Day Family Foundation Inc is a private foundation focused on Education, based in CHATTANOOGA, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 2 grants totaling $110K. Net investment income was $81K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-1.3% YoY
Annual Giving
$110K
+10.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$55K
+10.0% YoY
Under IRS private-foundation payout rules, Day Family Foundation Inc reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.
About Day Family Foundation Inc
Based on IRS filings
Day Family Foundation Inc is a private foundation focused on Education, based in CHATTANOOGA, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 2 grants totaling $110K. Net investment income was $81K.
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 | $2,035,314 | $2,061,764 | $2,099,730 |
| Revenue | $130,099 | $117,271 | $280,520 |
| Expenses | $156,549 | $155,237 | $286,765 |
| Qualifying Distributions | $110,000 | $103,706 | $217,500 |
| Net Investment Income | $81,167 | $65,632 | — |
| Distributable Amount | $99,755 | $98,347 | $95,389 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Notre Dame High School ($80,000), Saint Jude Catholic School ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NOTRE DAME HIGH SCHOOL CHATTANOOGA, TN | TUITION ASSISTANCE | $80,000 |
| SAINT JUDE CATHOLIC SCHOOL CHATTANOOGA, TN | TUITION ASSISTANCE | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN BURHMAN | PRESIDENT | 1 | — |
| BRENT GOLDBERG | SECRETARY-TREASURER | — | — |
| TODD DOCKERY | VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Day Family Foundation Inc?
Day Family Foundation Inc is a private foundation focused on Education, based in CHATTANOOGA, TN. It holds $2.0M in total assets as of 2024.
How large is Day Family Foundation Inc?
As of 2024, Day Family Foundation Inc holds $2.0M in total assets with $130K in annual revenue. It awarded 2 grants totaling $110K in 2024.
Where does Day Family Foundation Inc operate?
Day Family Foundation Inc has awarded grants in Tennessee.
What size grants does Day Family Foundation Inc award?
In 2024, Day Family Foundation Inc awarded 2 grants totaling $110K — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is Day Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Day Family Foundation Inc reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Day Family Foundation Inc's EIN?
Day Family Foundation Inc's EIN (Employer Identification Number) is 86-2143114. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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