Weldon F Osborne Foundation Inc
Weldon F Osborne Foundation Inc is a private foundation based in Chattanooga, Tennessee. Established in 1959 to aid religious and benevolent charities, it considers grant requests from religious and public charitable organizations in the Greater Chattanooga area.
Weldon F Osborne Foundation Inc at a glance
In short: Weldon F Osborne Foundation Inc gave $1.4M across 85 grants in 2025 (avg $16K), mostly in Tennessee. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,352,424
- +4.4% vs 2024
- Grants made (2025)
- 85
- +6.3% vs 2024
- Average grant
- $15,911
- -1.7% vs 2024
- Median grant
- $10,000
- Total assets
- $24,352,706
- +4.1% vs 2024
- New grantees (estimate)
- 13% first-time grantees (10 of 76, 2025)
- Primary geography
- Tennessee (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Weldon F Osborne Foundation Inc
- How to Apply
-
The foundation uses an online application process. First-time applicants create a user ID and password and submit a Letter of Inquiry (LOI); if the inquiry fits the trustees’ guidelines, the applicant is invited to complete a full proposal. Organizations generally may apply once in a 12-month period. The foundation generally does not fund individuals, debt reduction, political causes, for-profit organizations, or grantees outside the Greater Chattanooga area. Awards are made to qualified 501(c)(3) organizations. Multi-year grantees must submit interim reports at least annually before subsequent-year funding is considered, and unused funds must be returned; funds may not be redirected without written consent.
- Review Cycle
- The foundation’s stated application windows are November 1–January 31 for the February meeting, March 1–May 31 for the June meeting, and July 1–September 30 for the October meeting.
- Deadline
- The foundation’s stated application windows are November 1–January 31 for the February meeting, March 1–May 31 for the…
- Contact
Application contact: Barbara Marter
Mailing address: 100 West Ml King Blvd Ste 210, Chattanooga, TN 37402
Phone: (423) 267-0931
Email: wosborne@wfosbornefoundation.org
Website: https://wfosbornefoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Weldon F Osborne Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Generosity Trust ($100K). Together the top 10 received $573K.
Grant Size Distribution
405 grants across all recorded years
The most common grant size was under $50K: 390 grants of 405 (96%).
Geographic Focus
Where this funder awards grants
The foundation considers requests from organizations in the Greater Chattanooga, Tennessee area. In 2025, 98% of grant dollars went to recipients in Tennessee; Florida and Idaho each received 1%, while Georgia and New Jersey each accounted for a rounded 0%.
Grant Distribution by State
Share of 2025 grant dollars across all 85 itemized grants.
Cities
Is Weldon F Osborne Foundation Inc open to new grantees?
13%
first-time grantees, 2025
In 2025, 10 of 76 grantees (13%) were first-time recipients. First grants averaged $14K; repeat grants $18K. How we count
Medians: $10K first-time, $10K repeat.
- 75% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+13%). Method
- In 2025 it paid out 135% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). 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
From 2021 to 2025, annual grant giving ranged from $1.2M (2023) to $1.4M (2025). In 2025 it made 85 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Generosity Trust Chattanooga, TN | Operating | $100,000 |
| Uc Foundation Inc Chattanooga, TN | Capital Campaign | $83,000 |
| Community Foundation of Greater Chattanooga Chattanooga, TN | Operating | $69,592 |
| Chattanooga State Community College Chattanooga, TN | Program Support | $50,000 |
| Erlanger Health Chattanooga, TN | Technology | $50,000 |
| Partnership for Families Children and Adults Inc Chattanooga, TN | Program Support | $50,000 |
| The Nonprofit Resource Center Chattanooga, TN | General Operating | $50,000 |
| Bethel Bible Village Hixson, TN | General Operating | $35,000 |
| Bryan College Dayton, TN | Operating | $30,000 |
| Hosanna Community Hixson, TN | Technology | $30,000 |
Ready to take the next step with Weldon F Osborne Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $24,352,706 | $2,496,161 | $1,717,747 | $1,352,424 | 85 | $1,527,516 | $2,291,032 | $1,132,832 |
| 2024 | $23,390,180 | $1,548,009 | $1,537,247 | $1,295,027 | 80 | $1,433,316 | $1,349,823 | $1,069,196 |
| 2023 | $22,051,482 | $2,329,497 | $2,100,287 | $1,180,463 | 82 | $1,351,293 | $1,946,979 | $951,630 |
| 2022 | $19,880,669 | $2,129,773 | $1,966,340 | $1,196,312 | 83 | $1,341,240 | $1,603,943 | $1,116,462 |
| 2021 | $24,028,923 | $2,980,665 | $1,755,331 | $1,236,582 | 75 | — | $2,458,887 | $1,052,860 |
Under IRS private-foundation payout rules, Weldon F Osborne Foundation Inc reported a distributable amount of $1.1M for 2025 — 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 purpose is to aid religious and benevolent charities. Its website also describes support for programs that bring people together to provide assistance and foster hope, help youth and adults with disabilities develop independence, confidence, and fitness, and advance early childhood education in Chattanooga.
Its grants support a range of charitable, educational, religious, healthcare, and arts organizations. Examples include Bethel Bible Village, whose stated mission is to provide Christ-centered homes and education for children, and Volunteers in Medicine Chattanooga, which says it serves the health and wellness needs of medically underserved people. Chambliss Center for Children states that it provides early childhood education and/or residential care to abused children.
Grantmaking
In filing year 2025, the foundation reported 85 grants totaling $1,352,424. Grants ranged from $500 to $100,000, with a median of $10,000. Notable awards included $100,000 to The Generosity Trust for operating support; $83,000 to UC Foundation Inc for a capital campaign; $69,592 to Community Foundation of Greater Chattanooga for operating support; and $50,000 each to Chattanooga State Community College for program support, Erlanger Health for technology, Partnership for Families Children and Adults Inc for program support, and The Nonprofit Resource Center for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Gene Burnett as treasurer, C. Duffy Franck Jr. as trustee, Glenn Stophel as vice president, W. Scott Mattice Sr. as president, Christine B. Smith as secretary, and Barbara Marter as assistant secretary/treasurer. The foundation’s website identifies Barbara Marter as executive director.
Weldon F Osborne Foundation Inc is led by Wscott Mattice Sr., President since 2025 (on filings since 2024); 1 of 6 officers listed in 2025 is compensated.
Officers on the 2025 filing
Wscott Mattice Sr.
President
Treasurer → President, 2025
On filings since 2024
15 hrs/week
No compensation reported
C. Duffy Franck Jr.
Trustee
On filings since 2021
2 hrs/week
$12K (2021) → $0 (2025)
Gene Burnett
Treasurer
Vice President → Treasurer, 2025
On filings since 2021
2 hrs/week
$12K (2021) → $0 (2025)
Barbara Marter
Assistant Secretary & Treasurer
On filings since 2023
40 hrs/week
$75K (2023) → $75K (2025)
Christine B. Smith
Secretary
On filings since 2021
2 hrs/week
No compensation reported
Glenn Stophel
Vice President
President → Vice President, 2025
On filings since 2021
2 hrs/week
No compensation reported
Former officers (1)
- Former: Scott Mattice (2021–2023) — Treasurer
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $75K, to Barbara Marter (Assistant Secretary/Treasurer).
Frequently asked questions about Weldon F Osborne Foundation Inc
How much does Weldon F Osborne Foundation Inc give each year?
Weldon F Osborne Foundation Inc gave $1.4M across 85 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 80 grants.
What is Weldon F Osborne Foundation Inc's typical grant size?
Weldon F Osborne Foundation Inc's median grant in 2025 was $10,000, and its average grant was $15,911, across 85 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Weldon F Osborne Foundation Inc that year got $14K on average.
Where does Weldon F Osborne Foundation Inc give grants?
Weldon F Osborne Foundation Inc gives mostly in Tennessee: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chattanooga, TN (69 grants), Hixson, TN (5 grants) and Knoxville, TN (2 grants).
Does Weldon F Osborne Foundation Inc give general operating support?
Yes: 33% of Weldon F Osborne Foundation Inc's 2025 grants with a stated purpose (28 of 85) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Program Support" (35 grants), "Program Related" (9 grants) and "Technology" (5 grants).
Who are Weldon F Osborne Foundation Inc's largest grantees?
Weldon F Osborne Foundation Inc's largest 2025 grantees include The Generosity Trust ($100,000), Uc Foundation Inc ($83,000) and Community Foundation of Greater Chattanooga ($69,592), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.
How large is Weldon F Osborne Foundation Inc?
Weldon F Osborne Foundation Inc reported $24.4M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
What does Weldon F Osborne Foundation Inc fund?
The foundation’s stated purpose is to aid religious and benevolent charities. See mission & focus areas ↑
How do I apply for a grant from Weldon F Osborne Foundation Inc?
The foundation uses an online application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Weldon F Osborne Foundation Inc's EIN?
Weldon F Osborne Foundation Inc's EIN (Employer Identification Number) is 62-6026442. IRS Form 990 filing data is available on this page for 2021–2025.
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
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Weldon F Osborne Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/weldon-f-osborne-foundation-inc-morg_5d010d7feb234662a2ecd28e659733e8
BibTeX
@misc{grantable_626026442_2026,
author = {{Grantable}},
title = {{Weldon F Osborne Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/weldon-f-osborne-foundation-inc-morg_5d010d7feb234662a2ecd28e659733e8},
note = {Accessed 2026-10-14. 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 Weldon F Osborne 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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