Hamico Inc
Hamico Inc is a private foundation incorporated in 1956 and headquartered in Chattanooga, Tennessee. The organization holds tax-exempt status as a 501(c)(3) entity, with tax-exempt status granted in May 1959. Hamico operates as a company-sponsored foundation providing philanthropic support to nonprofit organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49.7M
+1.1% YoY
Annual Giving
$1.8M
-13.2% YoY
Grant Count
51
+8.5% YoY
Avg Grant Size
$36K
-20.0% YoY
Mission & Focus Areas
Hamico supports community foundations and festivals, with particular emphasis on organizations involved in:
- Arts and culture
- Education
- Health and mental health
- Athletics
- Human services
Grantmaking
Hamico is an active grantmaker with a demonstrated commitment to local philanthropy. In 2023, the foundation made 56 grants totaling approximately $1.6 million in direct grants. Notable recent grants include:
Ready to take the next step with Hamico Inc?
Geographic Focus
Where this funder awards grants
Hamico's grantmaking is centered in the Chattanooga, Tennessee area and the greater region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $49,653,654
- Total Revenue: $4,344,679
- Total Expenses: $3,972,978
- Net Income: $371,701
- Total Liabilities: $5,400
As of Fiscal Year 2023:
- Total Assets: $49,100,857
- Total Revenue: $4,583,948
- Total Expenses: $4,113,348
The foundation maintains substantial financial resources with consistent annual giving capacity exceeding $2 million.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $49,659,054 | $49,100,857 | $48,828,623 |
| Revenue | $4,344,679 | $4,583,948 | $1,093,236 |
| Expenses | $3,972,978 | $4,113,348 | $3,641,907 |
| Qualifying Distributions | $2,343,561 | $2,601,042 | $2,177,824 |
| Net Investment Income | $2,521,058 | $3,019,365 | — |
| Distributable Amount | $2,306,569 | $2,361,820 | $2,611,371 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
242 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Zan Guerry – Chairman of the Board / President and Director
- Alexis G Bogo – President and Executive Director
- Robert Bosworth – Secretary
- Herbert Barks – Trustee
The foundation operates with a staff of three employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ZAN GUERRY | CHAIRMAN OF THE BOARD | 40 | $240,000 |
| ROBERT E BOSWORTH | VICE PRES/DIR | 40 | $165,000 |
| ALEXIS G BOGO | PRES/DIR | 40 | $340,000 |
| JOHN P GUERRY | DIRECTOR | 2 | $15,000 |
Related Funders
Similar funders by location and focus area
Maclellan Center for Global Christian Ed
CHATTANOOGA, TN
Assets
$592K
Grants
1
Total Given
$48K
Anne Bransford Wallace Foundation
NASHVILLE, TN
Assets
$553K
Grants
40
Total Given
$43K
Springplace Presbyterian Church 280-5019032
KNOXVILLE, TN
Assets
$140K
Grants
1
Total Given
$6K
United Way of East Tennessee
JOHNSON CITY, TN
Assets
$3.4M
Grants
12
Total Given
$202K
One Family Memphis
MEMPHIS, TN
Assets
$6.4M
Grants
0
Total Given
—
B & B Foundation
NASHVILLE, TN
Assets
—
Grants
9
Total Given
$2.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Hamico Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities