Overview
The Lyndhurst Foundation Inc, based in Chattanooga, Tennessee, is a philanthropic organization with assets totaling over $123 million. The foundation focuses on funding initiatives in various subject areas including arts and culture, education (specifically elementary and secondary education), the environment, and community and economic development. It supports projects across numerous cities and states in the U.S., including major cities like Atlanta, Boston, Chicago, and New York. The foundation's leadership includes Tom White as Chairman of the Board and Benic M Clark III as President and Treasurer, who receives a compensation of $309,160. The foundation's expenses amount to approximately $5.67 million, with a revenue of about $2.72 million. The board consists of several trustees, some of whom receive compensation for their roles.
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Financials
in 2024, compared to $126,107,800 in 2023
120 grants awarded in 2024
Of total expenses go to programs
Grants
Amount | Recipient | Purpose | Location | Year | |
|---|---|---|---|---|---|
| $880,000 | Open Space Institute Inc | Cradle of Southern Appalachia Land Protection Fund | 1350 Broadway Suite 201 New York, NY US | 2022 | |
| $880,000 | Open Space Institute Inc | Cradle of Southern Appalachia Land Protection Fund | 1350 Broadway Suite 201 New York, NY US | 2023 | |
| $635,000 | CNE | Infill Missing Middle Housing and Case Study, Money School | 1500 Chestnut Street Suite 102 Chattanooga, TN US | 2023 | |
| $500,000 | Tivoli Theatre Foundation | Tivoli - Phase 1 Construction | 399 McCallie Ave Chattanooga, TN US | 2023 | |
| $495,000 | Public Education Fdn | Project Inspire, Teacher Residency, East Ridge HS Celebration of Learning Day | 835 Georgia Ave Ste 400 Chattanooga, TN US | 2023 | |
| $487,500 | CNE | Missing Middle Housing and Supportive Prototypes | 1500 Chestnut Street Suite 102 Chattanooga, TN US | 2024 | |
| $420,000 | RISE Chattanooga | Renovation of RISE headquarters, Community Development Plan, General Operations | 108 Woodlawn Drive Chattanooga, TN US | 2023 | |
| $415,000 | Chattanooga Design Studio | General Operations, CIVIQ Lecture Series, Educational Curriculum, Plan and Design Implementation | 850 Market St Ste 206 Chattanooga, TN US | 2023 | |
| $410,000 | CNE | Affordable Housing and Money School 2021 | 1500 Chestnut Street Suite 102 Chattanooga, TN US | 2022 | |
| $403,000 | ArtsBuild | Operation support, Trenton Mural, and Climate Project | 301 East 11th Street Suite 300 Chattanooga, TN US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
BMCI Benic M Clark III | President and Treasurer | $309,160 | 2024 |
BMCI Benic M Clark III | President and Treasurer | $292,604 | 2023 |
BMCI Benic M Clark III | President and Treasurer | $291,376 | 2022 |
AW Aaron Webb | Trustee | $8,000 | 2023 |
MC Melony Collins | Trustee | $7,000 | 2023 |
Benic M Clark III
President and Treasurer
Benic M Clark III
President and Treasurer
Benic M Clark III
President and Treasurer
Aaron Webb
Trustee
Melony Collins
Trustee
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024