Nonprofit · EIN 47-2695560
TED AND DRAMA RUSSELL FAMILY FOUNDATION
Tax-exempt · KNOXVILLE, TN 37902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,371,384 | $548,073 | $5,823,311 | $107,535,909 | $0 | $107,535,909 |
| December 31, 2023 | 990 | $4,226,888 | $4,252,155 | -$25,267 | $93,540,465 | $0 | $93,540,465 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $6,371,384
- Net gain from sales of assets
- $3,835,417
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $25,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,000
- Program services (functional)
- $25,000
- Management and general (functional)
- $523,073
Balance sheet and other
- Total assets, start of year
- $93,540,465
- Total assets, end of year
- $107,535,909
- Total liabilities, end of year
- $0
- Net assets, end of year
- $107,535,909
- Publicly traded securities
- $104,394,156
- Net assets without donor restrictions
- $107,535,909
- Gross receipts
- $38,688,016
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2014
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM COGDILL | INDEPENDENT Trustee or director | 0.2 | $0 |
| DAVID R HAYNES | INDEPENDENT Trustee or director | 0.2 | $0 |
| SCOTT LOWE | INDEPENDENT Trustee or director | 0.2 | $0 |
| CHARLES PECCOLO | INDEPENDENT Trustee or director | 0.2 | $0 |
| DRAMA RUSSELL | FAMILY TRUST Trustee or director | 2 | $0 |
| THEODORE W RUSSELL | FAMILY TRUST Trustee or director | 2 | $0 |
| ANTHONY TUK | INDEPENDENT Trustee or director | 0.2 | $0 |
| ASHLEY VARNEDOE | FAMILY TRUST Trustee or director | 2 | $0 |
| DAWN RUSSELL VARNEDOE | CHAIR, FAM. Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM COGDILL | INDEPENDENT Trustee or director | 0.2 | $0 |
| DAVID R HAYNES | INDEPENDENT Trustee or director | 0.2 | $0 |
| SCOTT LOWE | INDEPENDENT Trustee or director | 0.2 | $0 |
| CHARLES PECCOLO | INDEPENDENT Trustee or director | 0.2 | $0 |
| DRAMA RUSSELL | FAMILY TRUST Trustee or director | 2 | $0 |
| THEODORE W RUSSELL | FAMILY TRUST Trustee or director | 2 | $0 |
| ANTHONY TUK | INDEPENDENT Trustee or director | 0.2 | $0 |
| ASHLEY VARNEDOE | FAMILY TRUST Trustee or director | 2 | $0 |
| DAWN RUSSELL VARNEDOE | CHAIR, FAM. Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 520 W SUMMIT HILL DR STE 1101, KNOXVILLE, TN 37902-2012
- In care of
- % EAST TN FOUNDATION
- Principal officer (990 for 2024)
- DAWN RUSSELL VARNEDOE, 520 W SUMMIT HILL DR SUITE 1101, KNOXVILLE, TN 37902
- Signed the 990
- DAWN RUSSELL VARNEDOE, CHAIR, FAM. TRUSTEE
- Phone
- (865) 524-1223
- Return prepared by
- BROWN JAKE & MCDANIEL PC
Mission
TO CARRY OUT CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES OF THE SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION
Program accomplishments
- PROVIDE SUPPORT TO SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION.Expenses $25,000 · grants $25,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2695560
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $107,535,909
- Income (IRS master file)
- $38,688,016
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,371,384 | $548,073 | $107,535,909 | XML |
| 990 | December 2023 | $4,226,888 | $4,252,155 | $93,540,465 | XML |
| 990 | December 2022 | $7,092,622 | $458,123 | $85,601,132 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2695560).
Questions about TED AND DRAMA RUSSELL FAMILY FOUNDATION
- What is the EIN of TED AND DRAMA RUSSELL FAMILY FOUNDATION?
- The employer identification number (EIN) of TED AND DRAMA RUSSELL FAMILY FOUNDATION is 47-2695560.
- Is TED AND DRAMA RUSSELL FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to TED AND DRAMA RUSSELL FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does TED AND DRAMA RUSSELL FAMILY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TED AND DRAMA RUSSELL FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TED AND DRAMA RUSSELL FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TED AND DRAMA RUSSELL FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 names DAWN RUSSELL VARNEDOE.
- Who are the officers and directors of TED AND DRAMA RUSSELL FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does TED AND DRAMA RUSSELL FAMILY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,371,384, expenses of $548,073 and total assets of $107,535,909 at year end.
Other nonprofits in KNOXVILLE
- THE HASLAM 3 FOUNDATION INC EIN 62-1867421 · last filed 990-PF for 2024
- BILL AND CRISSY HASLAM FOUNDATION EIN 62-1867423 · last filed 990-PF for 2024
- EAST TENNESSEE FOUNDATION EIN 62-0807696 · last filed 990 for 2024
- BAILEY FAMILY FOUNDATION EIN 62-1867424 · last filed 990-PF for 2024
- W&H FOUNDATION EIN 93-4887393 · last filed 990-PF for 2024
- NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC EIN 46-4299583 · last filed 990 for 2024
- HASLAM FAMILY FOUNDATION INC EIN 62-1692007 · last filed 990-PF for 2024
- COLQUITT FOUNDATION EIN 92-2349959 · last filed 990-PF for 2024
All nonprofits in KNOXVILLE · Tennessee · Philanthropy, voluntarism and grantmaking foundations