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Form 990-PFTax year 2024EIN 62-1614800

Eastman Foundation

A private foundation in Kingsport, TN. Its return for tax year 2024 lists 6 grants and $329,885 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Paula Bulcao
PO Box 431
Kingsport, TN 37662
(423) 229-2000
Form and materials
Grant application, a copy of their 501(c)(3) tax exempt letter, and an invoice
Deadlines
July 31st of the previous year
Restrictions
Foundation is moving away from an application submission process, instead purposefully identifying potential award/grant recipients tied to achievement of one or more of the pillars which make up foundation's strategic plan. Contributions may be made to fraternal, social, religious or national health organizations only if the subject organization is for the benefit of community members who are not members of such organization (e.g., while the salvation army is a church, it serves all community members in need, regardless of religious affiliation.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $329,885

    Grants listed
    6
    Assets, end of year
    $1,828,860

  • Tax year 2023

    $718,650

    Grants listed
    6
    Assets, end of year
    $2,173,480

  • Tax year 2022

    $773,363

    Grants listed
    33
    Assets, end of year
    $2,887,662

  • Tax year 2021

    $1,936,977

    Grants listed
    141
    Assets, end of year
    $1,967,401

  • Tax year 2020

    $1,801,059

    Grants listed
    151
    Assets, end of year
    $2,087,303

  • Tax year 2019

    $1,698,448

    Grants listed
    138
    Assets, end of year
    $3,979,226

  • Tax year 2018

    $3,713,281

    Grants listed
    183
    Assets, end of year
    $2,904,884

Grants paid in 2024

6 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Fossi/hbcu scholarship program

    $120,000
  2. First Tennessee Development District Foundation for Region AheadJohnson City, TN

    Hurricane helene relief

    $100,000
  3. United Way of Southwest VirginiaAbingdon, VA

    Hurricane helene relief

    $100,000
  4. EtsuJohnson City, TN

    Mountain mission scholarship

    $7,500
  5. Milligan UniversityMilligan, TN

    Mountain mission scholarship

    $1,750
  6. National Merit Scholarship CorporationChicago, IL

    National merit scholarship support

    $635

Approved for future payment

1 grant

Approved in 2024 and not yet paid.

  1. Individual

    Fossi/hbcu scholarship program

    $360,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $1,750100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Tennessee3 grants $109,250
  2. Virginia1 grant $100,000
  3. Illinois1 grant $635

Officers, directors and trustees

8 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Kristi BennettFORMER CORPORATE SECRETARY Hours 0.25Pay $0
  • Paula BulcaoEXECUTIVE DIRECTOR Hours 15Pay $0
  • Kellye WalkerDIRECTOR Hours 0.25Pay $0
  • Willie McLainDIRECTOR & PRESIDENT Hours 0.25Pay $0
  • Steve G CrawfordDIRECTOR Hours 0.25Pay $0
  • Gregory A RiddleDIRECTOR Hours 0.25Pay $0
  • Michelle CavenessDIRECTOR Hours 0.25Pay $0
  • Laura DurbinCORPORATE SECRETARY AS OF 12/17/24 Hours 0.25Pay $0

The return

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