Bill and Carol Latimer Charitable
Bill and Carol Latimer Charitable is a private foundation based in Union City, Tennessee. Its 2024 filing reports grants to charitable organizations, with listed grant purposes and recipient missions showing support for religious organizations and Christian ministries, as well as educational and other organizations.
Bill and Carol Latimer Charitable at a glance
In short: Bill and Carol Latimer Charitable gave $10.3M across 52 grants in 2024 (avg $199K), top state Georgia. 38% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,337,017
- +36.0% vs 2023
- Grants made (2024)
- 52
- +57.6% vs 2023
- Average grant
- $198,789
- -13.7% vs 2023
- Median grant
- $20,000
- Total assets
- $177,771,513
- +10.4% vs 2023
- New grantees (estimate)
- 38% first-time grantees (20 of 52, 2024)
- Primary geography
- Georgia (48% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Bill and Carol Latimer Charitable
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 201 West Main St E, Union City, TN 38261
Phone: (731) 885-2888
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bill and Carol Latimer Charitable funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was National Christian Foundation ($3.0M). Together the top 10 received $8.9M.
Grant Size Distribution
202 grants across all recorded years
The most common grant size was under $50K: 131 grants of 202 (65%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in Georgia (48%), Tennessee (14%), Kentucky (11%), Texas (8%), and Florida (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 52 itemized grants.
States
Cities
Is Bill and Carol Latimer Charitable open to new grantees?
38%
first-time grantees, 2024
In 2024, 20 of 52 grantees (38%) were first-time recipients. First grants averaged $242K; repeat grants $172K. How we count
Medians: $25K first-time, $16K repeat.
- 52% of 2024 grantees were also funded in 2023. Method
- Giving grew 96% from 2021 to 2024. Method
- In 2024 it paid out 122% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.3M (2021) to $10.3M (2024). In 2024 it made 52 grants totaling $10.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Christian Foundation Alpharetta, GA | Religious | $3,000,000 |
| Teach Every Nation Atlanta, GA | Religious | $2,000,000 |
| Asbury Theological Seminary Lexington, KY | Religious | $1,003,750 |
| Church of Glad Tidings Yuba City, CA | Religious | $500,000 |
| Favor Africa Bradenton, FL | Religious | $500,000 |
| First Methodist Church Union City, TN | Religious | $500,000 |
| Revelation Media Inc Richardson, TX | Religious | $500,000 |
| Christian Community Foundation Memphis, TN | Religious | $300,000 |
| Nick V Ministires Plano, TX | Religious | $300,000 |
| Mission Voice Work Moorestown, NJ | Religious | $250,001 |
Ready to take the next step with Bill and Carol Latimer Charitable?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $177,771,513 | $29,004,151 | $12,101,550 | $10,337,017 | 52 | $12,101,550 | $16,701,398 | $9,898,368 |
| 2023 | $161,006,492 | $28,531,702 | $8,684,848 | $7,600,384 | 33 | $8,684,494 | $18,871,563 | $8,616,728 |
| 2022 | $141,162,753 | $29,937,764 | $7,631,165 | $6,526,686 | 47 | $7,631,912 | $23,959,202 | $7,376,346 |
| 2021 | $129,837,485 | $34,799,223 | $5,947,162 | $5,279,279 | 40 | $5,946,455 | $24,856,440 | $6,391,361 |
| 2020 | $100,985,424 | $7,386,855 | $6,346,596 | $5,889,416 | 30 | — | $2,545,046 | $5,513,364 |
Under IRS private-foundation payout rules, Bill and Carol Latimer Charitable reported a distributable amount of $9.9M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include organizations whose own stated missions concern Christian ministry, religious education, and related work. For example, Asbury Theological Seminary describes its mission as preparing people to evangelize and spread scriptural holiness; Revelation Media says it produces and distributes Christian and Biblical content; and Disciple Makers Network says it connects indigenous ministers with resources to fulfill the Great Commission.
Other 2024 recipients describe education and service missions: Union University says it provides Christ-centered education, while Reboot Recovery says it helps people overcome trauma through faith-based programs. These are the recipients’ descriptions of their own work.
Grantmaking
In 2024, the foundation reported 52 grants totaling $10,337,017. Grant amounts ranged from $500 to $3,000,000, with a median of $20,000.
Among the largest 2024 grants were $3,000,000 to National Christian Foundation, $2,000,000 to Teach Every Nation, and $1,003,750 to Asbury Theological Seminary. The foundation also awarded $500,000 each to Church of Glad Tidings, Favor Africa, First Methodist Church, and Revelation Media.
Leadership & Key People
Leadership team and compensation from IRS filings
William Latimer III is listed as a trustee on the 2024 filing.
Bill and Carol Latimer Charitable is led by William Latimer III, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
William Latimer III
Trustee
On filings since 2020
No compensation reported
Former officers (7)
- Former: Al Oliver (2020) — Trust Committee Member
- Former: Carol Latimer (2020) — Trust Committee Member
- Former: John Miles (2020) — Trust Committee Member
- Former: John Warner Jr. (2020) — Trust Committee Member
- Former: Lolly Bearden (2020) — Trust Committee Member
- Former: Mark M. Layne (2020) — Trust Committee Chairman
- Former: Phillip H. Creswell (2020) — Trust Committee Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bill and Carol Latimer Charitable
How much does Bill and Carol Latimer Charitable give each year?
Bill and Carol Latimer Charitable gave $10.3M across 52 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7.6M across 33 grants.
What is Bill and Carol Latimer Charitable's typical grant size?
Bill and Carol Latimer Charitable's median grant in 2024 was $20,000, and its average grant was $198,789, across 52 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Bill and Carol Latimer Charitable that year got $242K on average.
Where does Bill and Carol Latimer Charitable give grants?
Bill and Carol Latimer Charitable's top state is Georgia, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Tennessee (14%) and Kentucky (11%). The most frequent recipient cities were Union City, TN (9 grants), Jackson, TN (4 grants), Memphis, TN (3 grants) and Lexington, KY (2 grants).
Does Bill and Carol Latimer Charitable give general operating support?
Not in 2024: none of the 52 grants with a stated purpose on Bill and Carol Latimer Charitable's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Religious" (38 grants) and "Educational" (14 grants).
Who are Bill and Carol Latimer Charitable's largest grantees?
Bill and Carol Latimer Charitable's largest 2024 grantees include National Christian Foundation ($3,000,000), Teach Every Nation ($2,000,000) and Asbury Theological Seminary ($1,003,750), according to its 2024 IRS Form 990-PF. Together they received 58% of its itemized 2024 grant dollars.
How large is Bill and Carol Latimer Charitable?
Bill and Carol Latimer Charitable reported $177.8M in total assets on its 2024 IRS Form 990-PF. It paid out $12.1M in qualifying distributions that year, against a required minimum of $9.9M (roughly 5% of its investment assets).
What does Bill and Carol Latimer Charitable fund?
No mission statement for the foundation is provided. Its 2024 grants include organizations whose own stated missions concern Christian ministry, religious education, and related work. See mission & focus areas ↑
How do I apply for a grant from Bill and Carol Latimer Charitable?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bill and Carol Latimer Charitable's EIN?
Bill and Carol Latimer Charitable's EIN (Employer Identification Number) is 20-3450991. IRS Form 990 filing data is available on this page for 2020–2024.
Does Bill and Carol Latimer Charitable accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Bill and Carol Latimer Charitable's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Tennessee
Christian Community Foundation of Memphis
Memphis, TN
The foundation supports a broad range of U.S. charities through donor-advised funds, with a particular focus on Christian ministries and community transformation in Memphis; its Hope for Memphis Fund serves eligible Gospel-centered nonprofits in the Memphis metro area. Its 2025 grants had a median of $22,050, and it accepts applications for the Hope for Memphis Fund during its stated application cycle.
Assets
$229.0M
Grants
636
Total Given
$109.7M
Chattanooga Christian Community Foundation
Chattanooga, TN
The foundation supports 501(c)(3) charities and Christian ministries, with grants for community needs, education, children and families, and other charitable work; its 2024 median grant was $18,250, though awards varied widely. Giving is concentrated in Tennessee, especially the Chattanooga area, with grants also reaching other states; it does not describe a general open application process—one giving circle uses member nominations, and Unidos en Compasión accepts applications by invitation.
Assets
$136.1M
Grants
567
Total Given
$36.4M
Christian Community Foundation Inc
Colorado Springs, CO
WaterStone supports domestic and international nonprofits, including Christian ministries and charitable and educational organizations, through donor-directed grants; eligible organizations must be IRS-recognized 501(c)(3)s whose mission aligns with its Statement of Faith. Its 2025 grants had a median of $20,000, with awards ranging from $5,028 to $11 million, and were concentrated in Texas and Colorado. Grant recommendations come from donor-advised fund holders; the profile does not state that it accepts unsolicited requests.
Assets
$746.4M
Grants
1,651
Total Given
$161.8M
The Community Foundation of Middle Tennessee Inc
Nashville, TN
The Community Foundation of Middle Tennessee supports nonprofits across a range of needs, including housing, disaster relief, education, health, public safety, and the arts. Its 2024 grants had a median award of $8,500, with amounts ranging widely; it primarily serves Middle Tennessee, with 76% of 2024 grant dollars going to Tennessee recipients. Special Interest Grant applications are submitted through its grants portal; no new competitive Community Impact cycle is planned for fiscal year 2026–2027.
Assets
$832.0M
Grants
2,450
Total Given
$107.1M
HCA Healthcare Foundation
Nashville, TN
HCA Healthcare Foundation funds community health and health equity, including primary care, basic needs, education, and the arts; its Middle Tennessee Fund serves nine counties, while other initiatives support communities served by HCA Healthcare. In 2024, grants ranged from $1,000 to $9.65 million, with a median of $5,000. It accepts requests through an Applicant Inquiry Form for new applicants and organizations that have not received funding in 18 months; staff provide next steps after review.
Assets
$192.7M
Grants
999
Total Given
$25.4M
Dollar General Employee Assistance
Goodletsville, TN
The foundation provides emergency financial assistance to active Dollar General employees and their families facing qualifying hardships, such as a home loss, a death, or a serious illness or injury. In 2026, grants ranged from $37 to $6,000, with a median of $2,000; all reported recipients were in Tennessee. It accepts applications from eligible employees, who must submit supporting documentation.
Assets
$5.8M
Grants
957
Total Given
$1.7M
More similar funders
More Funders in Tennessee
Cite this profile
Grantable. (2026). Bill and Carol Latimer Charitable funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/bill-and-carol-latimer-charitable-morg_4a399a150d1f4a0ab1436bb112af7c8c
BibTeX
@misc{grantable_203450991_2026,
author = {{Grantable}},
title = {{Bill and Carol Latimer Charitable funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bill-and-carol-latimer-charitable-morg_4a399a150d1f4a0ab1436bb112af7c8c},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Bill and Carol Latimer Charitable's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Bill and Carol Latimer Charitable down — hundreds of funders to go?