Carolyn M Cate Foundation Inc

Private foundation · Grantmaker Knoxville, TN EIN: 80-0878337

Carolyn M Cate Foundation Inc is a private foundation focused on Education, based in Knoxville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $72K in total assets. In 2025, it awarded 2 grants totaling $3K. Net investment income was $3K.

Key facts about Carolyn M Cate Foundation Inc

In short: Carolyn M Cate Foundation Inc gave $3K across 2 grants in 2025 (avg $2K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.

EIN
80-0878337
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,400
Grants made (2025)
2
Average grant
$1,700
Median grant
$1,700
Total assets
$72,154
Primary geography
Tennessee (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$72K

+7.6% YoY

Annual Giving

$3K

-45.2% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$2K

-17.7% YoY

Under IRS private-foundation payout rules, Carolyn M Cate Foundation Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.

How Carolyn M Cate Foundation Inc gives

  • Giving grew 31% from 2022 to 2025. Method
  • In 2025 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 2 itemized 2025 grant dollars.

Cities

KnoxvilleBooneMaryville

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K5 grants20203 grants20212 grants20220 grants20233 grants20242 grants2025

From 2020 to 2025, annual grant giving ranged from $2K (2020) to $6K (2024). In 2025 it made 2 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Western Heights Baptist Center: $2KWestern Heights Baptist Center$2KHand Up For Women: $2KHand Up For Women$2K

The largest 2025 recipient was Western Heights Baptist Center ($2K). Together the top 2 received $3K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Western Heights Baptist Center Knoxville, TNProviding physical and spiritual support by offering food clothing etc.$1,700
Hand Up For Women Knoxville, TNHelping underprivileged women become self-sufficient$1,700

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K202020212022202320242025
Metric202520242023
Total Assets$72,154$67,044$62,865
Revenue$8,686$10,379$8,720
Expenses$3,576$6,200$31
Qualifying Distributions$3,400$6,200—
Net Investment Income$2,682$379$62
Distributable Amount$3,337$3,237$2,807

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Carolyn M Cate Foundation Inc is led by Carolyn M Cate, President on filings since 2020; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Carolyn M Cate

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tonya Bales

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Heather Sieber

    Secretary

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Tom Newman

    Board Member

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Beverly Shepherd

    Board Member

    New on the 2025 filing

    0.1 hrs/week

    No compensation reported

Former officers (2)
  • Former: Beverly Moses (2024) — Board Member
  • Former: Heather Seiber (2020–2022) — Secretary

Data from IRS Form 990 filings, 2020–2025. "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 Carolyn M Cate Foundation Inc

How much does Carolyn M Cate Foundation Inc give each year?

Carolyn M Cate Foundation Inc gave $3K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 3 grants.

How large is Carolyn M Cate Foundation Inc?

Carolyn M Cate Foundation Inc reported $72K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What is Carolyn M Cate Foundation Inc?

Carolyn M Cate Foundation Inc is a private foundation focused on Education, based in Knoxville, TN. It holds $72K in total assets as of 2025.

Where does Carolyn M Cate Foundation Inc operate?

Carolyn M Cate Foundation Inc has awarded grants in North Carolina, Tennessee.

What is Carolyn M Cate Foundation Inc's EIN?

Carolyn M Cate Foundation Inc's EIN (Employer Identification Number) is 80-0878337. IRS Form 990 filing data is available on this page for 2020–2025.

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

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