| FORM 990, PAGE 1, PART I, LINE 6 |
509 INDIVIDUALS FROM THE 25 COUNTY REGION SERVED IN 2021 AS VOLUNTEERS ON THE FOUNDATION'S BOARD OF DIRECTORS, BOARD COMMITTEES, GEOGRAPHIC AFFILIATE FUND ADVISORY BOARDS, FIELD-OF-INTEREST GRANTS PANELS, AND SCHOLARSHIP SELECTION COMMITTEES. |
| FORM 990, PAGE 2, PART III, LINE 4D |
4D-1) EXPENSES OF 940,850, INCLUDING GRANTS OF 940,850 - CONDUCTED COMPETITIVE GRANTMAKING PROGRAMS IN THE FIELD-OF-INTEREST AREAS OF AFFORDABLE HOUSING, YOUTH-AT-RISK, RACIAL JUSTICE, WOMEN AND CHILDREN, COVID-19 AND OTHER DISASTER RELIEF PROVIDING 109 GRANTS TO 92 501(C)(3) ORGANIZATIONS FOR WORTHWHILE PROJECTS IN THE 25 COUNTY SERVICE AREA AND TO 5 OTHER COMMUNITY FOUNDATIONS IN TENNESSEE, KENTUCKY, AND NORTH CAROLINA. 4D-2) EXPENSES OF 506,382, INCLUDING GRANTS OF 506,382 - FUNDED 1 GRANT FROM THE PAT SUMMITT FOUNDATION FUND TO THE PAT SUMMITT CLINIC, A STATE- OF-THE-ART FACILITY AT UTMC FOR THE TREATMENT OF ALZHEIMER'S AND OTHER NEUROLOGICAL DISEASES, 11 GRANTS IN SUPPORT OF CAREGIVER TRAINING, ADULT DAY PROGRAMS, AND OTHER ALZHEIMER'S AND DEMENTIAS-RELATED PURPOSES, AND 3 MEMORIAL AND HONORARIUM GRANTS. 4D-3) EXPENSES OF 667,584, INCLUDING GRANTS OF 667,584 - CONDUCTED LOCALIZED, COMPETITIVE GRANTMAKING PROGRAMS THROUGH THE FOUNDATION'S AFFILIATE AND COUNTY-SPECIFIC FUNDS, ALLOWING LOCAL ADVISORY BOARDS TO SELECT WORTH PROJECTS AND PROGRAMS AT THE LOCAL LEVEL; 57 GRANTS WERE AWARDED TO 51 ORGANIZATIONS FOR A WIDE VARIETY OF CHARITABLE PURPOSES. 4D-4) EXPENSES OF 952,362, INCLUDING GRANTS OF 39,220 - MADE 61 DISCRETIONARY GRANTS FROM 7 FUNDS AND PAID PROGRAM-RELATED EXPENSES ASSOCIATED WITH THE MANAGEMENT OF CHARITABLE FUNDS AND THE ALLOCATION OF GRANT FUNDS TO BENEFIT THE 25 COUNTY EAST TENNESSEE REGION. |
| FORM 990, PAGE 5, PART V, LINE 3B |
THE 990-T IS ON EXTENSION AWAITING INFORMATION FROM VARIOUS SOURCES TO COMPLETE THE RETURN. THE FOUNDATION INTENDS TO FILE THE 990-T BEFORE THE EXTENDED DUE DATE. |
| FORM 990, PART VI |
SECTION C. DISCLOSURE LINE 17 THE FOUNDATION IS REGISTERED IN TENNESSEE, BUT HAS FILED CHARITABLE SOLICITATION APPLICATIONS IN 36 STATES IN WHICH THEY ARE REQUIRED. |
| FORM 990, PAGE 6, PART VI, LINE 11B |
THE INTERIM PRESIDENT/CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER REVIEW THE COMPLETED FORM 990 PRIOR TO FILING. BECAUSE EAST TENNESSEE FOUNDATION HAS A LARGE BOARD OF DIRECTORS AND THE INFORMATION CONTAINED IN SCHEDULE B IS SENSITIVE IN NATURE, SCHEDULE B IS NOT INLCUDED IN THE COPY OF THE FORM 990 SENT VIA EMAIL TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C |
OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE ASKED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM WHICH IS KEPT ON FILE IN THE ETF OFFICE. OFFICERS AND DIRECTORS WITH A CONFLICT OF INTEREST ON AN ISSUE ON A MEETING AGENDA ARE ASKED TO DISCLOSE THE CONFLICT AT THE MEETING AND TO RECUSE THEMSELVES FROM PARTICIPATION IN DISCUSSION AND VOTING ON THAT ITEM; SUCH RECUSALS ARE DOCUMENTED IN THE MEETING MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 15A |
EAST TENNESSEE FOUNDATION CHAIR AND IMMEDIATE PAST CHAIR LEAD THE ANNUAL PERFORMANCE APPRAISAL AND DETERMINATION OF COMPENSATION PROCESSES FOR THE PRESIDENT/CEO. A COMPREHENSIVE PERFORMANCE APPRAISAL FORM, COMPRISED OF RATING GRIDS IN EACH BROAD AREA OF JOB RESPONSIBILITY AND A SERIES OF QUESTIONS ADDRESSING PERFORMANCE, IS COMPLETED BY EACH MEMBER OF THE FOUNDATION'S EXECUTIVE COMMITTEE. THE PRESIDENT PREPARES A WRITTEN SELF-EVALUATION OF HIS PERFORMANCE RELATIVE TO PROGRESS TOWARD ACCOMPLISHMENT OF PREVIOUSLY DETERMINED GOALS. IN ADDITION, THE FULL BOARD IS INFORMED OF THE PROCESS, AND BOARD MEMBERS ARE INVITED TO PROVIDE INPUT AND COMMENTS. THE IMMEDIATE PAST CHAIR PREPARES A COMPOSITE OF COMPLETED APPRAISAL FORMS AND OTHER COMMENTS RECEIVED, WHICH BECOMES THE BASIS FOR THE PRESIDENT'S REVIEW. THE CHAIR AND IMMEDIATE PAST CHAIR MEET WITH THE PRESIDENT TO REVIEW THE APPRAISAL, DISCUSS FEEDBACK RECEIVED FROM BOARD AND EXECUTIVE COMMITTEE MEMBERS, REVIEW PROGRESS MADE TOWARD MEETING INDIVIDUAL GOALS AND THOSE OF THE FOUNDATION, OUTLINE OPPORTUNITIES FOR ADVANCEMENT, AND SET GOALS AND A WORK PLAN FOR THE NEXT YEAR. AFTER THE MEETING, THE CHAIR AND IMMEDIATE PAST CHAIR CONFER TO FINALIZE THE APPRAISAL PROCESS AND PREPARE A RECOMMENDATION FOR ANNUAL COMPENSATION. NORMALLY, THE MOST RECENT COUNCIL ON FOUNDATIONS SALARY SURVEY IS CONSULTED AS WELL AS ASSESSING ON A LOCAL LEVEL COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS. RESULTS AND RECOMMENDATIONS ARE PRESENTED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND SUBSEQUENT APPROVAL OR MODIFICATION. THE EXECUTIVE COMMITTEE MEETS BOTH INDEPENDENTLY AND WITH THE PRESIDENT IN CONDUCTING ITS DELIBERATIONS AND DECISION-MAKING. |
| FORM 990, PAGE 6, PART VI, LINE 18 |
BOTH THE IRS FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE READILY AVAILABLE ON THE FOUNDATION WEBSITE. THESE DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. FUNDHOLDERS ARE NOTIFIED VIA THE FOUNDATION'S DONOR PORTAL WHEN THE FINANCIAL STATEMENTS ARE AVAILABLE. THE 990-T IS AVAILABLE UPON REQUEST. |
| FORM 990, PAGE 6, PART VI, LINE 19 |
EAST TENNESSEE FOUNDATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 |
FUNDRAISING EVENTS DIRECT EXPENSES 227,642 REVENUE OF SUPPORTING FOUNDATIONS REPORTED SEPARATELY 47,349,855 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 1,254,355 CURRENT YEAR EFFECT OF FASB ASC 958-605 -11,444,857 EXPENSES OF SUPPORTING FOUNDATIONS REPORTED SEPARATELY -5,081,218 FUNDRAISING EVENTS DIRECT EXPENSES -227,642 CURRENT YEAR EFFECT OF FASB ASC 958-605 626,442 TOTAL 32,704,577 |
Attach to Form 990 or 990-EZ.