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The Aslan Foundation

KNOXVILLE, TN EIN: 62-1520208 Website

The Aslan Foundation is a private grantmaking foundation based in Knoxville, Tennessee, established in 1994. The foundation operates as a 501(c)(3) organization and has been tax-exempt since January 2020. It supports the greater Knoxville community through three primary charitable initiatives: grantmaking to nonprofit organizations, public-private partnerships with the City of Knoxville, and direct funding of foundation-owned projects.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$122.0M

+4.4% YoY

Annual Giving

$918K

-17.8% YoY

Grant Count

58

-34.8% YoY

Avg Grant Size

$16K

+26.1% YoY

Under IRS private-foundation payout rules, The Aslan Foundation reported a distributable amount of $3.8M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Aslan Foundation embraces the mission of preserving beauty, advancing livability, and supporting cultural assets in Knoxville, Tennessee.

Primary funding priorities include:

  • Arts and culture
  • Animal welfare
  • Land conservation
  • Historic preservation
  • Parks and recreational facilities
  • Child and family welfare
  • Health care
  • Literacy programs
  • Environmental preservation

Grantmaking

The Aslan Foundation supports 501(c)(3) organizations serving the greater Knoxville area.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and initiatives in the greater Knoxville, Tennessee area, though its grantmaking has extended to organizations in New York and California.

Grant Distribution by State

28states
+20 more states

Cities

AltadenaAnn ArborAstoriaAtlantaAustinBaltimoreBellinghamBoulderBrentwoodBronxBrooklynCambridgeCarlisleCharlotteCharlottesvilleChicagoColumbiaColumbusCorrytonCovelo

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $116,855,580 to $117,000,000
  • Total Revenue: $2,626,302
  • Total Expenses: $4,484,806
  • Total Liabilities: $1,700,000

As of 2024:

  • Total Assets: $121,969,079
  • Total Giving: $917,911
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$10M$13M20202021202220232024
Metric202420232022
Total Assets$121,969,079$116,855,580$108,126,568
Revenue$2,724,142$2,626,302$4,018,676
Expenses$4,832,385$4,484,806$4,119,313
Qualifying Distributions$9,695,253$7,817,049$6,701,434
Net Investment Income$2,456,836$1,581,350$3,479,347
Distributable Amount$3,767,734$3,572,404$3,684,413

Giving Over Time

Total grant dollars and number of grants per year

$0$331K$661K$992K$1M34 grants202053 grants202162 grants202289 grants202358 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

YOUNG-WILLIAMS CENTER$275KBIG EARS FESTIVAL$229KTRI-STAR ARTS$80KKNOXVILLE SYMPHONY ORCHE…$38KKNOXVILLE MUSEUM OF ART$35KBOYS AND GIRLS CLUB OF T…$25KBIG EARS FESTIVAL$21KA STEP AHEAD$20KIJAMS NATURE CENTER$20KAPPALACHIAN MOUNTAIN BIK…$16K

Grant Size Distribution

234 grants across all recorded years

209<$50K16$50–100K3$100–250K6$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from The Aslan Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Young-williams Center ($275,000), Big Ears Festival ($229,167), Tri-star Arts ($80,000).

RecipientPurposeAmount
JENNIFER LAY SHYU BROOKLYN, NYARTIST GRANT - 2023$1,700
MANDY ANNETTE CANO VILLALOBOS GRAND RAPIDS, MIARTIST GRANT - 2023$1,700
NAVA DUNKELMAN BROOKLYN, NYARTIST GRANT - 2023$1,700
ROBERT HUTCHISON SEATTLE, WAARTIST GRANT - 2023$1,700
ADRIENNE MACKEY SEATTLE, WAARTIST GRANT - 2024$1,700
AMY BOONE-MCCREESH BALTIMORE, MDARTIST GRANT - 2024$4,979
ANDREW SCHNEIDER BROOKLYN, NYARTIST GRANT - 2024$3,036
BARRY GABRIEL MARTINEZ HOUSTON, TXARTIST GRANT - 2024$3,400
CAMERON P DOWNEY MINNEAPOLIS, MNARTIST GRANT - 2024$3,157
CATHERINE GALASSO BROOKLYN, NYARTIST GRANT - 2024$3,279

Leadership & Key People

Leadership team and compensation from IRS filings

The Aslan Foundation was established by Lindsay Young in 1994. The foundation was guided by Lindsay Young, his twin brother Robert Young, and Robert's wife Rachael Young. All three were devoted to animal welfare and shared interests in preserving beauty and supporting cultural assets in Knoxville.

The foundation currently employs 7 staff members.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LINDSAY Y MCDONOUGHTREASURER
MARK K WILLIAMSSECRETARY
ROBERT S YOUNGPRESIDENT

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Aslan Foundation fund?

The Aslan Foundation embraces the mission of preserving beauty, advancing livability, and supporting cultural assets in Knoxville, Tennessee. **Primary funding priorities include:** • Arts and culture • Animal welfare • Land conservation • Historic preservation • Parks and recreational facilities • Child and family welfare • Health care • Literacy programs • Environmental preservation

How do I apply for a grant from The Aslan Foundation?

The Aslan Foundation supports 501(c)(3) organizations serving the greater Knoxville area. **Grant Activity:** • Typical grant awards range from $1 to $325,000 • In 2023, the foundation made grants totaling approximately $743,971 across 35+ grants • Recent notable grants include: • Big Ears Festival: $250,000 (2023) • Tri-Star Arts: $80,000 (2023) • Knoxville Museum of Art: $75,000 (2023) **Foundation-Managed Projects:** The foundation funds and manages projects on its own properties to serve th…

Where does The Aslan Foundation make grants?

The foundation primarily funds organizations and initiatives in the greater Knoxville, Tennessee area, though its grantmaking has extended to organizations in New York and California.

What size grants does The Aslan Foundation award?

In 2024, The Aslan Foundation awarded 58 grants totaling $918K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is The Aslan Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Aslan Foundation reported a distributable amount of $3.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Aslan Foundation's EIN?

The Aslan Foundation's EIN (Employer Identification Number) is 62-1520208. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Aslan Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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