Red Bank & Soddy-daisy Charitable
Red Bank & Soddy-daisy Charitable is a private foundation, based in CHATTANOOGA, TN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $779K in total assets. In 2025, it awarded 2 grants totaling $42K. Net investment income was $31K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$779K
-1.5% YoY
Annual Giving
$42K
-6.7% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$21K
-53.3% YoY
Under IRS private-foundation payout rules, Red Bank & Soddy-daisy Charitable reported a distributable amount of $49K for 2025 — the minimum it must pay out in qualifying distributions.
About Red Bank & Soddy-daisy Charitable
Based on IRS filings
Red Bank & Soddy-daisy Charitable is a private foundation, based in CHATTANOOGA, TN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $779K in total assets. In 2025, it awarded 2 grants totaling $42K. Net investment income was $31K.
Ready to take the next step with Red Bank & Soddy-daisy Charitable?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $779,044 | $790,529 | $782,002 |
| Revenue | $43,070 | $67,521 | $12,828 |
| Expenses | $55,900 | $58,994 | $59,413 |
| Qualifying Distributions | $43,711 | $46,986 | $49,359 |
| Net Investment Income | $30,881 | $55,513 | $16,445 |
| Distributable Amount | $48,505 | $44,718 | $44,927 |
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 2025
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include City of Red Bank ($21,000), City of Soddy-daisy ($21,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CITY OF RED BANK RED BANK, TN | TO ASSIST IN THE INSTALLATION OF A MURAL PROJECT LOCATED AT KID'S CORNER OFF REDDING ROAD (OR) A LARGE-SCALE MURAL PROJECT LOCATED AT MORRISON SPRINGS ACROSS FROM FOOD CITY ON A CITY-OWNED RETAINING WALL. | $21,000 |
| CITY OF SODDY-DAISY SODDYDAISY, TN | TO PARTIALLY EQUIP TWO NEW FIRE ENGINES | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICIA S BAKER | BOARD MEMBER, CHAIRPERSON | — | — |
| REBECCA F BROWDER | BOARD MEMBER, VICE CHAIRPERSON | — | — |
| CHARLES INGLE | BOARD MEMBER, SECRETARY | — | — |
| HARDIE H STULCE | BOARD MEMBER, DIRECTOR | — | — |
| JOHN M ROBERTS | BOARD MEMBER, DIRECTOR | — | — |
Frequently Asked Questions
How large is Red Bank & Soddy-daisy Charitable?
As of 2025, Red Bank & Soddy-daisy Charitable holds $779K in total assets with $43K in annual revenue. It awarded 2 grants totaling $42K in 2025.
Where does Red Bank & Soddy-daisy Charitable operate?
Red Bank & Soddy-daisy Charitable has awarded grants in Tennessee.
What size grants does Red Bank & Soddy-daisy Charitable award?
In 2025, Red Bank & Soddy-daisy Charitable awarded 2 grants totaling $42K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Red Bank & Soddy-daisy Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Red Bank & Soddy-daisy Charitable reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Red Bank & Soddy-daisy Charitable's EIN?
Red Bank & Soddy-daisy Charitable's EIN (Employer Identification Number) is 62-0959331. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Red Bank & Soddy-daisy Charitable's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Community Foundation of Middle
NASHVILLE, TN
Assets
$832.0M
Grants
2,450
Total Given
$107.1M
Dollar General Employee Assistance
GOODLETSVILLE, TN
Assets
$4.5M
Grants
1,654
Total Given
$2.6M
Hca Healthcare Foundation
NASHVILLE, TN
Assets
$192.7M
Grants
999
Total Given
$25.4M
The Community Foundation of Greater Chattanooga Inc
CHATTANOOGA, TN
Assets
$245.3M
Grants
810
Total Given
$25.8M
Community Foundation
MEMPHIS, TN
Assets
$953.1M
Grants
761
Total Given
$134.3M
Christian Community Foundation of
MEMPHIS, TN
Assets
$218.6M
Grants
612
Total Given
$82.3M
Chattanooga Christian Community
CHATTANOOGA, TN
Assets
$136.1M
Grants
567
Total Given
$36.4M
Dollar General Literacy Foundation
GOODLETTSVILLE, TN
Assets
$69.8M
Grants
523
Total Given
$14.5M
International Paper Company Foundation
MEMPHIS, TN
Assets
$76.4M
Grants
472
Total Given
$3.4M
United Way of Middle Tennessee Inc
NASHVILLE, TN
Assets
$70.3M
Grants
466
Total Given
$29.0M
Regal Foundation
KNOXVILLE, TN
Assets
$10.0M
Grants
343
Total Given
$3.0M
Dorothy Cate and Thomas F Frist
NASHVILLE, TN
Assets
$38.8M
Grants
330
Total Given
$2.6M
More Funders in Tennessee
Data last updated April 2026. Sourced from IRS Form 990-PF filings.