Lyndhurst Foundation Inc logo

Lyndhurst Foundation Inc

CHATTANOOGA, TN EIN: 62-6044177 Website

Lyndhurst Foundation Inc is a private foundation based in Chattanooga, Tennessee, with tax-exempt status since June 1941. The foundation identifies and invests in initiatives, institutions, people, and programs that contribute to the long-term livability and resilience of the greater Chattanooga region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$125.0M

+1.5% YoY

Annual Giving

$7.0M

+70.9% YoY

Grant Count

142

+18.3% YoY

Avg Grant Size

$49K

+44.4% YoY

Under IRS private-foundation payout rules, Lyndhurst Foundation Inc reported a distributable amount of $7.2M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to invest in initiatives, institutions, people, and programs that contribute to the long-term livability and resilience of the greater Chattanooga region. Primary funding focus areas include:

  • Education
  • Conservation, Parks & Recreation
  • Arts & Culture
  • Urban Design & Development
  • Neighborhood Revitalization
  • Physical Health
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

Grant Range

s:** Typical awards range from $20,000 to $880,000, with a median grant amount of $16,000.

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Geographic Focus

Where this funder awards grants

The foundation's tristate funding geography encompasses Chattanooga and the surrounding 16-county region, including Tennessee, Georgia, and North Carolina.

Grant Distribution by State

23states
+15 more states

Cities

ArlingtonAshevilleAthensAtlantaBainbridge IslandBethesdaBirminghamBostonBrasstownBrentwoodBridgeportCambridgeChapel HillChattanoogaChicagoClarksvilleClevelandCrossvilleDaltonDayton

Financial History

Multi-year comparison from IRS filings

Assets:

  • 2024: $161,500,000
  • 2023: $150,900,000
  • 2022: $145,400,000

Annual Giving:

  • 2024: $7,001,712 (charitable expenditures)
  • 2023: $4,084,793 (charitable expenditures)
  • 2022: $8,215,321 (charitable expenditures)

Operating Expenditures:

  • 2024: $1,650,931
  • 2023: $1,587,455
  • 2022: $1,528,978

The foundation ranks in the top 1% of foundations by assets, with a ranking of #1,287 of 159,550 foundations nationally.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$14M$19M20202021202220232024
Metric202420232022
Total Assets$124,986,009$123,155,746$126,107,800
Revenue$10,568,585$2,720,630$2,407,328
Expenses$8,739,228$5,670,592$9,720,183
Qualifying Distributions$8,412,672$5,449,490$9,510,140
Net Investment Income$10,199,271$2,703,667$2,421,905
Distributable Amount$7,163,920$8,192,893$7,873,374

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M90 grants2020127 grants2021123 grants2022120 grants2023142 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHA Charitable Benefit C…$750KCNE$500KChatt Design Studio$325KChatt Design Studio$250KChatt Design Studio$237KCNE$225KCity of Chatt-Transporta…$200KArtsBuild$170KArtsBuild$140KAustin Hatcher Foundation$125K

Grant Size Distribution

250 grants across all recorded years

175<$50K37$50–100K25$100–250K10$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include CHA Charitable Benefit Corporation ($750,000), Cne ($500,000), Chatt Design Studio ($325,000).

RecipientPurposeAmount
A Step Ahead Foundation Chattanooga, TNHealth Services and Improved Database Capacity$75,000
ALS Association Chicago, ILLH Associates matching program$200
Alzheimer's Association Rossville, GALH Associates matching program$200
American Cancer Society - Relay for Life Cleveland, TNLH Associates matching program$1,566
Architects Foundation Washington, DCChattanooga Hip Hop Architecture Camp$30,200
Art 120 Signal Mountain, TNWe Make Program$40,000
ArtsBuild Chattanooga, TNLH Associates matching program$600
ArtsBuild Chattanooga, TNAdvocacy, Art + Climate, Make Music Day, Feasibility Study$140,000
ArtsBuild Chattanooga, TNGeneral Operating Support$170,000
Assn for Visual Arts Chattanooga, TNAVA @ the InCubator$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

Officers:

  • Thomas A.H. White – Chair of the Board
  • Benic M. "Bruz" Clark III – President and Treasurer
  • Macon C. Toledano – Secretary and Associate Director

Trustees:

  • Andrew D. Carroll
  • Judge Curtis L. Collier
  • Melony Collins
  • Ann Coulter
  • N. Carter Newbold IV
  • Dana B. Perry
  • Rachel Schulson
  • Aaron D. Webb, Esq.

Staff:

  • Kathleen E. Nolte – Program Officer
  • Nena F. Powell – Controller
  • Sarah C. Cox – Executive Assistant (position title partially visible in source)

Compensation Overview

From 2024 IRS filing

Benic M Clark IIIPresident and Treasurer$318KAndrew CarrollTrustee$8KAaron WebbTrustee$6KMelony CollinsTrustee$4KAnn CoulterTrustee$3KRachel Schulsontrustee$500

From 2024 filing

NameTitleHoursCompensation
Tom WhiteChairman of the Board2
Dana B PerryTrustee2
Andrew CarrollTrustee2$8,000
Melony CollinsTrustee2$4,000
Carter NewboldTrustee2
Aaron WebbTrustee2$6,000
Ann CoulterTrustee2$3,000
Curtis L CollierTrustee2
Rachel Schulsontrustee2$500
Benic M Clark IIIPresident and Treasurer40$317,767

Contact Information

Address: 517 E 5th Street, Chattanooga, TN 37403-1826

Website: www.lyndhurstfoundation.org

Phone: (423) 756-0767, (423) 756-0770

Frequently Asked Questions

What does Lyndhurst Foundation Inc fund?

The foundation's mission is to invest in initiatives, institutions, people, and programs that contribute to the long-term livability and resilience of the greater Chattanooga region. Primary funding focus areas include: • Education • Conservation, Parks & Recreation • Arts & Culture • Urban Design & Development • Neighborhood Revitalization • Physical Health • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Lyndhurst Foundation Inc?

**Grant Sizes:** Typical awards range from $20,000 to $880,000, with a median grant amount of $16,000. **Recent Activity:** The foundation made 142 grants in its most recent filing period, with total giving of $6,974,153 based on 2024 IRS Form 990-PF data. **Sample Grants:** The foundation has supported projects including Bike Chattanooga, a transit system with 42 stations and 400 bicycles offering affordable and ecological transportation alternatives, and the Southeastern Cave Conservancy, ded…

Where does Lyndhurst Foundation Inc make grants?

The foundation's tristate funding geography encompasses Chattanooga and the surrounding 16-county region, including Tennessee, Georgia, and North Carolina.

What size grants does Lyndhurst Foundation Inc award?

In 2024, Lyndhurst Foundation Inc awarded 142 grants totaling $7.0M — an average of about $49K per grant, based on its IRS Form 990 filings.

How much is Lyndhurst Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lyndhurst Foundation Inc reported a distributable amount of $7.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lyndhurst Foundation Inc's EIN?

Lyndhurst Foundation Inc's EIN (Employer Identification Number) is 62-6044177. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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