Jolley Foundation Inc

MORRISTOWN, TN EIN: 86-3329773

Jolley Foundation Inc is a private foundation focused on Recreation & Sports, based in MORRISTOWN, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $101K in total assets. In 2024, it awarded 16 grants totaling $104K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$101K

-59.0% YoY

Annual Giving

$104K

-32.3% YoY

Grant Count

16

+6.7% YoY

Avg Grant Size

$7K

-36.5% YoY

About Jolley Foundation Inc

Based on IRS filings

Jolley Foundation Inc is a private foundation focused on Recreation & Sports, based in MORRISTOWN, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $101K in total assets. In 2024, it awarded 16 grants totaling $104K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Bean StationDallasKnoxvilleMorristownNashvilleRutledgeSeymour

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$782K$2M$2M$3M2021202220232024
Metric202420232022
Total Assets$100,873$246,304$406,012
Revenue$2,592,076
Expenses$145,431$159,708$55,270
Qualifying Distributions$145,411$159,643$2,843,544
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$77K$116K$154K2 grants20217 grants202215 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WALTERS STATE COMM COLLE…$50KLIBERTY HILL METHODIST C…$25KHAMBLEN COUNTY SPECIAL O…$6KDEDRA KLOTZBACH$5KKRISTINA POTTER$5KJAMES WILSON$3KHAMBLEN CO SPECIAL EDUC …$2KHAMBLEN CO SPECIAL EDUC …$2KWEST HIGH SCHOOL QUARTER…$2KMOSES TARA BLANKS$1K

Grant Size Distribution

40 grants across all recorded years

38<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Walters State Comm College Fdn ($50,000), Liberty Hill Methodist Church ($25,000), Hamblen County Special Olympics ($5,500).

RecipientPurposeAmount
DAILY BREAD COMMUNITY KITCHEN MORRISTOWN, TNFEEDING THE HUNGRY$1,000
EAST HIGH FOOTBALL BOOSTERS CLUB MORRISTOWN, TNHIGH SCHOOL FOOTBALL PROGRAM$500
GREAT SMOKY MTN COUNCIL BSA KNOXVILLE, TNHAMBLEN CO GOOD SCOUT AWARD$1,000
HAMBLEN CO SPECIAL EDUC TEACHERS MORRISTOWN, TNCLASSROOM EXPENSES$2,000
HAMBLEN CO SPECIAL EDUC TEACHERS MORRISTOWN, TNAPPRECIATION GIFTS OF MEAL VOUCHERS$2,028
HAMBLEN COUNTY SPECIAL OLYMPICS NASHVILLE, TNSPECIAL OLYMPICS BUS$5,500
KIWANIS CLUB OF MORRISTOWN MORRISTOWN, TNVARIOUS CHARITABLE ACTIVITIES$500
LAKEWAY SOCCER CLUB MORRISTOWN, TNSOCCER SCHOLARSHIPS$1,000
MORRISTOWN-HAMBLEN HIGH SCHOOL WEST MORRISTOWN, TNYEARBOOK$300
WALTERS STATE COMM COLLEGE FDN MORRISTOWN, TNSCHOLARSHIPS$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOYCE W JOLLEYPRESIDENT2
RANDALL JOLLEYSECRETARY6
KELLIE KITTSTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Jolley Foundation Inc?

Jolley Foundation Inc is a private foundation focused on Recreation & Sports, based in MORRISTOWN, TN. It holds $101K in total assets as of 2024.

How large is Jolley Foundation Inc?

As of 2024, Jolley Foundation Inc holds $101K in total assets. It awarded 16 grants totaling $104K in 2024.

Where does Jolley Foundation Inc operate?

Jolley Foundation Inc has awarded grants in Tennessee, Texas.

What size grants does Jolley Foundation Inc award?

In 2024, Jolley Foundation Inc awarded 16 grants totaling $104K — an average of about $7K per grant, based on its IRS Form 990 filings.

What is Jolley Foundation Inc's EIN?

Jolley Foundation Inc's EIN (Employer Identification Number) is 86-3329773. IRS Form 990 filing data is available on this page for 2021–2024.

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

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