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Gail C@Link Education Trust is a private trust based in CHATTANOOGA, TN. The foundation received its IRS ruling in 2016. The principal officer is Capitalmark Bank A Division Of. It holds total assets of $972K. Annual income is reported at $45K. The foundation is governed by 6 officers and trustees. Trust fund to provide scholarships to lower income students in hamilton county tn. Trustee appointment by will of decedent. Three directors appointed by mayors of city of chattanooga and hamilton county and county school superintendent. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Tennessee, Alabama and Georgia. According to available records, Gail C@Link Education Trust has made 48 grants totaling $324K, with a median grant of $6K. The foundation has distributed between $54K and $129K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $129K distributed across 20 grants. Individual grants have ranged from $3K to $21K, with an average award of $7K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Tennessee, Alabama, North Carolina, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$6K
Average Grant
$6K
Largest Grant
$21K
Based on 10 grants from the most recent 990-PF filing.
Trust fund to provide scholarships to lower income students in hamilton county tn. Trustee appointment by will of decedent. Three directors appointed by mayors of city of chattanooga and hamilton county and county school superintendent.
Trust fund to provide scholarships to lower income students in hamilton county tn. Trustee appointment by will of decedent. Three directors appointed by mayors of city of chattanooga and hamilton county and county school superintendent. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in TN, AL, NC.
Gail C@Link Education Trust has distributed a total of $324K across 48 grants. The median grant size is $6K, with an average of $7K. Individual grants have ranged from $3K to $21K.
The application deadline is BASED ON SCHOOL YEAR. Scholarship awards limited to lower income students in hamilton county, tn.
Gail C@Link Education Trust is headquartered in CHATTANOOGA, TN. While based in TN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond James | FORMER TRUSTEE | $10K | $0 | $10K |
| Principal Securities Network | SUCCESSOR TRUSTEE | $3K | $0 | $3K |
| Shawn Kurrelmeir-Lee | TRUSTEE & DIRECTOR | $0 | $0 | N/A |
| Sandy Dittus | FUND MANAGER & TRUSTEE REP | $0 | $0 | N/A |
| Deborah Maddox | DIRECTOR | $0 | $0 | N/A |
| Patricia Russell | DIRECTOR | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$1M
Fair Market Value
$1.3M
Net Worth
$1M
Grants Paid
$54K
Contributions
N/A
Net Investment Income
$199K
Distribution Amount
$60K
Total: $770K
Total Grants
48
Total Giving
$324K
Average Grant
$7K
Median Grant
$6K
Unique Recipients
17
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of AlabamaSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Tuscaloosa, AL | $6K | 2022 |
| East Tennessee State UniversitySTUDENT HIGHER EDUCATION SCHOLARSHIPS | Johnson City, TN | $12K | 2023 |
| University Of Tennessee - ChattanoogaSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Chattanooga, TN | $9K | 2023 |
| University Of Tennessee - KnoxvilleSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Knoxville, TN | $6K | 2023 |
| Tennessee Tech UniversitySTUDENT HIGHER EDUCATION SCHOLARSHIPS | Cookeville, TN | $6K | 2023 |
| Austin Peay State UniversitySTUDENT HIGHER EDUCATION SCHOLARSHIPS | Clarksville, TN | $6K | 2023 |
| University Of MemphisSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Memphis, TN | $6K | 2023 |
| Wingate UniversitySTUDENT HIGHER EDUCATION SCHOLARSHIPS | Wingate, NC | $3K | 2023 |
| University Of Alabama In HuntsvilleSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Huntsville, AL | $3K | 2023 |
| Alabama A&M UniversitySTUDENT HIGHER EDUCATION SCHOLARSHIPS | Huntsville, AL | $3K | 2023 |
| Tennessee State UniversitySTUDENT HIGHER EDUCATION SCHOLARSHIPS | Nashville, TN | $9K | 2022 |
| Carson Newman UniversitySTUDENT HIGHER EDUCATION SCHOLARSHIPS | Jefferson City, TN | $3K | 2022 |
| University Of Alabama - BirminghamSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Birmingham, AL | $6K | 2021 |
| University Of Alabama - HuntsvilleSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Huntsville, AL | $3K | 2021 |
| Chattanooga State Tech CollegeSTUDENT HIGHWER EDUCATION SCHOLARSHIPSSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Chattanooga, TN | $6K | 2020 |
| Polytech Academy Chattanooga StateSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Chattanooga, TN | $4K | 2020 |
| Morehouse CollegeSTUDENT HIGHER EDUCATION SCHOLARSHIPS | Atlanta, GA | $3K | 2020 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN