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Promethean Foundation

Profile

Last Updated: 2016-03-08

At A Glance

Promethean Foundation

206 E. Reelfoot Ave., Ste. 23

Union City, TN United States 38261-5739

Telephone: (731) 884-0088

URL: www.unioncityrotary.org/serviceProjects/prome...

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $192,078

Total giving: $1,495,937

EIN

201690784

BRIDGE Number

4271275127

Additional Contact Information

Application address: c/o Cathy Waggoner, 115 W. Main St., Union City, TN 38261-3223

Background

Established in 2004 in TN

Purpose and Activities

The foundation provides scholarships for qualifying day care to newborns throughout school age, with the requirement that their progress be monitored throughout their school years. The applicants must live in Obion County, Tennessee, and scholarships are only paid to day cares which are approved and monitored by the foundation. The qualifying daycare facility must meet the moral, social, and educational values that the foundation feels are necessary to provide an excellent background for a successful life.

Fields of Interest

Subjects
  • Child care

Financial Data

Year ended 2013-12-31

Assets: $192,078 (market value)

Gifts received: $1,722,760

Expenditures: $1,682,190

Total giving: $1,495,937

Qualifying distributions: $1,676,714

Giving activities include:

$1,495,937 for 9 grants (high: $271,569; low: $6,570)