Footprint Foundation Inc
- Assets
- $23.7m
- Revenue
- $693.2k
- Investments
- $22.7m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 27-5486356
Organization Overview
Footprint 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. Footprint 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 12/2023, Footprint Foundation Inc generated $693.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Footprint Foundation Inc has awarded 234 individual grants totaling $6,932,999. 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 |
|---|---|---|---|
Jessica Montague Dir | 1 | $0 | |
John P Montague Dir, Treas | 1 | $0 | |
Kristina Montague Dir | 1 | $0 | |
L Thomas Montague Dir, Sec | 1 | $0 | |
Alfred Smith Dir, VP | 1 | $0 | |
Alice Smith Dir, Pres | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tiedemann Advisors | 12/30/22 | $180,874 |
Rising Tide Capital Inc | 12/30/22 | $55,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $39,487 |
| Dividends & Interest | $366,380 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $215,824 |
| Capital Gain Net Income | $215,750 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71,497 |
| Total Revenue | $693,188 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $157,650 |
| Pension plans, employee benefits | $48,135 |
| Interest | $0 |
| Taxes | $7,007 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $68,983 |
| Printing and publications | $526 |
| Other expenses | $180,032 |
| Total operating and administrative expenses | $695,094 |
| Contributions, gifts, grants paid | $1,176,999 |
| Total expenses and disbursements | $1,872,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $829,447 |
| Net Accounts receivable | $3,604 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,955,191 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $200,000 |
| Total assets | $23,732,498 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Footprint Foundation Inc has awarded $1,176,999 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
CATALYST SPORTS INC PURPOSE: CHATTANOOGA PROGRAMS | $6,000 |
B4CK - BINDERS FOR CONFIDENT KIDS PURPOSE: GENERAL & UNRESTRICTED | $4,000 |
ARTSBUILD PURPOSE: GENERAL & UNRESTRICTED | $17,500 |
CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC PURPOSE: TO SUPPORT COMMUNITY ENGAGEMENT WORK IN OAK GROVE | $50,000 |
CHATTANOOGA BALLET INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC PURPOSE: GENERAL & UNRESTRICTED | $20,000 |