The Chrysalis Foundation

CHATTANOOGA, TN EIN: 62-1497058 Website

The Chrysalis Foundation is a private foundation established in 1992 and based in Chattanooga, Tennessee. It operates as a 501(c)(3) organization designated for charitable, educational, and scientific purposes. The foundation functions as an independent grantmaking organization supporting nonprofit initiatives in its region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-4.5% YoY

Annual Giving

$245K

+44.8% YoY

Grant Count

+6.7% YoY

Avg Grant Size

$15K

+35.7% YoY

Under IRS private-foundation payout rules, The Chrysalis Foundation reported a distributable amount of $62K 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 gives primarily for human services and food programs, with additional funding for land conservation. Areas of interest include:

Social services
Environmental conservation
Education
Children and youth, including at-risk youth
Arts and culture
Alternative health and wellness, including mindfulness

The foundation primarily supports nonprofit organizations in the Chattanooga, Tennessee area and provides general operating and project support to its grantees.

Grantmaking

The foundation awarded $169,000 in total giving according to its most recent Form 990 filing. In 2024, the foundation reported expenses of $339,132 against revenue of $286,208.

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Geographic Focus

Where this funder awards grants

The foundation focuses its grantmaking on the Chattanooga, Tennessee area and surrounding region.

Grant Distribution by State

Tennessee $846K (89%)

Idaho $70K (7%)

Georgia $13K (1%)

Connecticut $5K (1%)

Maryland $5K (1%)

Minnesota $5K (1%)

South Carolina $1K (0%)

States

Connecticut Georgia Idaho Maryland Minnesota South Carolina Tennessee

Cities

BellevueBranfordChattanoogaDecaturGolden ValleyHaileyKetchumKiawah IslandLookout Mountain

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $1,115,858
Total Revenue: $286,208
Total Expenses: $339,132
Net Income: -$52,924
Total Liabilities: $0

Revenue Composition (2024):

Contributions Received: 78.7% of total revenue

As of December 2023:

Total Assets: $1,168,782

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,115,858	$1,168,782	$788,288
Revenue	$286,208	$642,090	$-69,737
Expenses	$339,132	$261,596	$280,780
Qualifying Distributions	$281,882	$206,030	$216,425
Net Investment Income	$3,847	$127,978	—
Distributable Amount	$62,198	$47,491	$51,972

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

82 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Chambliss Childrens Home ($50,000), Chattanooga Community Kitchen ($40,000), Children's Nutrition Program of Haiti ($25,000).

Recipient	Purpose	Amount
A STEP AHEAD FOUNDATION CHATTANOOGA CHATTANOOGA, TN	OPERATING FUND	$20,000
ARTS BUILD CHATTANOOGA, TN	OPERATING FUND	$10,000
BLAINE COUNTY CHARITABLE FUND HAILEY, ID	OPERATING FUND	$10,000
BOYS AND GIRLS CLUBS OF CHATTANOOGA CHATTANOOGA, TN	OPERATING FUND	$5,000
CHAMBLISS CHILDRENS HOME CHATTANOOGA, TN	OPERATING FUND	$50,000
CHATTANOOGA COMMUNITY KITCHEN CHATTANOOGA, TN	OPERATING FUND	$40,000
CHILDREN'S NUTRITION PROGRAM OF HAITI CHATTANOOGA, TN	OPERATING FUND	$25,000
HABITAT FOR HUMANITY CHATTANOOGA, TN	OPERATING FUND	$15,000
HOUSE OF REFUGE CHATTANOOGA, TN	OPERATING FUND	$250
HUNTER MUSEUM OF AMERICAN ART CHATTANOOGA, TN	OPERATING FUND	$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARY N MOORE	PRESIDENT	10	—
WILLIAM N BAILEY	TREASURER	—	—
ANGELIA MURPHY	SECRETARY	20	$61,167

Contact Information

Address: 2444 Broad Street, Chattanooga, TN 37408-2909

Telephone: 423-756-0882

Frequently Asked Questions

What does The Chrysalis Foundation fund?

The foundation gives primarily for human services and food programs, with additional funding for land conservation. Areas of interest include: • Social services • Environmental conservation • Education • Children and youth, including at-risk youth • Arts and culture • Alternative health and wellness, including mindfulness The foundation primarily supports nonprofit organizations in the Chattanooga, Tennessee area and provides general operating and project support to its grantees.

How do I apply for a grant from The Chrysalis Foundation?

The foundation awarded $169,000 in total giving according to its most recent Form 990 filing. In 2024, the foundation reported expenses of $339,132 against revenue of $286,208. Recent grant activity includes awarding over $100,000 in grants to support multiple nonprofit organizations in its service area.

Where does The Chrysalis Foundation make grants?

The foundation focuses its grantmaking on the Chattanooga, Tennessee area and surrounding region.

What size grants does The Chrysalis Foundation award?

In 2024, The Chrysalis Foundation awarded 16 grants totaling $245K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is The Chrysalis Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Chrysalis Foundation reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.