9th Avenue Foundation

KNOXVILLE, TN EIN: 93-4887302

9th Avenue Foundation is a private foundation, based in KNOXVILLE, TN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $28.2M in total assets. In 2024, it awarded 34 grants totaling $388K. Net investment income was $1.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.2M

+12.6% YoY

Annual Giving

$388K

Grant Count

34

Avg Grant Size

$11K

Under IRS private-foundation payout rules, 9th Avenue Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

About 9th Avenue Foundation

Based on IRS filings

9th Avenue Foundation is a private foundation, based in KNOXVILLE, TN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $28.2M in total assets. In 2024, it awarded 34 grants totaling $388K. Net investment income was $1.4M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BrentwoodCharlotteClemsonColorado SpringsFranklinKnoxvilleNashvilleNew YorkPhiladelphiaStrawberry PlainsWinstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$14M$21M$28M20232024
Metric20242023
Total Assets$28,174,889$25,018,755
Revenue$1,435,736$25,018,755
Expenses$400,171
Qualifying Distributions$387,500
Net Investment Income$1,422,944$1,813
Distributable Amount$1,350,206$12,455

Giving Over Time

Total grant dollars and number of grants per year

$0$97K$194K$291K$388K0 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

KING'S ACADEMY NASHVILLE$80KYOUNG LIFE$57KREDEEMER CITY TO CITY$30KREFORMED UNIVERSITY FELL…$24KCEDAR SPRINGS PRESBYTERI…$20KTENNESSEE KIDS BELONG$17KEAST TENNESSEE CHILDREN'…$15KHOPE HOUSE OF TENNESSEE$15KFAITHFULLY RESTORED$10KNAHT COALITION$10K

Grant Size Distribution

34 grants across all recorded years

32<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include King's Academy Nashville ($80,000), Young Life ($57,000), Redeemer City to City ($30,000).

RecipientPurposeAmount
ANCORA TN NASHVILLE, TNGENERAL OPERATIONS$5,000
CEDAR SPRINGS PRESBYTERIAN CHURCH KNOXVILLE, TNGLOBAL MISSIONS AND GENERAL FUND$20,000
CENTERSTONE OF TENNESSEE INC NASHVILLE, TNIN HONOR OF CYNTHIA ARNHOLT$2,000
CHARLOTTE FELLOWS PROGRAM CHARLOTTE, NCOPERATIONS & IN HONOR OF BOB AND CONNICE DYAR$5,000
CLEMSON UNIVERSITY FOUNDATION CLEMSON, SCGENERAL OPERATIONS$5,000
CORNER TO CORNER NASHVILLE, TNGENERAL OPERATIONS$7,000
EAST TENNESSEE CHILDREN'S HOSPITAL KNOXVILLE, TNGENERAL OPERATIONS$15,000
EMERALD YOUTH FOUNDATION KNOXVILLE, TNGENERAL OPERATIONS$7,000
FAITHFULLY RESTORED BRENTWOOD, TNGENERAL OPERATIONS$10,000
FRIENDS OF RADNOR LAKE NASHVILLE, TNGENERAL OPERATIONS$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ELIZABETH L AVERYPRESIDENT0.5
JENNIFER OSWALTSECRETARY/TREASURER0.5
MATTHEW AVERYDIRECTOR0.5

Frequently Asked Questions

How large is 9th Avenue Foundation?

As of 2024, 9th Avenue Foundation holds $28.2M in total assets with $1.4M in annual revenue. It awarded 34 grants totaling $388K in 2024.

Where does 9th Avenue Foundation operate?

9th Avenue Foundation has awarded grants in Colorado, North Carolina, New York, Pennsylvania, South Carolina, Tennessee.

What size grants does 9th Avenue Foundation award?

In 2024, 9th Avenue Foundation awarded 34 grants totaling $388K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is 9th Avenue Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, 9th Avenue Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is 9th Avenue Foundation's EIN?

9th Avenue Foundation's EIN (Employer Identification Number) is 93-4887302. IRS Form 990 filing data is available on this page for 2023–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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