EIN 31-1619784

The Sequoyah Fund

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
1998
Most recent tax filings
2023-12-01
Description
The Sequoyah Fund is an organization that serves economic and social improvement of The eastern band of Cherokee Indians. The Sequoyah Fund works to support new business start-ups, business expansion, and overall community development in The seven far western counties of North Carolina.
Total revenues
$2,636,239
2023
Total expenses
$1,747,904
2023
Total assets
$11,495,161
2023
Num. employees
12
2023

Program areas at The Sequoyah Fund

The Sequoyah Fund works to serve economic and social improvement of The eastern band of cherokee indians. The organization supports new business start-ups, business expansion, and overall community development in The seven far western counties of north carolina and on The qualla boundary. The organization also provides business training and technical assistance to business owners through workshops and classes.

Who funds The Sequoyah Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cherokee Preservation FoundationEconomic Development$632,330
Dogwood Health TrustThis Grant Will Support the Expansion of the Center for Native Health's Medical Careers and Technology Pipeline (Medcat), A Year-Round Program That Provides Indigenous Youth in Western North Carolina With Culturally Appropriate Pathway To Matriculate Into Health Professions and Thus Increase the Diversity Amongst Health Care Professionals.$350,000
Cherokee Preservation FoundationEconomic Development$20,972
...and 3 more grants received

Personnel at The Sequoyah Fund

NameTitleCompensation
Russ SeagleExecutive Director$149,416
Amber H HuskeyChief Operating Officer$103,923
Ashford SmithChief Financial Officer$57,808
Dorian WalkingstickAccount MGR.
Emily BreedlovePast Treasurer TH$4,500
...and 10 more key personnel

Financials for The Sequoyah Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,120,444
Program services$533,681
Investment income and dividends$20,275
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-38,571
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$410
Total revenues$2,636,239

Form 990s for The Sequoyah Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-28990View PDF
2022-122023-10-10990View PDF
2021-122022-08-12990View PDF
2020-122021-11-15990View PDF
2019-122020-11-20990View PDF
...and 10 more Form 990s
Data update history
August 31, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 30, 2024
Updated personnel
Identified 2 new personnel
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $350,000 from Dogwood Health Trust
December 1, 2023
Updated personnel
Identified 7 new personnel
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 1200
Cherokee, NC 28719
Metro area
Asheville, NC
County
Jackson County, NC
Website URL
sequoyahfund.org/ 
Phone
(828) 359-5003
IRS details
EIN
31-1619784
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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