Lafollette Medical Foundation Inc

JACKSBORO, TN EIN: 20-4901729

Lafollette Medical Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSBORO, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.9M in total assets. In 2024, it awarded 16 grants totaling $563K. Net investment income was $462K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.9M

+3.0% YoY

Annual Giving

$563K

-3.2% YoY

Grant Count

+6.7% YoY

Avg Grant Size

$35K

-9.3% YoY

Under IRS private-foundation payout rules, Lafollette Medical Foundation Inc reported a distributable amount of $516K for 2024 — the minimum it must pay out in qualifying distributions.

About Lafollette Medical Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $3.1M (100%)

States

Tennessee

Cities

BrentwoodCaryvilleJacksboroJellicoKnoxvilleLafolletteRockford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,899,195	$9,611,102	$9,075,672
Revenue	$555,355	$512,217	$274,111
Expenses	$653,007	$661,705	$666,251
Qualifying Distributions	$589,837	$605,501	$689,814
Net Investment Income	$461,665	$423,564	$186,144
Distributable Amount	$516,038	$493,772	$592,755

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

76 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include City of Lafollette Fire Department ($71,476), Campbell County Senior Citizens ($69,977), Lafollette Police Department ($56,700).

Recipient	Purpose	Amount
BRIDGES TO RECOVERY JACKSBORO, TN	MENTAL HEALTH PROGRAMS	$33,000
CASA OF CAMPBELL COUNTY JACKSBORO, TN	MEDICAL, PSYCHOLOGICAL, & EDUCATIONAL SERVICES FOR ABUSED & NEGLECTED CHILDREN IN THE JUVENILE COURT OF CAMPBELL COUNTY	$25,600
CAMPBELL COUNTY BOARD OF EDUCATION JACKSBORO, TN	INFLUENZA VACCINATION PROGRAM, JELLICO HIGH SCHOOL ATHLETIC PERSONAL TRAINER	$40,000
CAMPBELL COUNTY CHILDREN'S CENTER LAFOLLETTE, TN	HEALTH EDUCATION/PREVENTION PROGRAM	$40,076
CAMPBELL COUNTY HEALTH COUNCIL JACKSBORO, TN	COMMUNITY HEALTH	$10,000
CAMPBELL COUNTY RURAL FIRE SERVICE LAFOLLETTE, TN	FIRE PROTECTION FOR CAMPBELL COUNTY	$36,450
CAMPBELL COUNTY SENIOR CITIZENS LAFOLLETTE, TN	HOME DELIVERED MEALS FOR ELIGIBLE SENIORS	$69,977
CATHOLIC CHARITIES OF EAST TENNESSEE KNOXVILLE, TN	PREGNANCY HELP CENTER	$23,000
CITY OF LAFOLLETTE FIRE DEPARTMENT LAFOLLETTE, TN	FIRE PROTECTION FOR THE CITY OF LAFOLLETTE	$71,476
COMMUNITY HEALTH OF EAST TENNESSEE JACKSBORO, TN	PATIENT CARE PROGRAM	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STACEY WOOD-HEATHERLY	PRESIDENT	1	—
MICHAEL E WALDEN	TREASURER	1	—
DR RICHARD BURDEAUX	DIRECTOR	1	—
WAYNE KITTS	DIRECTOR	1	—
JIM FARRIS JR	DIRECTOR	1	—
DEBRA A NELSON	DIRECTOR	1	—
TRACI CHAMBERS	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lafollette Medical Foundation Inc?

Lafollette Medical Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSBORO, TN. It holds $9.9M in total assets as of 2024.

How large is Lafollette Medical Foundation Inc?

As of 2024, Lafollette Medical Foundation Inc holds $9.9M in total assets with $555K in annual revenue. It awarded 16 grants totaling $563K in 2024.

Where does Lafollette Medical Foundation Inc operate?

Lafollette Medical Foundation Inc has awarded grants in Tennessee.

What size grants does Lafollette Medical Foundation Inc award?

In 2024, Lafollette Medical Foundation Inc awarded 16 grants totaling $563K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is Lafollette Medical Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lafollette Medical Foundation Inc reported a distributable amount of $516K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lafollette Medical Foundation Inc's EIN?

Lafollette Medical Foundation Inc's EIN (Employer Identification Number) is 20-4901729. IRS Form 990 filing data is available on this page for 2020–2024.