Overview

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Est.

2021

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The TAF Rural Expansion Foundation, identified by EIN 87-1130171, is a nonprofit organization dedicated to enhancing post-secondary education opportunities for high school students in distressed rural counties of Tennessee through the expansion of the Ayers Foundation Scholars Program model. With an operating budget of $7 million and total revenue of $12.9 million for the 2024 filing year, the foundation is significantly supported by a major funder contributing $27.5 million, indicating a reliance on a single source for a substantial portion of its revenue.

Mission Statement

EXPANDING THE AYERS FOUNDATION SCHOLARS PROGRAM MODEL TO IMPROVE POST-SECONDARY EDUCATION OPPORTUNITIES FOR HIGH SCHOOLERS IN DISTRESSED/AT-RISK RURAL TENNESSEE COUNTIES.
Revenues
$12.9M
Expenses
$7M
Net Income:
+$5.9M
Assets
$11.6M
Liabilities
$319.8K
Net Assets:
+$11.3M
Operating Budget
$7M
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
$15M
Largest grant received
$15M
D
DR Burton Williams
Board Member
J
James Ayers
Board Member
L
Lorisa Williams
Board Member

Frequently Asked Questions

What is TAF Rural Expansion Foundation’s budget?
In 2024, TAF Rural Expansion Foundation reported an annual operating budget of around $7 million. More detailed financial information is available to registered users.
What causes does TAF Rural Expansion Foundation support?
TAF Rural Expansion Foundation supports work in Education.
Where does TAF Rural Expansion Foundation operate?
TAF Rural Expansion Foundation is headquartered in Parsons, TN.
Who funded TAF Rural Expansion Foundation recently?
In 2025, TAF Rural Expansion Foundation received grants from GOVERNORS RURAL EDUCATION FOUNDATION and GOVERNORS RURAL EDUCATION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant TAF Rural Expansion Foundation received in 2024?
The largest grant to TAF Rural Expansion Foundation in 2024 exceeds $15 million.
What is TAF Rural Expansion Foundation’s reliance on government grants?
TAF Rural Expansion Foundation relied on government grants for more than 95% of their total revenue in 2024.