Gallaher Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KNOXVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $77K. Net investment income was $124K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+2.0% YoY
Annual Giving
$77K
-5.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$77K
-5.8% YoY
Under IRS private-foundation payout rules, Gallaher Charitable Trust reported a distributable amount of $93K for 2024 — the minimum it must pay out in qualifying distributions.
About Gallaher Charitable Trust
Based on IRS filings
Gallaher Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KNOXVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $77K. Net investment income was $124K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,790,213 | $1,755,424 | $1,827,406 |
| Revenue | $134,043 | $46,868 | $-126,856 |
| Expenses | $99,254 | $103,281 | $122,436 |
| Qualifying Distributions | $88,967 | $93,327 | $100,407 |
| Net Investment Income | $124,248 | $38,300 | $41,187 |
| Distributable Amount | $93,352 | $88,823 | $95,361 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Marietta Cumberland Presbyterian Church ($76,759).
| Recipient | Purpose | Amount |
|---|---|---|
| MARIETTA CUMBERLAND PRESBYTERIAN CHURCH KNOXVILLE, TN | CHURCH OPERATING EXPENSES | $76,759 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TOMMY HOLMES | CO-TRUSTEE | 1 | $2,500 |
| PINNACLE BANK | CO-TRUSTEE | 3 | $17,816 |
| EDGAR FAUST | CO-TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gallaher Charitable Trust?
Gallaher Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KNOXVILLE, TN. It holds $1.8M in total assets as of 2024.
How large is Gallaher Charitable Trust?
As of 2024, Gallaher Charitable Trust holds $1.8M in total assets with $134K in annual revenue. It awarded 1 grants totaling $77K in 2024.
Where does Gallaher Charitable Trust operate?
Gallaher Charitable Trust has awarded grants in Tennessee.
What size grants does Gallaher Charitable Trust award?
In 2024, Gallaher Charitable Trust awarded 1 grants totaling $77K — an average of about $77K per grant, based on its IRS Form 990 filings.
How much is Gallaher Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gallaher Charitable Trust reported a distributable amount of $93K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gallaher Charitable Trust's EIN?
Gallaher Charitable Trust's EIN (Employer Identification Number) is 62-6284717. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gallaher Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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