Endowment

EAST TENNESSEE FOUNDATION (ETF)

East Tennessee Foundation (ETF) is a 501(c)(3) public charity and community foundation created by and for the people of East Tennessee, where many donors join together to make the region they love a better place, today and for future generations. ETF, like other community foundations, operates as a collection of hundreds of distinct charitable funds and supporting foundations established by individuals, families, businesses, and other nonprofits. ETF is governed by a volunteer board of directors composed of leaders from throughout the region and managed by a professional staff. Under the watchful eye of the board and staff, assets are invested and grants are made.

A community foundation is a tax-exempt, publicly supported philanthropic institution composed primarily of permanent funds established by many separate donors who have concern for a specific geographic area.

Blount Mansion Centennial Endowment Fund

The Blount Mansion Centennial Endowment Fund, an organization endowment fund with East Tennessee Foundation (ETF), is a permanent fund established by Blount Mansion for its own benefit: annual grants from the fund are made only to Blount Mansion.

ETF is a stewardship partner for our Blount Mansion Centennial Endowment Fund and focused on its long-term sustainability. Their investment priority is principal preservation while maintaining pace with inflation. ETF strives to maintain the real (e.g. inflation adjusted) value of the principal, so that it remains a perpetual source of income. For further details, please ask to see ETF’s Power of Endowment brochure.

ETF’S team is available to assist with questions regarding bequests or planned gifts and are fully equipped to liquidate assets to produce investable cash.