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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
234 grants across all recorded years
Open Grants
1 open opportunity from The Aslan Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDSAY Y MCDONOUGH | TREASURER | — | — |
| MARK K WILLIAMS | SECRETARY | — | — |
| ROBERT S YOUNG | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
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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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