Bright-martin Corporation
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.
Focus Areas
Ready to take the next step with Bright-martin Corporation?
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE T BRIGHT | DIRECTOR | — | — |
| ANN E BRIGHT | DIRECTOR | — | — |
| JOHN G MARTIN | DIRECTOR | — | — |
| GARRISON E MARTIN | DIRECTOR | — | — |
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.
Explore Open Grants
Browse active grant opportunities in Bright-martin Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Community Foundation of Middle
NASHVILLE, TN
Assets
$832.0M
Grants
2,450
Total Given
$107.1M
Dollar General Employee Assistance
GOODLETSVILLE, TN
Assets
$4.5M
Grants
1,654
Total Given
$2.6M
Hca Healthcare Foundation
NASHVILLE, TN
Assets
$192.7M
Grants
999
Total Given
$25.4M
The Community Foundation of Greater Chattanooga Inc
CHATTANOOGA, TN
Assets
$245.3M
Grants
810
Total Given
$25.8M
Community Foundation
MEMPHIS, TN
Assets
$953.1M
Grants
761
Total Given
$134.3M
Christian Community Foundation of
MEMPHIS, TN
Assets
$218.6M
Grants
612
Total Given
$82.3M
Chattanooga Christian Community
CHATTANOOGA, TN
Assets
$136.1M
Grants
567
Total Given
$36.4M
Dollar General Literacy Foundation
GOODLETTSVILLE, TN
Assets
$69.8M
Grants
523
Total Given
$14.5M
International Paper Company Foundation
MEMPHIS, TN
Assets
$76.4M
Grants
472
Total Given
$3.4M
United Way of Middle Tennessee Inc
NASHVILLE, TN
Assets
$70.3M
Grants
466
Total Given
$29.0M
Regal Foundation
KNOXVILLE, TN
Assets
$10.0M
Grants
343
Total Given
$3.0M
Dorothy Cate and Thomas F Frist
NASHVILLE, TN
Assets
$38.8M
Grants
330
Total Given
$2.6M
More Funders in Tennessee
Data last updated April 2026. Sourced from IRS Form 990-PF filings.