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Riverview Foundation Inc

Private foundation · Grantmaker Chattanooga, TN EIN: 27-5485912 Website

Riverview Foundation Inc is a private foundation based in Chattanooga, Tennessee. It seeks to enrich the livability and stewardship of select communities and natural areas, with grantmaking priorities that include musical performing arts, habitat and wildlife conservation, parks and greenways, and other projects of interest to its trustees.

Riverview Foundation Inc at a glance

In short: Riverview Foundation Inc gave $670K across 12 grants in 2024 (avg $56K), mostly in Tennessee. 42% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$669,830
-16.2% vs 2023
Grants made (2024)
12
+0.0% vs 2023
Average grant
$55,819
-16.2% vs 2023
Median grant
$40,000
Total assets
$22,747,851
+14.0% vs 2023
New grantees (estimate)
42% first-time grantees (5 of 12, 2024; small sample)
Primary geography
Tennessee (53% 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 Riverview Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests. Grants are made at the foundation’s initiative; organizations invited to submit a proposal must provide a cover sheet with applicant and project details, a 1–3 page project narrative, organizational and personnel qualifications, a board and staff list, the organization’s annual budget, a project budget and timetable, a list of current and prospective foundation and corporate donors with amounts, and—if available—recent audited financial statements and the IRS determination letter. The foundation holds board meetings typically in May and October.

Review Cycle
Proposals are due six weeks before a board meeting.
Deadline
Proposals are due six weeks before a board meeting.
Contact

Mailing address: 832 Georgia Ave 410, Chattanooga, TN 37402
Phone: (423) 756-5224
Website: https://riverviewfdn.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Riverview Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Georgia Foundation: $200KUniversity of GeorgiaFoundation$200KLookout Mountain Conservancy: $75KLookout Mountain Conservancy$75KNuci Phillips Memorial Foundation: $75KNuci Phillips MemorialFoundation$75KTennessee River Gorge Trust: $75KTennessee River Gorge Trust$75KCumberland Trails Conference: $50KCumberland Trails Conference$50KTrust for Public Land: $50KTrust for Public Land$50KThrive Regional Partnership Inc: $30KThrive Regional PartnershipInc$30KLula Lake Land Trust: $25KLula Lake Land Trust$25KCountry Music Hall of Fame & Museum: $25KCountry Music Hall of Fame &Museum$25KCity of Elberton Georgia: $23KCity of Elberton Georgia$23K

The largest 2024 recipient was University of Georgia Foundation ($200K). Together the top 10 received $628K.

Grant Size Distribution

73 grants across all recorded years

32<$50K27$50–100K10$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 73 (44%).

Geographic Focus

Where this funder awards grants

The foundation identifies select communities and natural areas within the Buffalo Bayou, Broad, Horsepasture, Lower Tennessee, Medina, and Oconee River watersheds. In 2024, 53% of grant dollars went to recipients in Tennessee, 44% to recipients in Georgia, and 3% to recipients in Connecticut.

Grant Distribution by State

8states

Share of 2024 grant dollars across all 12 itemized grants.

Cities

ChattanoogaAthensLookout MountainNashvilleNew YorkWashingtonDunlapMaconTrentonAtlantaBoulderCashiersCrossvilleDurangoElbertonFort OglethorpeHoustonMaxeysSharonSignal Mountain

Is Riverview Foundation Inc open to new grantees?

42%

first-time grantees, 2024

In 2024, 5 of 12 grantees (42%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $39K; repeat grants $68K. How we count

Medians: $25K first-time, $50K repeat.

  • 25% of 2024 grantees were also funded in 2023. Method
  • Giving fell 35% from 2021 to 2024. Method
  • In 2024 it paid out 59% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$500K$1M$1.5M20 grants2020 15 grants2021 14 grants2022 12 grants2023 12 grants2024

From 2020 to 2024, annual grant giving ranged from $670K (2024) to $1.3M (2020). In 2024 it made 12 grants totaling $670K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Georgia Foundation Athens, GAMusic business program and southeast grasslands initiative coordinator position$200,000
Lookout Mountain Conservancy Lookout Mountain, TNRockmont Park Parking Lot Improvements$75,000
Nuci Phillips Memorial Foundation Athens, GAGeneral operating support, health & wellness programs and youth support programs$75,000
Tennessee River Gorge Trust Chattanooga, TNAetna Mountain Trails - Phase II$75,000
Cumberland Trails Conference Crossville, TNTrail Building Equipment and Maintenance$50,000
Trust for Public Land Chattanooga, TNDade County Community Forest Project$50,000
Thrive Regional Partnership Inc Chattanooga, TN"My Thriving Garden" Native Plant Project$30,000
Lula Lake Land Trust Lookout Mountain, TNNickajack Trailhead Driveway Construction Project$25,000
Country Music Hall of Fame & Museum Nashville, TNFrom where I stand: the black experieince in country music$25,000
City of Elberton Georgia Elberton, GAElberton Public Square Renovation Project Phase 1$22,830
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$22,747,851$3,588,178$801,587$669,83012$737,748$3,519,538$1,241,980
2023$19,961,260$681,408$953,758$799,26012$868,032$593,306$1,215,610
2022$20,482,211$956,470$1,317,303$1,163,65014$1,231,598$909,297$1,240,307
2021$20,591,791$1,779,392$1,184,315$1,035,50015$1,101,653$1,728,801$1,281,914
2020$20,399,784$1,247,178$1,457,592$1,328,70020—$1,151,181$1,122,085

Under IRS private-foundation payout rules, Riverview Foundation Inc reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation’s stated mission is to enrich the livability and stewardship of select communities and natural areas in the Buffalo Bayou, Broad, Horsepasture, Lower Tennessee, Medina, and Oconee River watersheds. Its stated grantmaking priorities include the performing (musical) arts, habitat and wildlife conservation, parks and greenways, and other projects of interest to the trustees.

Its 2024 grants included support for conservation, trails, parks, music, youth programs, and biodiversity education. For example, Lookout Mountain Conservancy describes its mission as community-centered conservation and environmental education, including equitable and inclusive access to natural areas and recreational opportunities. Cumberland Trails Conference says it provides financial and volunteer assistance for the Cumberland Trail and advocates for the trail and surrounding regions. Lula Lake Land Trust describes its work as preserving natural and historic landscapes in the Rock Creek watershed through conservation, education, and low-impact recreation.

Grantmaking

In 2024, the foundation reported 12 grants totaling $669,830. Grants ranged from $20,000 to $200,000, with a median grant of $40,000. Among the largest were $200,000 to the University of Georgia Foundation for its Music Business Program and a Southeast Grasslands Initiative coordinator position; $75,000 to Lookout Mountain Conservancy for Rockmont Park parking lot improvements; $75,000 to Nuçi Phillips Memorial Foundation for general operating support and health, wellness, and youth support programs; and $75,000 to Tennessee River Gorge Trust for Aetna Mountain Trails – Phase II.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists George R. Fontaine Sr. as president; Benic M. Clark III as secretary; and Brett W. Rousch as treasurer. It also lists Cecilia E. Fontaine, George R. Fontaine Jr., Ryan T. Fontaine, and Cartter L. Fontaine as board members. The foundation’s website identifies Benic M. “Bruz” Clark III as executive director.

Riverview Foundation Inc is led by George R. Fontaine Sr., President since 2024 (on filings since 2020); 1 of 7 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • George R. Fontaine Sr.

    President

    Director & President → Board President, 2021

    Board President → President, 2024

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Benic M. Clark III

    Secretary

    On filings since 2020

    6 hrs/week

    $52K (2020) → $67K (2024)

  • Brett W. Rousch

    Treasurer

    Director & Treasurer → Treasurer, 2021

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Cartter L. Fontaine

    Board Member

    Director → Board Director, 2021

    Board Director → Board Member, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Cecilia E. Fontaine

    Board Member

    Director → Board Director, 2021

    Board Director → Board Member, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • George R. Fontaine Jr.

    Board Member

    Director → Board Director, 2021

    Board Director → Board Member, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ryan T. Fontaine

    Board Member

    Director → Board Director, 2021

    Board Director → Board Member, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

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

Benic M Clark III — Secretary: $67KBenic M Clark IIISecretary$67K

The highest reported compensation on the 2024 filing was $67K, to Benic M Clark III (Secretary).

Frequently asked questions about Riverview Foundation Inc

How much does Riverview Foundation Inc give each year?

Riverview Foundation Inc gave $670K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $799K across 12 grants.

What is Riverview Foundation Inc's typical grant size?

Riverview Foundation Inc's median grant in 2024 was $40,000, and its average grant was $55,819, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Riverview Foundation Inc that year got $39K on average.

Where does Riverview Foundation Inc give grants?

Riverview Foundation Inc gives mostly in Tennessee: 53% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (44%). The most frequent recipient cities were Chattanooga, TN (4 grants), Athens, GA (2 grants) and Lookout Mountain, TN (2 grants).

Does Riverview Foundation Inc give general operating support?

Occasionally: 8% of Riverview Foundation Inc's 2024 grants with a stated purpose (1 of 12) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Riverview Foundation Inc's largest grantees?

Riverview Foundation Inc's largest 2024 grantees include University of Georgia Foundation ($200,000), Lookout Mountain Conservancy ($75,000) and Nuci Phillips Memorial Foundation ($75,000), according to its 2024 IRS Form 990-PF. Together they received 52% of its itemized 2024 grant dollars.

How large is Riverview Foundation Inc?

Riverview Foundation Inc reported $22.7M in total assets on its 2024 IRS Form 990-PF. It paid out $738K in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Riverview Foundation Inc fund?

The foundation’s stated mission is to enrich the livability and stewardship of select communities and natural areas in the Buffalo Bayou, Broad, Horsepasture, Lower Tennessee, Medina, and Oconee River watersheds. See mission & focus areas ↑

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

The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Riverview Foundation Inc's EIN?

Riverview Foundation Inc's EIN (Employer Identification Number) is 27-5485912. IRS Form 990 filing data is available on this page for 2020–2024.

Does Riverview Foundation 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 September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Riverview Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/riverview-foundation-inc-morg_a18300ff439a409983b8c98a133f3794

BibTeX
@misc{grantable_275485912_2026,
  author       = {{Grantable}},
  title        = {{Riverview Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/riverview-foundation-inc-morg_a18300ff439a409983b8c98a133f3794},
  note         = {Accessed 2026-10-18. 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 Riverview Foundation 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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