Footprint Foundation Inc
- Assets
- $26.2m
- Revenue
- $2.5m
- Investments
- $24.7m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 09/2011
- Data as of
- 12/2021
- 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 12/2021, Footprint Foundation Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 8.3% per year over the past 4 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 2019, Footprint Foundation Inc has awarded 120 individual grants totaling $4,120,000. 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 |
|---|---|---|---|
Kristina Montague Dir | 1 | $0 | |
Jessica Montague Dir | 1 | $0 | |
John P Montague Dir, Treas | 1 | $0 | |
L Thomas Montague Dir, Sec | 1 | $0 | |
Alfred Smith Dir, VP | 1 | $0 | |
Alice Smith Dir, Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $865 |
| Dividends & Interest | $354,733 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,013,202 |
| Capital Gain Net Income | $2,013,202 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $142,238 |
| Total Revenue | $2,511,038 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $120,000 |
| Pension plans, employee benefits | $25,022 |
| Interest | $64 |
| Taxes | $13,641 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,518 |
| Printing and publications | $677 |
| Other expenses | $144,393 |
| Total operating and administrative expenses | $595,025 |
| Contributions, gifts, grants paid | $1,514,500 |
| Total expenses and disbursements | $2,109,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,482,157 |
| Net Accounts receivable | $0 |
| 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 | $7,703,207 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,152,884 |
| 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 $1,514,500 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: FOR GENERAL OPERATING SUPPORT OF TFA-CHATTANOOGA | $125,000 |
Chattanooga, TN PURPOSE: TO SUPPORT EDUCATIONAL INITIATIVES VIA THE SMART CITY VENTURE FUND | $125,000 |
Chattanooga, TN PURPOSE: TO SUPPORT OPERATIONS AND THE 2020-2021 ARTIST WORK | $100,000 |
Chattanooga, TN PURPOSE: TO SUPPORT THE REVOLVING IMPACT CAPITAL FUND | $100,000 |
Bayside, CA PURPOSE: FOOTPRINT FUND | $100,000 |
Nashville, TN PURPOSE: TO SUPPORT THE LAUNCH AND GENERAL OPERATIONS OF THE CHATTANOOGA SMALL BUSINESS OPPORTUNITY FUND | $100,000 |
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 |