Bailey & Lucy Evans Foundation

Foundation · Grantmaker Nashville, TN EIN: 20-6605288

Bailey & Lucy Evans Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $362K in total assets. In 2024, it awarded 13 grants totaling $22K. Net investment income was $28K.

Key facts about Bailey & Lucy Evans Foundation

EIN: 20-6605288
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $22,353
Grants made (2024): 13
Average grant: $1,719
Median grant: $1,853
New grantees (estimate): 8% first-time grantees (1 of 13, 2024)
Total assets: $361,580
Primary geography: Tennessee (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Bailey & Lucy Evans Foundation funds

By grant dollars, the top recipient states for Bailey & Lucy Evans Foundation's 13 itemized 2024 grants were Tennessee (100%). The most frequent recipient cities were Shelbyville, TN (6 grants) and Manchester, TN (2 grants). None of its 13 grants with a stated purpose were described as general or operating support.

Is Bailey & Lucy Evans Foundation open to new grantees?

first-time grantees, 2024

In 2024, 1 of 13 grantees (8%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count

Medians: $2K first-time, $2K repeat.

77% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (−5%). Method
In 2024 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$362K

+0.8% YoY

Annual Giving

$22K

+0.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

+0.2% YoY

Under IRS private-foundation payout rules, Bailey & Lucy Evans Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Bailey & Lucy Evans Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $22K (100%)

Share of all 13 itemized 2024 grant dollars.

States

Georgia Tennessee

Cities

ShelbyvilleManchesterChristianaCordovaFayettevilleMonteagleSmithvilleAtlantaNashvillePleasantvilleSmyrnaStrawberry PlaiinsWartrace

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$361,580	$358,862	$358,993
Revenue	$31,586	$28,294	$18,800
Expenses	$28,868	$28,449	$33,109
Qualifying Distributions	$25,561	$25,324	$28,803
Net Investment Income	$28,279	$25,169	$15,548
Distributable Amount	$22,343	$31,667	$22,656

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

69 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Community Development Center ($4,000), Boys and Girls Club ($2,000), Caregiver Relief Program of Bedford County ($2,000).

Recipient	Purpose	Amount
COMMUNITY DEVELOPMENT CENTER Shelbyville, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$4,000
BOYS AND GIRLS CLUB Shelbyville, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$2,000
CAREGIVER RELIEF PROGRAM OF BEDFORD COUNTY Shelbyville, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$2,000
COMMUNITY OUTREACH PARTNERSHIP Shelbyville, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$2,000
HAVEN OF HOPE OF DEKALB COUNTY Smithville, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$2,000
JUNIOR'S HOUSE INC Fayetteville, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$2,000
CENTER FOR FAMILY DEVELOPMENT Shelbyville, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$1,853
BELIEVERS FAITH FELLOWSHIP Christiana, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$1,500
CASA WORKS INC Manchester, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$1,500
FAMILY COUNSELING CENTER OF MIDDLE TENNESSEE Manchester, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THIS ORGANIZATION	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Pinnacle Bank	Trustee	1	$4,816

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bailey & Lucy Evans Foundation?

Bailey & Lucy Evans Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. It holds $362K in total assets as of 2024.

How large is Bailey & Lucy Evans Foundation?

As of 2024, Bailey & Lucy Evans Foundation holds $362K in total assets with $32K in annual revenue. It awarded 13 grants totaling $22K in 2024.

Where does Bailey & Lucy Evans Foundation operate?

Bailey & Lucy Evans Foundation has awarded grants in Georgia, Tennessee.

What size grants does Bailey & Lucy Evans Foundation award?

In 2024, Bailey & Lucy Evans Foundation awarded 13 grants totaling $22K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Bailey & Lucy Evans Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bailey & Lucy Evans Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bailey & Lucy Evans Foundation's EIN?

Bailey & Lucy Evans Foundation's EIN (Employer Identification Number) is 20-6605288. IRS Form 990 filing data is available on this page for 2020–2024.