Smartbank Foundaiton

Organization Overview

Smartbank Foundaiton is located in Chattanooga, TN. The organization was established in 2009. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smartbank Foundaiton is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Smartbank Foundaiton generated $34.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $55.3k during the year ending 12/2020. While expenses have increased by 3.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Smartbank Foundaiton has awarded 20 individual grants totaling $162,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $9,721
Profit on Inventory Sales $0
Other Income $159
Total Revenue $34,711

Grants Awarded

Over the last fiscal year, Smartbank Foundaiton has awarded $25,000 in support to 3 organizations.

Grant RecipientAmount

RIVER CITY COMPANY

Org PageRecipient Profile

Chattanooga, TN

PURPOSE: TO HELP WITH THE MILLER PARK REDEVELOPMENT EFFORTS IN DOWNTOWN CHATTANOOGA.

$10,000

PURPOSE POINT LEARNING ACADEMY

PURPOSE: TO HELP DEVELOP POSITIVE LEARNING SKILLS AND VALUES THAT ENHANCE THE GROWTH AND DEVELOPMENT OF CHILDREN FOR THE PRESENT AND FUTURE GENERATIONS.

$10,000

SEVIER COUNTY PARTNERS IN PROGRESS EDUCATION FOUNDATION

Org PageRecipient Profile

Sevierville, TN

PURPOSE: TO HELP PROVIDE SCHOLARSHIPS FOR STUDENTS IN SEVIER COUNTY

$5,000
View Grant Profile

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