICKO PURPOSE: GENERAL SUPPORT | $15,000 |
GIRLS INC OF TN VALLEY PURPOSE: GENERAL SUPPORT | $2,500 |
THE RESTORATION HOUSE OF EAST TENNE PURPOSE: GENERAL SUPPORT | $10,000 |
STREET HOPE TN PURPOSE: GENERAL SUPPORT | $20,000 |
100 BLACK MEN OF KNOXVILLE PURPOSE: GENERAL SUPPORT | $10,000 |