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Knoxville Scottish Rite Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 626209505 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Knoxville Scottish Rite Foundation?

The Knoxville Scottish Rite Foundation is a nonprofit organization located in Knoxville, Tennessee. Their primary focus is on providing financial assistance for education to deserving individuals who require it. This support extends to various colleges and universities across the region. Additionally, the foundation demonstrates a strong commitment to helping underprivileged children by offering them essential items such as shoes and socks. Furthermore, the foundation contributes to speech and hearing therapy for children in need, through partnerships with clinics in East Tennessee.

Is Knoxville Scottish Rite Foundation legitimate?

Knoxville Scottish Rite Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Scottish Rite Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Knoxville Scottish Rite Foundation?

The Knoxville Scottish Rite Foundation's mission is centered around providing aid to individuals in need. They offer scholarships and educational assistance to deserving students who require financial assistance to pursue their education. Additionally, the foundation extends its support to underprivileged children by providing them with essential items such as shoes and socks. Furthermore, the foundation is committed to enhancing the communication skills of children by offering speech and hearing therapy at local clinics in East Tennessee.

What is the revenue of Knoxville Scottish Rite Foundation?

Knoxville Scottish Rite Foundation's revenue in 2024 was $188,417.

Who are the executives of Knoxville Scottish Rite Foundation and what are their salaries?

Here are 13 key members and their salaries:


Harvey H Lafollette (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek K Adamson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael G Weems (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert B Beam (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry N Lafollette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles M Rhines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David A Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph W Edens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy R Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael C Hatmaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane B Ratliff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Bryce Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adolf H Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Knoxville Scottish Rite Foundation?

Knoxville Scottish Rite Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Knoxville Scottish Rite Foundation

The Knoxville Scottish Rite Foundation is committed to making a significant impact in various aspects of education and community welfare. At its core, the organization's mission is twofold. Firstly, it strives to provide scholarships and educational assistance to deserving individuals who demonstrate merit and find themselves in need of financial aid. This initiative allows these individuals to pursue higher education without the burden of financial constraints.

Secondly, the Knoxville Scottish Rite Foundation extends its support to underprivileged children by providing them with essential items such as shoes and socks. Recognizing the importance of these basic necessities, the foundation ensures that no child goes without, thereby contributing to their overall well-being.

Furthermore, the foundation also runs speech and hearing therapy clinics in East Tennessee. These clinics are dedicated to assisting children with speech and hearing impairments, offering them the necessary therapeutic support to overcome these challenges and improve their communication abilities. By providing this service, the Knoxville Scottish Rite Foundation aims to empower these children and enable them to participate more fully in their educational and social environments.

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Impact




August, 2024

The Knoxville Scottish Rite Foundation's impact is significant in providing scholarships and educational assistance to deserving individuals in need of financial support. Through their efforts, they help students pursue higher education and achieve their academic goals. Additionally, the foundation's contributions go beyond education by providing shoes and socks to children in need, as well as offering speech and hearing therapy to children at clinics in East Tennessee. By addressing these critical needs, the Knoxville Scottish Rite Foundation positively impacts the lives of many individuals in the community, particularly in the realm of human services.




This information is meant to be a general summary of Knoxville Scottish Rite Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$188,417 (2024)
Expenses
$50,015 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $45,599
  • Gross Receipts: $188,417

Assets and Liabilities:

  • Total Assets: $917,530
  • Total Liabilities: $0
  • Net Assets: $917,530

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Organization Details

Founding Year

1987

Principal Officer

Robert B Beam

NTEE Category

Code: P34Z - Human services

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