Seven Islands Foundation Inc

Knoxville, TN
Tax-exempt since Jan. 2000
EIN: 62-1777455

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Environmental Quality, Protection and Beautification / Natural Resources Conservation and Protection (NTEE)

Donations to this organization are tax deductible.

Revenue

$95.5k (2024)

Expenses

$96.8k (2024)

Total Assets

$3.45M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$95,521

Expenses

$96,757

Net Income

-$1,236

Net Assets

$3,448,325

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500	0.5%
Interest Revenue	$4,191	4.4%
Dividends	$27,631	28.9%
Sales of Assets	$63,199	66.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$89,163	92.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,448,325
Total Liabilities	$0
Net Assets	$3,448,325

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Gregory Hall Jr (Advisory Board Member)	$0	$0
Tiffany Solomon (Secretary)	$0	$0

990-PF

Filed on May 15, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$48,156

Expenses

$48,806

Net Income

-$650

Net Assets

$3,424,031

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$250	0.5%
Interest Revenue	$2,954	6.1%
Dividends	$26,243	54.5%
Sales of Assets	$18,709	38.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$42,049	86.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,424,031
Total Liabilities	$0
Net Assets	$3,424,031

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Greg Hall (Advisory Board Member)	$0	$0
Benjamin F Mcmurry Iv (Treasurer)	$0	$0
Tiffany Solomon (Secretary)	$0	$0
Mickey Johnson (Advisory Board Member)	$0	$0

+ View more people

990-PF

Filed on June 26, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$84,433

Expenses

$15,673

Net Income

$68,760

Net Assets

$3,288,652

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$25,000	29.6%
Interest Revenue	$446	0.5%
Dividends	$21,472	25.4%
Sales of Assets	$37,515	44.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,689	55.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,288,652
Total Liabilities	$0
Net Assets	$3,288,652

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Doc Claussen (Advisory Board Member)	$0	$0
Benjamin F Mcmurry Iv (Treasurer)	$0	$0
Tiffany Solomon (Secretary)	$0	$0
Mickey Johnson (Advisory Board Member)	$0	$0

+ View more people

990-PF

Filed on June 28, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$66,909

Expenses

$66,504

Net Income

$405

Net Assets

$3,473,853

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$62	0.1%
Dividends	$23,983	35.8%
Sales of Assets	$42,864	64.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$55,696	83.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,473,853
Total Liabilities	$0
Net Assets	$3,473,853

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Doc Claussen (Advisory Board Member)	$0	$0
Benjamin F Mcmurry Iv (Advisory Board Member)	$0	$0
Greg Hall (Treasurer)	$0	$0
Tiffany Solomon (Secretary)	$0	$0
Mickey Johnson (Advisory Board Member)	$0	$0

+ View more people

990-PF

Filed on June 8, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$1,005,048

Expenses

$21,582

Net Income

$983,466

Net Assets

$3,396,687

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,000,000	99.5%
Interest Revenue	$455	0.0%
Dividends	$4,917	0.5%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,426	99.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,396,688
Total Liabilities	$1
Net Assets	$3,396,687

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Doc Claussen (Secretary)	$0	$0
Benjamin F Mcmurry Iv (Treasurer)	$0	$0

990-PF

Filed on Sept. 28, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$107,809

Expenses

$24,746

Net Income

$83,063

Net Assets

$2,392,484

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,000	92.8%
Interest Revenue	$3,238	3.0%
Dividends	$4,571	4.2%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,643	99.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,392,485
Total Liabilities	$1
Net Assets	$2,392,484

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Greg Hall (Secretary)	$0	$0
Benjamin F Mcmurry Iv (Treasurer)	$0	$0

990-PF

Filed on Sept. 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$105,244

Expenses

$24,492

Net Income

$80,752

Net Assets

$2,306,909

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,100	95.1%
Interest Revenue	$397	0.4%
Dividends	$4,747	4.5%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,416	99.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,306,909
Total Liabilities	$0
Net Assets	$2,306,909

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Doc Claussen (Secretary)	$0	$0
Benjamin F Mcmurry Iv (Treasurer)	$0	$0

990-PF

Filed on June 18, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$57,749

Expenses

$16,314

Net Income

$41,435

Net Assets

$2,230,019

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$55,000	95.2%
Interest Revenue	$8	0.0%
Dividends	$3,816	6.6%
Sales of Assets	-$1,075
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,314	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,230,019
Total Liabilities	$0
Net Assets	$2,230,019

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Doc Claussen (Secretary)	$0	$0
Benjamin F Mcmurry Iv (Treasurer)	$0	$0

990-PF

Filed on June 20, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$51,747

Expenses

$17,851

Net Income

$33,896

Net Assets

$2,189,478

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	96.6%
Interest Revenue	$5	0.0%
Dividends	$1,742	3.4%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,851	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,189,478
Total Liabilities	$0
Net Assets	$2,189,478

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Doc Claussen (Secretary)	$0	$0
Benjamin F Mcmurry Iv (Treasurer)	$0	$0
Ginny Rogers (Director)	$0	$0

+ View more people

990-PF

Filed on Sept. 26, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$103,514

Expenses

$65,853

Net Income

$37,661

Net Assets

$2,155,712

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$101,833	98.4%
Interest Revenue	$8	0.0%
Dividends	$1,673	1.6%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,853	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,155,712
Total Liabilities	$0
Net Assets	$2,155,712

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Doc Claussen (Secretary)	$0	$0
Benjamin F Mcmurry Iv (Treasurer)	$0	$0
Ginny Rogers (Director)	$0	$0

+ View more people

990-PF

Filed on May 13, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$71,841

Expenses

$84,054

Net Income

-$12,213

Net Assets

$2,119,823

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$43,467	60.5%
Interest Revenue	$20	0.0%
Dividends	$660	0.9%
Sales of Assets	$27,694	38.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$84,054	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,119,823
Total Liabilities	$0
Net Assets	$2,119,823

Compensation

Key Employees and Officers	Compensation	Other
Karen Claussen Bishop (President)	$0	$0
Doc Claussen (Secretary)	$0	$0
Ginny Rogers (Director)	$0	$0

990-PF

Filed on Aug. 17, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$32,849

Expenses

$132,096

Net Income

-$99,247

Net Assets

$2,132,267

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$32,640	99.4%
Interest Revenue	$209	0.6%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$132,096	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,132,267
Total Liabilities	$0
Net Assets	$2,132,267

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,798

Expenses

$727

Net Income

$1,071

Net Assets

$2,231,514

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,345	74.8%
Interest Revenue	$453	25.2%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$727	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,231,515
Total Liabilities	$1
Net Assets	$2,231,514

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$28,787

Expenses

$30,244

Net Income

-$1,457

Net Assets

$2,230,443

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,695	96.2%
Interest Revenue	$1,092	3.8%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,244	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,230,443
Total Liabilities	$0
Net Assets	$2,230,443

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Seven Islands Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $95.5k (2024)

Expenses $96.8k (2024)

Total Assets $3.45M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$95.5k (2024)

Expenses

$96.8k (2024)

Total Assets

$3.45M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001