Riverview Foundation Inc
- Assets
- $0.0
- Revenue
- $1.2m
- Investments
- $19.7m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 09/2011
- Data as of
- 12/2020
- EIN
- 27-5485912
Organization Overview
Riverview Foundation Inc is located in Chattanooga, TN. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverview Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Riverview Foundation Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.5m during the year ending 12/2020. While expenses have increased by 2.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Riverview Foundation Inc has awarded 145 individual grants totaling $7,904,856. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benic M Clark III Secretary | 6 | $55,530 | |
Brett W Rousch Treasurer | 5 | $0 | |
Cecilia E Fontaine Board Director | 2 | $0 | |
Ryan T Fontaine Board Director | 2 | $0 | |
George R Fontaine Jr Board Director | 2 | $0 | |
Cartter L Fontaine Board Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $7,961 |
| Dividends & Interest | $238,265 |
| Profit on Inventory Sales | $0 |
| Other Income | -$19,333 |
| Total Revenue | $1,247,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,250 |
| Pension plans, employee benefits | $0 |
| Depreciation | $716 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $128,892 |
| Contributions, gifts, grants paid | $1,328,700 |
| Total expenses and disbursements | $1,457,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,911 |
| Investments—mortgage loans | $0 |
| Investments—other | $19,697,291 |
| Other assets | $0 |
| Mortgages and other notes payable | $400,000 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Riverview Foundation Inc has awarded $1,035,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
OPEN SPACE INSTITUTE LAND TRUST PURPOSE: CRADLE OF SOUTHERN APPALACHIA LAND PROTECTION FUN | $332,000 |
Athens, GA PURPOSE: TRAIL ENHANCEMENT AND REALIGNMENT PROJECT, SOUTHEASTERN GRASSLANDS INITIATIVE COORDINATOR POSITION, UGA PAINT ROCK FOREST DYNAMICS PROJECT | $140,000 |
Chattanooga, TN PURPOSE: GUITAR-CENTRIC EDUCATIONAL PREFORMING ARTS CENTER | $100,000 |
SONGS FOR KIDS FOUNDATION INC PURPOSE: MUSIC MENTOR PROGRAM | $75,000 |
LAND TRUST ALLIANCE PURPOSE: REMOTE MONITORING PILOT PROGRAM FOR SOUTHEAST LAND TRUSTS | $75,000 |
Lookout Mountain, TN PURPOSE: DURHAM TRAIL PROJECT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Speer Foundation Brentwood, TN | $160,979,713 | $8,246,449 |
The Haslam 3 Foundation Inc Knoxville, TN | $5,285,692 | $10,045,433 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |
Scarlett Family Foundation Nashville, TN | $163,054,305 | $18,551,241 |