Floor Covering Education Foundation Inc
Floor Covering Education Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALTON, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $401K in total assets. In 2024, it awarded 10 grants totaling $242K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$401K
+50.3% YoY
Annual Giving
$242K
+128.7% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$24K
+83.0% YoY
Under IRS private-foundation payout rules, Floor Covering Education Foundation Inc reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About Floor Covering Education Foundation Inc
Based on IRS filings
Floor Covering Education Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALTON, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $401K in total assets. In 2024, it awarded 10 grants totaling $242K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $401,074 | $266,799 | $456,312 |
| Revenue | $1,070,483 | $729,665 | $883,740 |
| Expenses | $997,018 | $825,236 | $951,693 |
| Qualifying Distributions | $655,080 | $498,532 | $577,796 |
| Net Investment Income | — | — | — |
| Distributable Amount | $15,151 | $15,480 | $17,856 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cfi ($132,000), Chattanooga State Community College ($40,027), Great Falls College ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CERAMIC TILE EDUCATION FOUNDATION PENDLETON, SC | SCHOLARSHIPS OF $500 TO $1200 EACH TO 12 INDIVIDUALS FOR JOB TRAINING. | $10,679 |
| CFI DALTON, GA | SCHOLARSHIPS OF $500-$2500 EACH TO 76 INDIVIDUALS FOR JOB TRAINING. | $132,000 |
| HAWKEYE COMMUNITY COLLEGE WATERLOO, IA | SCHOLARSHIPS OF $925 TO $1725 EACH TO 10 INDIVIDUALS FOR JOB TRAINING | $13,800 |
| NATIONAL WOOD FLOORING ASSOCIATION CHESTERFIELD, MO | SCHOLARSHIP OF $899 TO 11 INDIVIDUAL FOR JOB TRAINING. | $9,889 |
| CHATTANOOGA STATE COMMUNITY COLLEGE CHATTANOOGA, TN | SCHOLARSHIPS OF $250 TO $750 TO 57 INDIVIDUALS | $40,027 |
| ADVANCED FLOORING TECHNOLOGY OILVILLE, VA | SCHOLARSHIPS OF $1225 PAID TO 7 INDIVIDUALS | $14,700 |
| ATLANTA TECHNICAL COLLEGE ATLANTA, GA | SCHOLARSHIP OF $1505 PAID TO 1 INDIVIDUAL | $1,505 |
| GREAT FALLS COLLEGE GREAT FALLS, MT | SCHOLARSHIPS OF $2500 PAID TO 6 INDIVIDUALS | $15,000 |
| PEARL RIVER COMMUNITY COLLEGE POPLARVILLE, MS | SCHOLARSHIPS OF $250 TO $700 PAID TO 6 INDIVIDUALS | $3,640 |
| EAGLE INTERIORS SENECA, SC | SCHOLARSHIP OF $800 PAID TO 1 INDIVIDUAL | $800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JIM AARON | BOARD MEMBER | 1 | — |
| STEVE ABERNATHY | BOARD MEMBER | 1 | — |
| MIKE BEAVERS | MARKETING CHAIR | 1 | — |
| BART BETTIGA | BOARD MEMBER | 1 | — |
| BILL BLACKSTOCK | BOARD MEMBER | 1 | — |
| DEB DEGRAAF | VICE CHAIR | 1 | — |
| PIET DOSSCHE | BOARD MEMBER | 1 | — |
| GEOFF GORDON | BOARD MEMBER | 1 | — |
| RUSSEL HEADRICK | FINANCE CHAIR\TREASURER | 1 | — |
| JEFF HONKONEN | SECRETARY | 1 | — |
| SCOTT HUMPHREY | BOARD MEMBER | 1 | — |
| MICHAEL MARTIN | BOARD MEMBER | 1 | — |
| DON ROBERTS | CHAIR | 1 | — |
| BILL GADDIS | BOARD MEMBER | 1 | — |
| ROBERT VARDEN | BOARD MEMBER | 1 | — |
| KAYE WHITENER | BOARD MEMBER | 1 | — |
| HOY LANNING | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Floor Covering Education Foundation Inc?
Floor Covering Education Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALTON, GA. It holds $401K in total assets as of 2024.
How large is Floor Covering Education Foundation Inc?
As of 2024, Floor Covering Education Foundation Inc holds $401K in total assets with $1.1M in annual revenue. It awarded 10 grants totaling $242K in 2024.
Where does Floor Covering Education Foundation Inc operate?
Floor Covering Education Foundation Inc has awarded grants in Georgia, Iowa, Kentucky, Missouri, Mississippi, Montana, South Carolina, Tennessee, Virginia.
What size grants does Floor Covering Education Foundation Inc award?
In 2024, Floor Covering Education Foundation Inc awarded 10 grants totaling $242K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Floor Covering Education Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Floor Covering Education Foundation Inc reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Floor Covering Education Foundation Inc's EIN?
Floor Covering Education Foundation Inc's EIN (Employer Identification Number) is 84-4704174. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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