The University of Tennessee Foundation Inc logo

The University of Tennessee Foundation Inc

Public charity · Grantmaker Knoxville, TN EIN: 62-1844686 Website

The foundation enriches the lives of the students, faculty, staff, alumni and friends of the university of Tennessee through alumni engagement, financial stewardship and private gift support.

Key facts about The University of Tennessee Foundation Inc

In short: The University of Tennessee Foundation Inc gave $134.8M across 1 grant in 2025 (avg $134.8M), mostly in Tennessee. Source: 2025 IRS Form 990.

EIN
62-1844686
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$134,759,795
Grants made (2025)
1
Average grant
$134,759,795
Median grant
$134,759,795
Total assets
$1,256,434,835
Primary geography
Tennessee (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.3B

+24.2% YoY

Annual Giving

$134.8M

+40.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$134.8M

+40.5% YoY

How The University of Tennessee Foundation Inc gives

  • Giving grew 161% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About The University of Tennessee Foundation Inc

Based on IRS filings

The University of Tennessee Foundation Inc is a public charity focused on Education, based in Knoxville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3B in total assets. In 2025, it awarded 1 grant totaling $134.8M. Net investment income was $32.8M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Knoxville

Giving Over Time

Total grant dollars and number of grants per year

$0$50M$100M$150M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $37.3M (2021) to $134.8M (2025). In 2025 it made 1 grant totaling $134.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The University of Tennessee: $134.8MThe University of Tennessee$134.8M

The largest 2025 recipient was The University of Tennessee ($134.8M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The University of Tennessee Knoxville, TNEducational$134,759,795

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100M$200M$300M$400M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,256,434,835$1,011,600,489$879,180,812
Revenue$344,836,967$315,326,525$211,789,117
Expenses$228,700,925$199,164,553$159,866,782
Net Investment Income$32,822,461$31,242,945$29,563,424

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS April 29, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

The University of Tennessee Foundation Inc is led by Kerry W. Witcher, President on every filing since 2020; 14 of 34 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Kerry W. Witcher

    President

    On filings since 2020

    40 hrs/week

    $221K (2020) → $407K (2025)

  • Alan D. Wilson

    Chair

    Director → Vice Chair, 2022

    Vice Chair → Chair, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Randal D. Boyd

    Director

    University P → Director, 2021

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Isaac Bennett

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Judith Herbert

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Renee Iacona

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Richard Warren

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Emily C. Love

    Director

    On filings since 2022

    1.5 hrs/week

    No compensation reported

  • Karen Bowling

    Director

    On filings since 2022

    1.5 hrs/week

    No compensation reported

  • C. Douglas Haney

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • K. Jeannie Beauchamp

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Deborah A. Ingram

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Douglas A. Brown

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • J. Phenise Poole

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Brian Winbigler

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • David Watson

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Misty Mayes

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Adam Heller

    Treasurer

    On filings since 2020

    40 hrs/week

    $41K (2020) → $281K (2025)

  • Bethany K. Goolsby

    Development

    On filings since 2020

    40 hrs/week

    $236K (2020) → $291K (2025)

  • Rachael R. Leblanc

    Secretary

    On filings since 2020

    40 hrs/week

    $63K (2020) → $83K (2025)

  • Woodrow M. Henderson

    Development

    On filings since 2020

    40 hrs/week

    $294K (2020) → $357K (2025)

  • Brian Broyles

    Development

    On filings since 2021

    40 hrs/week

    $130K (2021) → $478K (2025)

  • Charles Deal

    Development

    On filings since 2021

    40 hrs/week

    $165K (2021) → $301K (2025)

  • Duane Wiles

    Development

    On filings since 2021

    40 hrs/week

    $247K (2021) → $281K (2025)

  • Brady Hart

    Development

    On filings since 2023

    40 hrs/week

    $194K (2023) → $259K (2025)

  • Brigitte Grant

    Development

    On filings since 2024

    40 hrs/week

    $248K (2024) → $360K (2025)

  • Joseph Scogin

    Development

    On filings since 2024

    40 hrs/week

    $286K (2024) → $311K (2025)

  • Even Beech

    Development

    New on the 2025 filing

    40 hrs/week

    $186K (2025)

  • Jeanna Curtis-Swafford

    Development

    New on the 2025 filing

    40 hrs/week

    $188K (2025)

  • Patrick Williams

    Development

    New on the 2025 filing

    40 hrs/week

    $320K (2025)

  • Ronald E. Frieson

    Past Chair

    Vice Chair → Chair, 2022

    Chair → Past Chair, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Arthur L. Sparks Jr.

    Vice Chair

    Director → Vice Chair, 2025

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Yancy Freeman

    Chancellor

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Linda Martin

    Chancellor

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

Former officers (58)
  • Former: A. Erick Weber (2020–2024) — Development
  • Former: Andrew Thomas Sheehy (2020–2024) — Development
  • Former: Chandra Tuggle (2020–2024) — Development
  • Former: Charles A. Wagner III (2020–2024) — Director
  • Former: Gregory R. Harris (2020–2024) — Development
  • Former: James F. Obear (2020–2024) — Development
  • Former: Michael O. Carter (2020–2024) — Development
  • Former: Philip A. Wenk (2020–2024) — Past Chair
  • Former: Statler S. Reagan (2020–2024) — Development
  • Former: Stephen H. Catlett (2020–2024) — Development
  • Former: Timothy P. Lanier (2020–2024) — Development
  • Former: Michael McCay (2022–2024) — Development
  • Former: Peter F. Buckley (2022–2024) — Chancellor
  • Former: Elizabeth Weatherly (2023–2024) — Development
  • Former: Matthew Kommer (2023–2024) — Development
  • Former: Paul Clark (2023–2024) — Development
  • Former: Andrea Piercy (2024) — Development
  • Former: Elaine Eberhart (2024) — Development
  • Former: Jessica Lawrence (2024) — Development
  • Former: Lee Ann Adams (2024) — Director
  • Former: Mark Geller (2024) — Development
  • Former: Michelle Geller (2024) — Development
  • Former: Shanea A. McKinney (2024) — Director
  • Former: Thomas Beech (2024) — Development
  • Former: Winford Hudson (2024) — Development
  • Former: Benjamin West (2020–2023) — Development
  • Former: Brian D. Shupe (2020–2023) — Development
  • Former: Christopher B. Bollinger (2020–2023) — Director
  • Former: Hans N. Airee (2020–2023) — Director
  • Former: Kathy W. Ledbetter (2020–2023) — Director
  • Former: Kimberly W. Cross (2020–2023) — Director
  • Former: Kurt J. Gulbrand (2020–2023) — Development
  • Former: Phillip A. Clendenin (2020–2023) — Director
  • Former: Robert F. Decosimo (2020–2023) — Director
  • Former: William R. Bryant Jr. (2020–2023) — Development
  • Former: Debbie Ingram (2021–2023) — Director
  • Former: Jamie Woodson (2021–2023) — Director
  • Former: Steven Angle (2022–2023) — Director
  • Former: Keith D. Barber (2020–2022) — Development
  • Former: Love Collins III (2020–2022) — Development
  • Former: Doug Haney (2022) — Director
  • Former: Jeannie Beauchamp (2022) — Director
  • Former: Alexis G. Bogo (2020–2021) — Director
  • Former: Donde A. Plowman (2020–2021) — Director
  • Former: Gregory E. Cox (2020–2021) — Director
  • Former: Mark La Branche (2021) — Director
  • Former: Tim Tucker (2021) — Director
  • Former: Andrew Wilson (2020) — Development
  • Former: Betty Ann Tanner (2020) — Director
  • Former: J. Ron Maples (2020) — Former Treasurer
  • Former: Jada Williams (2020) — Development
  • Former: James L. Herbert Jr. (2020) — Director
  • Former: John D. Staley III (2020) — Director & Uta
  • Former: Leland D. Patouillet (2020) — Development
  • Former: Lisa N. Taylor (2020) — Former Treasurer
  • Former: Michael K. Littlejohn (2020) — Chair
  • Former: Robert M. Gibson (2020) — Development
  • Former: Tim L. Cross (2020) — Executive Vice Ch

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Brian Broyles — Development: $478KBrian BroylesDevelopment$478KKerry W Witcher — President &: $407KKerry W WitcherPresident &$407KBrigitte Grant — Development: $360KBrigitte GrantDevelopment$360KWoodrow M Henderson — Development: $357KWoodrow M HendersonDevelopment$357KPatrick Williams — Development: $320KPatrick WilliamsDevelopment$320KJoseph Scogin — Development: $311KJoseph ScoginDevelopment$311KCharles Deal — Development: $301KCharles DealDevelopment$301KBethany K Goolsby — Development: $291KBethany K GoolsbyDevelopment$291KAdam Heller — Treasurer &: $281KAdam HellerTreasurer &$281KDuane Wiles — Development: $281KDuane WilesDevelopment$281KBrady Hart — Development: $259KBrady HartDevelopment$259KJeanna Curtis-Swafford — Development: $188KJeanna Curtis-SwaffordDevelopment$188KEven Beech — Development: $186KEven BeechDevelopment$186KRachael R Leblanc — Secretary: $83KRachael R LeblancSecretary$83K

The highest reported compensation on the 2025 filing was $478K, to Brian Broyles (Development). 14 officers or directors reported compensation on that filing.

Frequently asked questions about The University of Tennessee Foundation Inc

How much does The University of Tennessee Foundation Inc give each year?

The University of Tennessee Foundation Inc gave $134.8M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $95.9M across 1 grant.

How large is The University of Tennessee Foundation Inc?

The University of Tennessee Foundation Inc reported $1.3B in total assets on its 2025 IRS Form 990. Its revenue that year was $344.8M.

What is The University of Tennessee Foundation Inc?

The University of Tennessee Foundation Inc is a public charity focused on Education, based in Knoxville, TN. It holds $1.3B in total assets as of 2025.

Where does The University of Tennessee Foundation Inc operate?

The University of Tennessee Foundation Inc has awarded grants in Tennessee.

What is The University of Tennessee Foundation Inc's EIN?

The University of Tennessee Foundation Inc's EIN (Employer Identification Number) is 62-1844686. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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