The Chantal and Tommy Bagwell Foundation
The Chantal and Tommy Bagwell Foundation is a private family foundation established in 1996 in Georgia. Based in Cumming, Georgia, the foundation operates as a 501(c)(3) grantmaking organization dedicated to philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$103.3M
+1.2% YoY
Annual Giving
$5.3M
-10.6% YoY
Grant Count
30
-11.8% YoY
Avg Grant Size
$178K
+1.3% YoY
Under IRS private-foundation payout rules, The Chantal and Tommy Bagwell Foundation reported a distributable amount of $6.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports a diverse range of charitable purposes, with documented funding interests including:
- Education and higher education
- Science and STEM education
- Scholarships and student support
- Veteran organizations
- Community foundations and general charitable giving
Grantmaking
The foundation has also supported scholarship programs that encourage students to give back to their communities.
Grant Range
Median grant of approximately $23,000; maximum grant of $2,000,000
Ready to take the next step with The Chantal and Tommy Bagwell Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Georgia and has demonstrated support for institutions in the region, including universities and community foundations. Some grants extend to national organizations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $103,328,558
- Total Revenue: $7,025,711
- Total Expenses: $5,835,774
- Total Liabilities: $0
Historical Assets (2023):
- Total Assets: $102,000,000
The foundation maintains a strong financial position with no outstanding liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $103,328,558 | $102,139,207 | $104,242,763 |
| Revenue | $7,025,711 | $4,370,623 | $1,818,161 |
| Expenses | $5,835,774 | $6,474,179 | $6,655,271 |
| Qualifying Distributions | $5,335,333 | $5,968,366 | $6,188,666 |
| Net Investment Income | $6,523,120 | $3,862,860 | $2,044,772 |
| Distributable Amount | $5,971,759 | $5,320,127 | $5,595,310 |
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
165 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stand Together Trust ($2,000,000), Kennesaw State University Foundation ($1,333,333), Boys and Girls Club ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABRAHAM BALDWIN AGRICULTURAL COLLEGE TIFTON, GA | STUDENT SCHOLARSHIPS | $4,000 |
| ALBANY TECH FOUNDATION ALBANY, GA | STUDENT SCHOLARSHIPS | $4,000 |
| AMERICANS OF FAITH ATLANTA, GA | GENERAL FUND | $25,000 |
| BAYLOR COLLEGE OF MEDICINE CUMMING, GA | GENERAL FUND | $50,000 |
| BOYS AND GIRLS CLUB GAINSVILLE, GA | GENERAL FUND | $500,000 |
| BRADY'S BRIDGE LEANDER, TX | GENERAL FUND | $2,500 |
| CHILDRENS HEALTHCARE OF ATLANTA ATLANTA, GA | GENERAL FUND & HOSPITAL CONSTRUCTION | $105,000 |
| COASTAL PINES TECHNICAL COLLEGE WAYCROSS, GA | STUDENT SCHOLARSHIPS | $2,000 |
| ELACHEE NATURE SCIENCE CENTER GAINESVILLE, GA | GENERAL FUND | $35,000 |
| GENERATION SERVE AUSTIN, TX | GENERAL FUND | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Thomas N Bagwell – President and Chief Executive Officer
- Chantal Bagwell – Chief Financial Officer and Treasurer
Both serve as trustees of the foundation and receive no compensation for their roles.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS N BAGWELL | PRESIDENT/CEO | — | — |
| CHANTAL BAGWELL | CFO/TREASURER | — | — |
Recent News & Activity
Recent developments and announcements
The Bagwells have been recognized for creating scholarship programs that emphasize philanthropic values and encourage recipients to give back to their communities. The foundation has maintained consistent grantmaking activity, with recent distributions supporting education institutions, international service organizations, and community foundations across multiple states.
Bagwells create scholarship program that encourages students to give backSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Chantal and Tommy Bagwell Foundation fund?
The foundation supports a diverse range of charitable purposes, with documented funding interests including: • Education and higher education • Science and STEM education • Scholarships and student support • Veteran organizations • Community foundations and general charitable giving
How do I apply for a grant from The Chantal and Tommy Bagwell Foundation?
**Grant Activity:** • Made 33 grants in the most recent reporting year • Total giving: $5,335,333 (2024) • Grant range: Median grant of approximately $23,000; maximum grant of $2,000,000 **Recent Major Grants (2024):** • Stand Together Trust: $2,000,000 • Kennesaw State University Foundation (Scholarships & General Fund): $1,333,333 • The Rotary Foundation of Rotary International: $500,000 • North Georgia Community Foundation (among other grantees) The foundation has also supported scholarship …
Where does The Chantal and Tommy Bagwell Foundation make grants?
The foundation primarily funds organizations in Georgia and has demonstrated support for institutions in the region, including universities and community foundations. Some grants extend to national organizations.
What size grants does The Chantal and Tommy Bagwell Foundation award?
In 2024, The Chantal and Tommy Bagwell Foundation awarded 30 grants totaling $5.3M — an average of about $178K per grant, based on its IRS Form 990 filings.
How much is The Chantal and Tommy Bagwell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Chantal and Tommy Bagwell Foundation reported a distributable amount of $6.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Chantal and Tommy Bagwell Foundation's EIN?
The Chantal and Tommy Bagwell Foundation's EIN (Employer Identification Number) is 58-2176142. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Chantal and Tommy Bagwell Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The O Wayne Rollins Foundation
ATLANTA, GA
Assets
$432.0M
Grants
29
Total Given
$39.5M
Rhedcloud Foundation Inc
DECATUR, GA
Assets
$6K
Grants
1
Total Given
$13K
Atlanta Committee for Progress Inc
ATLANTA, GA
Assets
$2.1M
Grants
1
Total Given
$15K
Atlanta Postal Credit Union
ATLANTA, GA
Assets
$2.4B
Grants
4
Total Given
$308K
Justice for Children Foundation Inc
SAVANNAH, GA
Assets
$24K
Grants
0
Total Given
—
Southeast Area Blood Bankers
PEACHTREE CITY, GA
Assets
$33K
Grants
0
Total Given
—
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Chantal and Tommy Bagwell Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Chantal and Tommy Bagwell Foundation to a real strategy.