Carol and Vernon Grizzard Family
Carol and Vernon Grizzard Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. IRS filing data is available for 2024. As of 2024, the organization holds $5.0M in total assets. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
Revenue
$5.0M
Net Investment Income
$11K
Expenses
—
Under IRS private-foundation payout rules, Carol and Vernon Grizzard Family reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.
About Carol and Vernon Grizzard Family
Based on IRS filings
Carol and Vernon Grizzard Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. IRS filing data is available for 2024. As of 2024, the organization holds $5.0M in total assets. Net investment income was $11K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 |
|---|---|
| Total Assets | $5,027,352 |
| Revenue | $5,011,036 |
| Expenses | — |
| Qualifying Distributions | — |
| Net Investment Income | $11,036 |
| Distributable Amount | $54,737 |
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 |
|---|---|---|---|
| LISA HARRIS | TREASURER | 1 | — |
| CAROL GRIZZARD | PRESIDENT | 1 | — |
| VERNON D GRIZZARD III | SECRETARY | — | — |
| VERNON D GRIZZARD JR | MANAGER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carol and Vernon Grizzard Family?
Carol and Vernon Grizzard Family is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. It holds $5.0M in total assets as of 2024.
How large is Carol and Vernon Grizzard Family?
As of 2024, Carol and Vernon Grizzard Family holds $5.0M in total assets with $5.0M in annual revenue.
How much is Carol and Vernon Grizzard Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carol and Vernon Grizzard Family reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carol and Vernon Grizzard Family's EIN?
Carol and Vernon Grizzard Family's EIN (Employer Identification Number) is 99-3360305. IRS Form 990 filing data is available on this page for 2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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