4TH PURPOSE FOUNDATION

4TH PURPOSE FOUNDATION

Knoxville, TN, US
501(c)3
EIN
84-4085732

4TH PURPOSE FOUNDATION

Knoxville, TN, US
501(c)3
EIN
84-4085732

Overview

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Est.

2019

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The 4TH PURPOSE FOUNDATION (EIN: 84-4085732) is dedicated to transforming prisons into spaces of rehabilitation and growth. With an operating budget of $753.2K and total revenue of $779.8K for the 2024 filing year, the organization is supported by multiple funders without reliance on a single source for over 50% of its revenue. More information can be found on their website, 4THPURPOSE.ORG.

Mission Statement

4TH PUROPOSE FOUNDATION WAS CREATED TO BE A CATALYST TO MAKE PRISON A PLACE OF TRANSFORMATION.
Revenues

$779.8K

Expenses

$753.2K

Net Income:
+$26.6K
Assets

$12.8M

Liabilities

$2.8M

Net Assets:
+$10M
Operating Budget

$753.2K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$110K
Largest grant received
$110K
T
Tracy Smith
Board Member
B
Brett Tollman
Board Member
B
Bryan Collier
Board Member

Frequently Asked Questions

What is 4TH PURPOSE FOUNDATION’s budget?
In 2024, 4TH PURPOSE FOUNDATION reported an annual operating budget of around $753 thousand. More detailed financial information is available to registered users.
What causes does 4TH PURPOSE FOUNDATION support?
4TH PURPOSE FOUNDATION supports work in Communication media and Foundations.
Where does 4TH PURPOSE FOUNDATION operate?
4TH PURPOSE FOUNDATION is headquartered in Knoxville, TN.
Who funded 4TH PURPOSE FOUNDATION recently?
In 2024, 4TH PURPOSE FOUNDATION received grants from NATL CHRISTIAN CHARITABLE FDN INC, GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC, and EAST TENNESSEE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant 4TH PURPOSE FOUNDATION received in 2024?
The largest grant to 4TH PURPOSE FOUNDATION in 2024 exceeds $110 thousand.
What is 4TH PURPOSE FOUNDATION’s reliance on government grants?
4TH PURPOSE FOUNDATION relied on government grants for less than 5% of their total revenue in 2024.
Overview
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