Lift Foundation Inc
Preselected recipients only
Lift Foundation Inc is a private foundation in Knoxville, Tennessee. In tax year 2025 it gave $15,173 in 10 grants; the typical grant was $1,000 and the largest $8,615. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$15,173
- Number of grants10
- Typical grant$1,000
- Largest grant$8,615
- Assets$243,472
- New grantees50%
Giving in 2025 was down from $28,638 the year before.
50% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $5,350 | 7 | $243,587 |
| 2024 | $28,638 | 14 | $227,801 |
| 2025 | $15,173 | 10 | $243,472 |
How to apply
Lift Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Lift Foundation Inc funds
Where it gives
Its grants went to recipients in 3 states, the most to Tennessee.
| State | Grants | Amount |
|---|---|---|
| Tennessee | 8 | $13,923 |
| North Carolina | 1 | $1,000 |
| Georgia | 1 | $250 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Lift Foundation Donor Advised Fund | Contribution to donor advised fund | $8,615 |
| First Baptist Church Concord | Contribution to general fund | $1,423 |
| Scott Hamilton Cares Foundation | Contribution to general fund | $1,100 |
| Brother's Keeper | Contribution to general fund | $1,000 |
| Emmaus Community | Contribution to general fund | $1,000 |
| Samaritan's Purse | Contribution to general fund | $1,000 |
| Heritage Baptist Church | Contribution to general fund | $500 |
| Emerald Youth Foundation | Contribution to general fund | $250 |
| Berachah Bible Church | Contribution to general fund | $250 |
| Tennessee Sheriff's Association | Contribution to general fund | $35 |
Officers and trustees
- Penny Sherwood
- Larry Sherwood
- Stacey Hall
- Steve Sherwood
- Pam Sherwood
- Jeff Hall
Questions people ask
Does Lift Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Lift Foundation Inc give?
$15,173 in tax year 2025, across 10 grants, with a typical grant of $1,000.
Who runs Lift Foundation Inc?
Its 2025 filing lists Penny Sherwood (President), Larry Sherwood (Director), Stacey Hall (Director) and Steve Sherwood (Director) among 6 officers and trustees.
What does Lift Foundation Inc fund?
Based on its grants, mainly faith communities.