Public Charity

THE SEQUOYAH FUND INC

Based in CHEROKEE, NC, THE SEQUOYAH FUND INC operates as a Public Charity. The organization reported $4.9M in revenue, $1.6M in expenses, $14.7M in total assets for fiscal year 2024. Imperigo tracks 18 reported grant relationships connected to this organization totaling approximately $6.7M.

EIN: 311619784 CHEROKEE, NC Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$4.9M
Total Expenses$1.6M
Total Assets$14.7M
Grant Records18
Funding Total$6.7M
Filing Years2020–2024

Mission

THE ORGANIZATION SERVES ECONOMIC AND SOCIAL IMPROVEMENT OF THE EASTERN BAND OF CHEROKEE INDIANS.

Where $100 goes at The Sequoyah Fund Inc

How The Sequoyah Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$80 Programs the work itself
$20 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $80 for programs

$61
The Sequoyah Fund works to serve economic and social improvement of the eastern band of Cherokee indians
77% of program spending
$19
Kananesgi is an annual event that promotes Cherokee artists and designers
23% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$3,001,000
2024
ECONOMIC DEVELOPMENT
$533,181
2023
CDFI CAPACITY BUILDING PROGRAM GRANTS
$47,000
2022
ECONOMIC DEVELOPMENT
$632,330
2022
ECONOMIC DEVELOPMENT
$20,972

Showing up to 5 of 18 total records — full history available with membership.

Officers & Directors

COO Amber H Huskey
CFO Ashford Smith
BOARD MEMBER Bonnie Claxton
TREASURER Garrett Lane
BOARD MEMBER Julie E Painter
BOARD MEMBER Keyonna Hornbuckle

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$3,661,013 11 grants
Human & Social Services
$3,001,000 1 grant
Training & Professional Development
$47,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.9M $1.6M $14.7M
2023 $2.6M $1.7M $11.5M
2022 $1.0M $1.6M $10.9M
2021 $2.3M $788K $11.9M
2020 $2.5M $1.1M $9.6M

Between 2020 and 2024, reported annual revenue grew from $2.5M to $4.9M (+96%), with total assets most recently reported at $14.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE SEQUOYAH FUND INC

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