Private foundation (trust)EIN 626040782Est. 1959-05

HAMICO INC

CHATTANOOGA, TN 37402

Total Assets

$49.7M

FY 2024

Annual Giving

$1.8M

FY 2024

Grants Made

51

FY 2024

Avg Grant

$36K

FY 2024

Grant Range

$264–$315K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$4.3M

Total Expenses

$4.0M

Qualifying Distributions

$2.3M

Distributable Amount

$2.3M

Min. Investment Return

$2.4M

Undistributed Income

$226K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

51 grants

Grant sizes from minimum $264 through median $10K to maximum $315K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $2.1M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

203 grants

BAYLOR SCHOOL
$1.2M
7 grants
COMMUNITY FOUNDATION
$940K
2 grants
UNITED WAY OF GREATER CHATTANOOGA
$665K
6 grants
CHI MEMORIAL FOUNDATION
$373K
4 grants
CHATTANOOGA CHRISTIAN SCHOOL
$334K
2 grants
ON POINT
$268K
3 grants
UC FOUNDATION
$267K
2 grants
MEMORIAL HEALTHCARE SYSTEM FOUNDATION
$250K
1 grant

Grant Size Distribution

203 grants

<$10K
102
grants
$10–50K
65
grants
$50–250K
30
grants
$250K–1M
6
grants
$1–5M
$5M+

Geographic Focus

6 states

Tennessee
$7.4M
95% of total
District of Columbia
$200K
3% of total
Georgia
$106K
1% of total
South Carolina
$50K
1% of total
Texas
$3K
0% of total
Utah
$2K
0% of total

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HAMICO INC — Grants, Financials & Contact | Grantivo