Lyndhurst Foundation Inc
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 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
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tom White | Chairman of the Board | 2 | — |
| Dana B Perry | Trustee | 2 | — |
| Andrew Carroll | Trustee | 2 | $8,000 |
| Melony Collins | Trustee | 2 | $4,000 |
| Carter Newbold | Trustee | 2 | — |
| Aaron Webb | Trustee | 2 | $6,000 |
| Ann Coulter | Trustee | 2 | $3,000 |
| Curtis L Collier | Trustee | 2 | — |
| Rachel Schulson | trustee | 2 | $500 |
| Benic M Clark III | President and Treasurer | 40 | $317,767 |
Contact Information
Address: 517 E 5th Street, Chattanooga, TN 37403-1826
Website: www.lyndhurstfoundation.org
Phone: (423) 756-0767, (423) 756-0770
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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