Riverview Foundation Inc
- Assets
- $0.0
- Revenue
- $1.8m
- Investments
- $20.1m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 09/2011
- Data as of
- 12/2021
- 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 12/2021, Riverview Foundation Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Riverview Foundation Inc has awarded 159 individual grants totaling $9,068,506. 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 |
|---|---|---|---|
George R Fontaine Sr Board President | 4 | $0 | |
Benic M Clark III Secretary | 6 | $58,930 | |
Brett W Rousch Treasurer | 5 | $0 | |
Cecilia E Fontaine Board Director | 2 | $0 | |
George R Fontaine Jr Board Director | 2 | $0 | |
Ryan T Fontaine Board Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,646 |
| Dividends & Interest | $270,290 |
| Profit on Inventory Sales | $0 |
| Other Income | -$38,162 |
| Total Revenue | $1,779,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,530 |
| Pension plans, employee benefits | $0 |
| Depreciation | $716 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $148,815 |
| Contributions, gifts, grants paid | $1,035,500 |
| Total expenses and disbursements | $1,184,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,119 |
| Investments—mortgage loans | $0 |
| Investments—other | $20,094,758 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Riverview Foundation Inc has awarded $1,163,650 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ATHENS LAND TRUST PURPOSE: NORTHEAST GEORGIA INVASIVE PLANT COOPERATIVE | $14,500 |
BOOKS FOR KEEPS INC PURPOSE: STOP SUMMER SLIDE! AND FAMILY ENGAGEMENT ACTIVITIES | $33,500 |
LAND TRUST FOR TENNESSEE PURPOSE: CYCLE SEQUATCHIE FARMERS FEAST | $100,000 |
LOOKOUT MOUNTAIN CONSERVANCY PURPOSE: LAND PURCHASE - 4 ACRES FOR PURPOSE OF HABITAT CONSERVATION, VIEWSHED PROTECTION & RECREATION | $75,000 |
LULA LAKE LAND TRUST PURPOSE: DURHAM TRAIL PROJECT | $50,000 |
OPEN SPACE INSTITUTE LAND TRUST PURPOSE: CRADLE OF SOUTHERN APPALACHIA LAND PROTECTION FUN | $332,000 |