Eastman Foundation

KINGSPORT, TN EIN: 62-1614800

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.8M

-15.9% YoY

Annual Giving

$330K

-54.1% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$55K

-54.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$614K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,828,860$2,173,480$2,887,662
Revenue$898,009$330,904$2,233,867
Expenses$737,629$2,113,036$985,203
Qualifying Distributions$329,885$718,650$773,363
Net Investment Income$148,516$187,365$157,245
Distributable Amount$262,727$207,307$250,352

Giving Over Time

Total grant dollars and number of grants per year

$0$485K$970K$1M$2M150 grants2020140 grants202133 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

AMERICAN INSTITUTE OF CH…$120KFIRST TENNESSEE DEVELOPM…$100KUNITED WAY OF SOUTHWEST …$100KETSU$8KMILLIGAN UNIVERSITY$2KNATIONAL MERIT SCHOLARSH…$635

Grant Size Distribution

335 grants across all recorded years

308<$50K17$50–100K6$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Eastman Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KRISTI BENNETTFORMER CORPORATE SECRETARY0.25
PAULA BULCAOEXECUTIVE DIRECTOR15
KELLYE WALKERDIRECTOR0.25
WILLIE MCLAINDIRECTOR & PRESIDENT0.25
STEVE G CRAWFORDDIRECTOR0.25
GREGORY A RIDDLEDIRECTOR0.25
MICHELLE CAVENESSDIRECTOR0.25
LAURA DURBINCORPORATE SECRETARY AS OF 12/17/240.25

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

21states
+13 more states

Cities

AbingdonAkronAlexandriaAndalusiaAnnistonArlingtonAustinAxtonBassettBlountvilleBluff CityBridgetonBristolBulls GapChapel HillCharleroiCharlottesvilleChestertownChicagoChuckey

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

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