Hamico Inc
Hamico Inc is a private foundation based in Chattanooga, Tennessee. Its 2024 filing reports grants to charitable organizations, with nearly all grant dollars going to recipients in Tennessee.
Hamico Inc at a glance
In short: Hamico Inc gave $1.8M across 51 grants in 2024 (avg $36K), mostly in Tennessee. 14% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,832,216
- -13.2% vs 2023
- Grants made (2024)
- 51
- +8.5% vs 2023
- Average grant
- $35,926
- -20.0% vs 2023
- Median grant
- $10,000
- Total assets
- $49,659,054
- +1.1% vs 2023
- New grantees (estimate)
- 14% first-time grantees (7 of 51, 2024)
- Primary geography
- Tennessee (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Hamico Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
Hamico Inc states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1110 Market St Ste 317B, Chattanooga, TN 37402
Phone: (423) 531-0028
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hamico Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Chi Memorial Foundation ($315K). Together the top 10 received $1.4M.
Grant Size Distribution
259 grants across all recorded years
The most common grant size was under $50K: 203 grants of 259 (78%).
Geographic Focus
Where this funder awards grants
Hamico Inc’s 2024 filing reports that 99% of grant dollars went to Tennessee recipients, 1% to Georgia recipients, and less than 1% to Utah recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 51 itemized grants.
Cities
Is Hamico Inc open to new grantees?
14%
first-time grantees, 2024
In 2024, 7 of 51 grantees (14%) were first-time recipients. First grants averaged $7K; repeat grants $41K. How we count
Medians: $3K first-time, $11K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving fell 27% from 2021 to 2024. Method
- In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.7M (2022) to $2.5M (2021). In 2024 it made 51 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chi Memorial Foundation Chattanooga, TN | Donation | $315,050 |
| Baylor School Chattanooga, TN | Donation | $276,760 |
| United Way of Greater Chattanooga Chattanooga, TN | Donation | $207,000 |
| UCF Honors College Scholarship Chattanooga, TN | Donation | $150,000 |
| Chattanooga Christian School Chattanooga, TN | Donation | $134,000 |
| Boys & Girls Club of Chattanooga Chattanooga, TN | Donation | $80,000 |
| On Point Chattanooga, TN | Donation | $77,500 |
| Chattanooga Area Foodbank Chattanooga, TN | Donation | $55,000 |
| St Peter's Episcopal School Chattanooga, TN | Donation | $51,000 |
| Children's Advocacy Center Chattanooga, TN | Donation | $50,000 |
Ready to take the next step with Hamico Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $49,659,054 | $4,344,679 | $3,972,978 | $1,832,216 | 51 | $2,343,561 | $2,521,058 | $2,306,569 |
| 2023 | $49,100,857 | $4,583,948 | $4,113,348 | $2,110,024 | 47 | $2,601,042 | $3,019,365 | $2,361,820 |
| 2022 | $48,828,623 | $1,093,236 | $3,641,907 | $1,723,426 | 45 | $2,177,824 | — | $2,611,371 |
| 2021 | $54,950,698 | $4,486,934 | $4,259,707 | $2,508,281 | 56 | $2,956,330 | $3,186,062 | $2,697,916 |
| 2020 | $45,505,452 | $2,710,688 | $3,462,738 | $2,096,918 | 60 | — | $1,802,735 | $2,879,734 |
Under IRS private-foundation payout rules, Hamico Inc reported a distributable amount of $2.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for Hamico Inc is provided. Its 2024 grants included organizations whose stated work spans education, community well-being, youth development, child advocacy, animal welfare, housing, and reproductive-health education and assistance. For example, Baylor School says its mission is to help students make a positive difference in the world, while United Way of Greater Chattanooga describes its work as uniting people and resources to build a stronger, healthier community. On Point says it partners with schools and communities to cultivate young people’s strengths; the Children’s Advocacy Center describes providing a comprehensive response to children and families affected by abuse. These are the grantees’ stated missions, not Hamico Inc’s.
Grantmaking
In 2024, Hamico Inc reported 51 grants totaling $1,832,216. Grant amounts ranged from $264 to $315,050, with a median of $10,000. Its largest reported grants included $315,050 to CHI Memorial Foundation, $276,760 to Baylor School, $207,000 to United Way of Greater Chattanooga, $150,000 to UCF Honors College Scholarship, and $134,000 to Chattanooga Christian School. Other notable grants included $80,000 to Boys & Girls Club of Chattanooga, $77,500 to On Point, and $55,000 to Chattanooga Area Foodbank.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Zan Guerry as chairman of the board, Robert E Bosworth as vice president and director, Alexis G Bogo as president and director, and John P Guerry as director.
Hamico Inc is led by Alexis G. Bogo, President & Director since 2023 (on filings since 2020); all 4 officers listed in 2024 are compensated.
Officers on the 2024 filing
Alexis G. Bogo
President & Director
Executive Director → President & Director, 2023
On filings since 2020
40 hrs/week
$190K (2020) → $340K (2024)
Zan Guerry
Chairman of the Board
President & Director → Chairman of the Board, 2023
On filings since 2020
40 hrs/week
$150K (2020) → $240K (2024)
John P. Guerry
Director
On filings since 2020
2 hrs/week
$60K (2020) → $15K (2024)
Robert E. Bosworth
Vice President & Director
On filings since 2020
40 hrs/week
$100K (2020) → $165K (2024)
Former officers (1)
- Former: Herbert Barks (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $340K, to Alexis G Bogo (Pres/DIR). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Hamico Inc
How much does Hamico Inc give each year?
Hamico Inc gave $1.8M across 51 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.1M across 47 grants.
What is Hamico Inc's typical grant size?
Hamico Inc's median grant in 2024 was $10,000, and its average grant was $35,926, across 51 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hamico Inc that year got $7K on average.
Where does Hamico Inc give grants?
Hamico Inc gives mostly in Tennessee: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chattanooga, TN (47 grants).
Does Hamico Inc give general operating support?
Not in 2024: none of the 51 grants with a stated purpose on Hamico Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (51 grants).
Who are Hamico Inc's largest grantees?
Hamico Inc's largest 2024 grantees include Chi Memorial Foundation ($315,050), Baylor School ($276,760) and United Way of Greater Chattanooga ($207,000), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.
How large is Hamico Inc?
Hamico Inc reported $49.7M in total assets on its 2024 IRS Form 990-PF. It paid out $2.3M in qualifying distributions that year, against a required minimum of $2.3M (roughly 5% of its investment assets).
What does Hamico Inc fund?
No mission statement for Hamico Inc is provided. Its 2024 grants included organizations whose stated work spans education, community well-being, youth development, child advocacy, animal welfare, housing, and reproductive-health education and assistance. See mission & focus areas ↑
How do I apply for a grant from Hamico Inc?
Hamico Inc states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hamico Inc's EIN?
Hamico Inc's EIN (Employer Identification Number) is 62-6040782. IRS Form 990 filing data is available on this page for 2020–2024.
Does Hamico Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in Hamico Inc's focus areas in our free grants database
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Funders that support many of the same organizations
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Cite this profile
Grantable. (2026). Hamico Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/hamico-inc-morg_1a8ccf63f1374c7ca79436a6606ac8a1
BibTeX
@misc{grantable_626040782_2026,
author = {{Grantable}},
title = {{Hamico Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hamico-inc-morg_1a8ccf63f1374c7ca79436a6606ac8a1},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Hamico Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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