NonprofitsChattanooga Chamber Foundation

Public Foundations

Chattanooga Chamber Foundation

CHATTANOOGA, TN

Total revenue

$5.7M

Total expenses

$6.1M

Net assets

$5.7M

Grants received

$6.4M

74 grants

EIN

237032834

Tax year

2023

Mission

To champion our member businesses and promote regional economic growth.

Programs

3 programs

Economic development-purpose is to attract new business and industry to the chattanooga area, as well as encourage expansion in existing businesses.

Expenses: $4.5M

Facilities management-management of business incubator the bdc offers start-up businesses office or manufacturing space at below-market rental rates. Tenants have access to clerical support, fax machine, copier and postage machine.

Expenses: $75K

Community improvement-planning, implementation and maintenance of neighborhood development initiatives, including beautification, promotion and education. It also includes chatt 2.0, which is a community-led movement to address education and workforce opportunities in hamilton county.

Expenses: $28K

Financials

FY 2023

Revenue

Contributions & grants$4.5M
Program service revenue$1.1M
Investment income$10K
Other revenue$137K
Total revenue$5.7M

Expenses

Grants paid
Salaries & benefits$3.3M
Fundraising$375K
Other expenses$2.8M
Total expenses$6.1M
Total assets$7.4M
Net assets$5.7M

People

13 listed

NameRoleCompensation

CHARLES WOOD

PRESIDENT/CEO

Board

$213K

32 hrs/wk

KATHERINE RANDOLPH

EXECUTIVE DIRECTOR (2.0)

Board

$162K

40 hrs/wk

YOLONDA HAYSLETT

V/P FINANCE AND ADMINISTRATION

Board

$68K

24 hrs/wk

BRAD COBB

TREASURER

Board

1 hrs/wk

RYAN KEEL

DIRECTOR

Board

1 hrs/wk

MICHAEL MATHIS

DIRECTOR

Board

1 hrs/wk

MITCH PATEL

DIRECTOR

Board

1 hrs/wk

JANELLE REILLY

IMMEDIATE PAST CHAIR

Board

1 hrs/wk

MATT ROYAL

DIRECTOR

Board

1 hrs/wk

JAY DALE

CHAIR-ELECT

Board

1 hrs/wk

REBECCA ASHFORD

SECRETARY

Board

1 hrs/wk

PAUL LEATH

CHAIR

Board

1 hrs/wk

SYBIL TOPEL

VICE PRESIDENT

Staff

$72K

40 hrs/wk

Independent contractors

BUILDWITHIN INC

APPRENTICESHIP MANAGEMENT SOFTWARE

$200K

RESOURCE DEVELOPMENT GROUP INC

CAPITAL CAMPAIGN CONSULTANTS

$178K

DEVELOPMENT COUNCELORS INC

CONSULTING SERVICES - MARKETING

$146K

ERNST & YOUNG

ECONOMIC DEVELOPMENT CONSULTING

$123K

Grants received

Showing 74 of 74

FromAmountPurposeYear
$860K
ORGANIZATIONAL SUPPORT
2024
$280K
CHATTANOOGA 2.0 GENERAL OPERATING SUPPORT
2024
$200K
CHATTANOOGA FUTURE FUND
2024
$115K
PROGRAM SUPPORT
2024
$104K
PROGRAM SUPPORT
2024
$100K
CHATTANOOGA 2.0 LITERACY PROOF POINT PILOT
2024
$30K
CHATTANOOGA 2.0 OPERATING & PROGRAMMATIC SUPPORT
2024
$25K
CHATTANOOGA 2.0'S 70 IN 7
2024
$18K
SUPPORT GRANTEE'S ROLE AS A PARTNERSHIP TO ADVANCE YOUTH APPRENTICESHIP (PAYA) NATIONAL PARTNER
2024
$15K
Entrepreneurship and The INCubator Program
2024
$15K
SUPPORT THE MISSION OF THE CHARITY
2024
$10K
CHATTANOOGA 2.0 FOR A VIABLE PATHWAYS CUSTOMER RELATIONSHIP MANAGEMENT CONTRACT
2024
$10K
COMMUNICATIONS PLAN FOR CHILD SAVINGS ACCOUNT
2024
$10K
HCS DISTRICT SUPPORT
2024
$5K
TO SUPPORT AN IN-BOUND FAMILIARIZATION TOUR TO SUPPORT ECONOMIC DEVELOOPMENT EFFORTS
2024
$3K
Annual Contribution to Chattanooga Climbs Higher Campaign
2024
$375K
CHATTANOOGA 2.0 OPERATING & PROGRAMMATIC SUPPORT
2023
$286K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
$200K
For core support of BlueSky Tennessee Institute
2023
$175K
To support Chattanooga 2.0's participation in Advancing Opportunities for Adolescents
2023
$105K
PROGRAM SUPPORT
2023
$100K
BUILDWITHIN APPRENTICESHIPS
2023
$60K
GENERAL OPERATING
2023
$40K
THE CHATTANOOGA CHAMBERS PROCUREMENT PILOT: A PATHWAY FORWARD
2023
$33K
SUPPORT GRANTEE'S PARTICIPATION IN THE PARTNERSHIP TO ADVANCE YOUTH APPRENTICESHIP (PAYA) INITIATIVE
2023
$25K
FOR EDUCATION OF YOUTH AND CHILDREN.
2023
$25K
CHATTANOOGA 2.0 LITERACY INITIATIVE
2023
$15K
CHARITY
2023
$15K
SUPPORT THE MISSION OF THE CHARITY
2023
$15K
FOR EDUCATION OF YOUTH AND CHILDREN.
2023
$10K
DATA VISUALIZATION DASHBOARD
2023
$10K
HUMAN SERVICES
2023
$10K
CHATTANOOGA 2.0-LITERACY INITIATIVES
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2023
$10K
PROGRAM SUPPORT
2023
$7K
CHATTANOOGA 2.0 HAMILTON COUNTY SCHOOL PROGRAMMING
2023
$6K
CHATTANOOGA 2.0 EMERGENCY AND WRAPAROUND FUNDS
2023
$6K
CHATTANOOGA CLIMBS CAPITAL CAMPAIGN (10/1/23 - 9/30/24)
2023
$280K
CHATTANOOGA 2.0 GENERAL OPERATING SUPPORT
2022
$120K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2022
$100K
BUILD WITHIN APPRENTICESHIP INITIATIVE
2022
$60K
VIABLE PATHWAY OPPORTUNITIES
2022
$50K
CHATTANOOGA CLIMBS-ECONOMIC DEVELOPMENT STRATEGY
2022
$40K
$30,000 DEI WORK AND $10,000 CHAMBER STRATEGIC PLAN
2022
$25K
DONATION
2022
$15K
SUPPORT THE MISSION OF THE CHARITY
2022
$15K
SUPPORT THE MISSION OF THE CHARITY
2021
$15K
SUPPORT THE MISSION OF THE CHARITY
2021
$270K
CHATTANOOGA 2.0 SUPPORT
2020
$150K
STAFF POSITION FOCUSED ON INCLUSIVE ECONOMIC GROWTH AND UPWARD MOBILITY.
2020
$50K
OST SUMMER COLLABORATIVE/SMART CITY VENTURE PROJECT
2020
$48K
CHATTANOOGA 2.0 STRATEGIC PLANNING
2020
$25K
DONATION
2020
$24K
To support use of Civic Dinners to encourage community dialogue about matters concerning quality of life and upward mobility
2020
$15K
SUPPORT THE MISSION OF THE CHARITY
2020
$10K
CIVIC DINNERS PROGRAM
2020
$6K
STYLES L. HUTCHINS FELLOWSHIP
2020
$5K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2020
$145K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2018

Funded by

$6.4M from 25 funders · 74 grants · 2018–2024

Benwood Foundation Inc

$2.1M · 20 grants · 2020–2024

Chattanooga Christian Community

$1.3M · 4 grants · 2020–2024

Tennessee State Collaborative On

$700K · 2 grants · 2022–2024

United Way Of Greater Chattanooga

$208K · 2 grants · 2023–2024

Carnegie Corporation Of New York

$200K · 1 grant · 2023

Southern Company Gas Charitable

$175K · 2 grants · 2023–2024

The Wallace Foundation

$175K · 1 grant · 2023

Details

EIN237032834
NTEE codeT30
Subsection03
Ruling date1975-09
Formed1969
Employees64
Volunteers506
CHATTANOOGA CHAMBER FOUNDATION — Mission, Financials & Grants Received | Grantivo