THE COMMUNITY FOUNDATION OF GREATER CHATTANOOGA INC Charity Report

Public IRS 990 nonprofit record

THE COMMUNITY FOUNDATION OF GREATER CHATTANOOGA INC

EIN 62-6045999 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

TOGETHER WITH OUR COMMUNITY and PARTNERS, WE TRANSFORM GENEROSITY INTO LASTING CHANGE TOWARDS A PROSPEROUS and JUST CHATTANOOGA WHERE ALL CAN THRIVE and ACHIEVE THEIR FULL POTENTIAL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

58.47%of revenue went to mission work90.4% of expenses · Program services

0.68%of revenue went to fundraising1.1% of expenses

$64.65spent for every $100 of revenueRevenue covered expenses this year.

5.49%of revenue went to management and office costs8.5% of expenses

$7.90in assets for every $1 spent this yearSome assets cannot be spent right away.

61.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $254,995 for MAEGHAN JONES (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$48,049,930

Mission workProgram services$28,097,09458.47% of revenue90.4% of expenses

ManagementOffice and general costs$2,640,2025.49% of revenue8.5% of expenses

FundraisingAsking for donations$328,7320.68% of revenue1.1% of expenses

Revenue left after expensesReported annual surplus$16,983,90235.35% of revenueShown in gray on the chart

Total expenses$31,066,02864.65% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.4% mission · 8.5% management · 1.1% fundraisingTotal expenses: 64.65% of revenue

2023Expense mix: 91.1% mission · 8.0% management · 0.9% fundraisingTotal expenses: 72.75% of revenue

2022Expense mix: 89.9% mission · 9.3% management · 0.9% fundraisingTotal expenses: 60.59% of revenue

2021Expense mix: 90.6% mission · 8.5% management · 0.9% fundraisingTotal expenses: 50.12% of revenue

2020Expense mix: 91.3% mission · 7.6% management · 1.1% fundraisingTotal expenses: 52.56% of revenue

Money in and money out

Revenue$48,049,930

Expenses$31,066,028

Annual surplus $16,983,902 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$28,097,094 · 90.4% of expenses

Management and office costs$2,640,202 · 8.5% of expenses

Fundraising$328,732 · 1.1% of expenses

See all reported dollar amounts

Revenue$48,049,930

Expenses$31,066,028

Assets$245,328,670

Income$70,611,000

Contributions$29,461,797

Mission work (program services)$28,097,094

Fundraising$328,732

Grants given$108,596,703

Average grant$23,904

Management and general$2,640,202

Executive compensation (total)$191,455

Stocks and bonds$158,541,752

Accounting fees$35,638

Investing fees$824,179

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MAEGHAN JONESPRESIDENT AND CEO · 40 hrs/week $254,995Base $222,447 · Other $32,548

REBECCA UNDERWOODVP OF FINANCE & ADMINISTRATION · 40 hrs/week $172,922Base $144,429 · Other $28,493

CAROLINE VON KESSLERVP OF PHILANTHROPY · 40 hrs/week $145,248Base $119,515 · Other $25,733

QUENTIN LAWRENCEVP, COMMUNITY INVESTMENT · 40 hrs/week $113,891Base $100,455 · Other $13,436

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

MAEGHAN JONESPRESIDENT AND CEO

REBECCA UNDERWOODVP OF FINANCE & ADMINISTRATION

CAROLINE VON KESSLERVP OF PHILANTHROPY

QUENTIN LAWRENCEVP, COMMUNITY INVESTMENT

DR LE ANDREA WAREDIRECTOR

TEJANI NITIDIRECTOR

SKIP SCHWARTZTREASURER

MARTHA LEIPERDIRECTOR

LORIE RUNGEVICE CHAIR

GENE GEIGERDIRECTOR

DR RUTH LIUCHAIR ELECT

ANDREA HARDAWAYDIRECTOR

DR DAVE BHATTACHARYADIRECTOR

DANIELA PETERSONDIRECTOR

DALLAS JOSEPHCHAIR

CHRIS MCKEEDIRECTOR

CHERYL KEYVICE CHAIR

CHARLIE BROCKEX-OFFICIO CHAIR

BEN BROWNDIRECTOR

ANSLEY MOSESSECRETARY

About this charity

Recognized since: January 1965
Location: 1400 WILLIAMS ST, CHATTANOOGA, TN 37408-1140
County: Hamilton
In care of: Maeghan Jones
Primary officer: Maeghan Jones, President

How to reach them

WebsiteVisit the charity’s website Phone(423) 265-0586

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: MAULDIN & JENKINS LLC
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes