Stowers Machinery Foundation Inc. is a private foundation based in Knoxville, Tennessee. The foundation was established in 2020 and operates as a 501(c)(3) tax-exempt organization. It is supported by Harry W. Stowers, Jr., who serves as President of the foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$807K
+115.6% YoY
Annual Giving
$1.6M
-28.9% YoY
Grant Count
148
-29.2% YoY
Avg Grant Size
$11K
+0.4% YoY
Mission & Focus Areas
The foundation's grantmaking focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Tennessee, Georgia, and Kentucky, with a notable concentration in the Knoxville area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $806,606
- Total revenues: $2,372,312
- Total expenses: $1,593,731
- Total grants, contributions, etc.: $2,013,553
As of December 2023:
- Total grants, contributions, etc.: $2,155,325
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $806,606 | $374,090 | $422,228 |
| Revenue | $2,372,312 | $2,682,835 | $1,311,468 |
| Expenses | $1,593,731 | $2,232,677 | $969,361 |
| Qualifying Distributions | $1,573,349 | $2,212,344 | $955,561 |
| Net Investment Income | $358,759 | $527,510 | $314,687 |
| Distributable Amount | $26,809 | $27,262 | $5,508 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Harry W. Stowers Jr. – President (2 hours/week, no compensation)
- Elizabeth Shallow Stowers – Secretary (0.25 hours/week, no compensation)
- Lisa Stowers Rottmann – Board Member (0.5 hours/week, no compensation)
- Rachel Stowers Kinney – Board Member (0.25 hours/week, no compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARRY W STOWERS JR | PRESIDENT | 2 | — |
| ELIZABETH SHALLOW STOWERS | SECRETARY | 0.25 | — |
| LISA STOWERS ROTTMANN | BOARD MEMBER | 0.5 | — |
| RACHEL STOWERS KINNEY | BOARD MEMBER | 0.25 | — |
Recent News & Activity
Recent developments and announcements
In 2024, the Stowers Machinery Foundation donated $100,000 to support Roane State Community College's new Knox Regional Health Science Education Center in West Knoxville. The 130,000-square-foot facility, located at 9575 Sherrill Boulevard across from Parkwest Medical Center, was under construction with an expected opening in fall 2025. The center will house health science programs from both Roane State and the Tennessee College of Applied Technology (TCAT) Knoxville, and is projected to educate more than 8,000 students annually. Programs offered will include nursing, EMS, polysomnography, respiratory therapy, and planned additions of cardiovascular technology, healthcare administration, and public health.
Stowers Machinery Foundation donates $100,000 to support Roane State\u2019\Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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