Bishop Family Foundation
Bishop Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIGNAL MOUNTAIN, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $13.6M in total assets. In 2024, it awarded 9 grants totaling $510K. Net investment income was $2.7M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.6M
+25.6% YoY
Annual Giving
$510K
-8.1% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$57K
+2.1% YoY
Under IRS private-foundation payout rules, Bishop Family Foundation reported a distributable amount of $574K for 2024 — the minimum it must pay out in qualifying distributions.
About Bishop Family Foundation
Based on IRS filings
Bishop Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIGNAL MOUNTAIN, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $13.6M in total assets. In 2024, it awarded 9 grants totaling $510K. Net investment income was $2.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,608,418 | $10,833,300 | $9,835,279 |
| Revenue | $2,687,297 | $330,868 | $590,608 |
| Expenses | $554,485 | $563,065 | $561,222 |
| Qualifying Distributions | $514,527 | $557,179 | $551,672 |
| Net Investment Income | $2,687,297 | $330,868 | $587,249 |
| Distributable Amount | $574,058 | $507,963 | $513,989 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cumberland Heights Foundation ($200,000), The Generosity Trust ($75,000), Love Without Reason ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CUMBERLAND HEIGHTS FOUNDATION NASHVILLE, TN | RECOVERY IN COMMUNITY CAMPAIGN | $200,000 |
| LOVE WITHOUT REASON CHATTANOOGA, TN | CRANIOFACIAL SURGERIES EXPENSES | $50,000 |
| NORTHSIDE NEIGHBORHOOD HOUSE CHATTANOOGA, TN | GENERAL OPERATING EXPENSE NEEDS | $25,000 |
| ARTS BUILD CHATTANOOGA, TN | INDIVIDUAL ARTISTS PROGRAM | $50,000 |
| WHITE OAK BICYCLE CO-OP CHATTANOOGA, TN | GENERAL OPERATIONS | $5,000 |
| CHAMBLISS CENTER FOR CHILDREN CHATTANOOGA, TN | BUILDING FUTURES CAMPAIGN | $50,000 |
| TRUST FOR PUBLIC LAND CHATTANOOGA, TN | ALTON PARK CONNECTOR | $50,000 |
| LONE OAK COMMUNITY CIVIC LEAGUE SIGNAL MOUNTAIN, TN | COMMUNITY NEEDS | $5,000 |
| THE GENEROSITY TRUST CHATTANOOGA, TN | FOUNDATION CONTRIBUTION | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN BISHOP | PRESIDENT | 2 | — |
| WILL BISHOP | SECRETARY | 2 | — |
| BEN BISHOP | TREASURER | 2 | — |
| MEGAN BISHOP | BOARD MEMBER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bishop Family Foundation?
Bishop Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIGNAL MOUNTAIN, TN. It holds $13.6M in total assets as of 2024.
How large is Bishop Family Foundation?
As of 2024, Bishop Family Foundation holds $13.6M in total assets with $2.7M in annual revenue. It awarded 9 grants totaling $510K in 2024.
Where does Bishop Family Foundation operate?
Bishop Family Foundation has awarded grants in Tennessee.
What size grants does Bishop Family Foundation award?
In 2024, Bishop Family Foundation awarded 9 grants totaling $510K — an average of about $57K per grant, based on its IRS Form 990 filings.
How much is Bishop Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bishop Family Foundation reported a distributable amount of $574K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bishop Family Foundation's EIN?
Bishop Family Foundation's EIN (Employer Identification Number) is 86-1303160. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Bishop Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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