Bright-martin Corporation

CHATTANOOGA, TN EIN: 62-1715632

Bright-martin Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31K in total assets. In 2024, it made $465K in qualifying distributions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$31K

-58.1% YoY

Revenue

$423K

+8.6% YoY

Qualifying Distributions

$465K

+46.8% YoY

Expenses

$466K

+46.7% YoY

Under IRS private-foundation payout rules, Bright-martin Corporation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Bright-martin Corporation

Based on IRS filings

Bright-martin Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31K in total assets. In 2024, it made $465K in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$128K$256K$384K$512K20202021202220232024
Metric202420232022
Total Assets$30,666$73,170$771
Revenue$423,334$389,836$286,966
Expenses$465,838$317,437$286,987
Qualifying Distributions$465,038$316,712$286,287
Net Investment Income
Distributable Amount$2,903$2,000$1,411

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GEORGE T BRIGHTDIRECTOR
ANN E BRIGHTDIRECTOR
JOHN G MARTINDIRECTOR
GARRISON E MARTINDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bright-martin Corporation?

Bright-martin Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. It holds $31K in total assets as of 2024.

How large is Bright-martin Corporation?

As of 2024, Bright-martin Corporation holds $31K in total assets with $423K in annual revenue.

How much is Bright-martin Corporation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bright-martin Corporation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bright-martin Corporation's EIN?

Bright-martin Corporation's EIN (Employer Identification Number) is 62-1715632. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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