Tibbals Foundation

Private foundation · Grantmaker Knoxville, TN EIN: 58-1830372

TIBBALS FOUNDATION is a private foundation based in Knoxville, Tennessee. In 2025, it reported 14 grants totaling $570,595 to charitable organizations in Tennessee, Florida, and Texas.

Key facts about Tibbals Foundation

In short: Tibbals Foundation gave $571K across 14 grants in 2025 (avg $41K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.

EIN
58-1830372
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$570,595
Grants made (2025)
14
Average grant
$40,757
Median grant
$10,000
Total assets
$11,768,511
Primary geography
Tennessee (56% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$11.8M

+1.1% YoY

Annual Giving

$571K

+26.9% YoY

Grant Count

14

+75.0% YoY

Avg Grant Size

$41K

-27.5% YoY

Under IRS private-foundation payout rules, Tibbals Foundation reported a distributable amount of $694K for 2025 — the minimum it must pay out in qualifying distributions.

How Tibbals Foundation gives

  • 50% of 2025 grantees were also funded in 2024. Method
  • Giving grew 12113% from 2022 to 2025. Method
  • In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included support for churches, arts and cultural organizations, healthcare, community services, and education. For example, the Knoxville Museum of Art describes its purpose as promoting public interest, awareness, knowledge, and education in visual arts in East Tennessee. United Way of Greater Knoxville says it unites people and resources to strengthen communities and address systemic issues. Sarasota Memorial Healthcare Foundation describes itself as the philanthropic partner helping Sarasota Memorial Health Care System bring world-class care to its community.

Grantmaking

In 2025, the foundation gave 14 grants totaling $570,595. Grant amounts ranged from $1,000 to $212,345, with a median grant of $10,000. Among the largest grants were $212,345 to National Christian Foundation East Tenne for general funding; $122,000 to First Sarasota for general funding; $68,000 to West Hills Baptist Church for general funding; and $66,250 to Ringling Museum of Art for general support. Other grants included $30,000 to Sarasota Memorial Healthcare Foundation and $25,000 to United Way of Greater Knoxville, both for general funding.

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Geographic Focus

Where this funder awards grants

In 2025, 56% of grant dollars went to recipients in Tennessee, 43% to recipients in Florida, and 1% to recipients in Texas.

Grant Distribution by State

3states

Share of all 14 itemized 2025 grant dollars.

Cities

SarasotaKnoxvilleDenisonJefferson CityLafolletteOneidaSt Petesrburg

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grants20201 grants20211 grants20227 grants20238 grants202414 grants2025

From 2020 to 2025, annual grant giving ranged from $4K (2021) to $571K (2025). In 2025 it made 14 grants totaling $571K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

National Christian Foundation East Tenne: $212KNational Christian FoundationEast Tenne$212KFirst Sarasota: $122KFirst Sarasota$122KWest Hills Baptist Church: $68KWest Hills Baptist Church$68KRingling Museum of Art: $66KRingling Museum of Art$66KSarasota Memorial Healthcare Foundation: $30KSarasota Memorial HealthcareFoundation$30KUnited Way of Greater Knoxville: $25KUnited Way of GreaterKnoxville$25KCircus Ring of Fame Foundation: $10KCircus Ring of Fame Foundation$10KFirst Baptist Church of Lafollette: $10KFirst Baptist Church ofLafollette$10KRingling College of Art and Design: $10KRingling College of Art andDesign$10KDenison Education Foundation: $7KDenison Education Foundation$7K

The largest 2025 recipient was National Christian Foundation East Tenne ($212K). Together the top 10 received $561K.

Grant Size Distribution

31 grants across all recorded years

24<$50K4$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 31 (77%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
National Christian Foundation East Tenne Knoxville, TNGeneral Funding$212,345
First Sarasota Sarasota, FLGeneral Funding$122,000
West Hills Baptist Church Knoxville, TNGeneral Funding$68,000
Ringling Museum of Art Sarasota, FLGeneral Support$66,250
Sarasota Memorial Healthcare Foundation Sarasota, FLGeneral Funding$30,000
United Way of Greater Knoxville Knoxville, TNGeneral Funding$25,000
Circus Ring of Fame Foundation Sarasota, FLGeneral Funding$10,000
First Baptist Church of Lafollette Lafollette, TNGeneral Funding$10,000
Ringling College of Art and Design Sarasota, FLGeneral Funding$10,000
Denison Education Foundation Denison, TXGeneral Funding$7,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $11,768,511 $801,086 $678,229 $570,595 (14 grants)
2024 $11,645,728 $376,493 $548,749 $449,577 (8 grants)
2023 $11,818,017 $369,047 $261,968 $86,723 (7 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M202020212022202320242025
Metric202520242023
Total Assets$11,768,511$11,645,728$11,818,017
Revenue$801,086$376,493$369,047
Expenses$678,229$548,749$261,968
Qualifying Distributions$624,842$497,481$133,069
Net Investment Income$752,285$324,456$314,809
Distributable Amount$694,388$656,564$582,646

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 27, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 24, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Janice Tibbals as president; Sharon Miller Pryse as vice president and treasurer; The Trust Company of Tennessee as trustee; and Joseph P. Congleton as secretary.

Tibbals Foundation is led by Janice Tibbals, President since 2022 (on filings since 2020); 1 of 4 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Janice Tibbals

    President

    Officer → President, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • The Trust Company Of Tennessee

    Trustee

    On filings since 2020

    5 hrs/week

    $549 (2020) → $83K (2025)

  • Joseph P. Congleton

    Secretary

    Director → Secretary, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Sharon Miller Pryse

    Vice President & Treasurer

    Secretary → Vice President & Treasurer, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

Former officers (1)
  • Former: Howard C. Tibbals (2020–2021) — President

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

The Trust Company of Tennessee — Trustee: $83KThe Trust Company of…Trustee$83K

The highest reported compensation on the 2025 filing was $83K, to The Trust Company of Tennessee (Trustee).

Contact

Mailing address: 4823 Old Kingston Pike Suite 100, Knoxville, TN 37919
Phone: (865) 673-3573

Frequently asked questions about Tibbals Foundation

How much does Tibbals Foundation give each year?

Tibbals Foundation gave $571K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $450K across 8 grants.

What is Tibbals Foundation's typical grant size?

Tibbals Foundation's median grant in 2025 was $10,000, and its average grant was $40,757, across 14 grants on its 2025 IRS Form 990-PF.

Where does Tibbals Foundation give grants?

Tibbals Foundation gives mostly in Tennessee: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (43%). The most frequent recipient cities were Sarasota, FL (6 grants) and Knoxville, TN (5 grants).

Does Tibbals Foundation give general operating support?

Yes: 100% of Tibbals Foundation's 2025 grants with a stated purpose (14 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Tibbals Foundation's largest grantees?

Tibbals Foundation's largest 2025 grantees include National Christian Foundation East Tenne ($212,345), First Sarasota ($122,000) and West Hills Baptist Church ($68,000), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.

How large is Tibbals Foundation?

Tibbals Foundation reported $11.8M in total assets on its 2025 IRS Form 990-PF. It paid out $625K in qualifying distributions that year, against a required minimum of $694K (roughly 5% of its investment assets).

What does Tibbals Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants included support for churches, arts and cultural organizations, healthcare, community services, and education. See mission & focus areas ↑

How do I apply for a grant from Tibbals Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Tibbals Foundation's EIN?

Tibbals Foundation's EIN (Employer Identification Number) is 58-1830372. IRS Form 990 filing data is available on this page for 2020–2025.

Does Tibbals Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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