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Godsey Foundation Inc. is a private corporation based in CHATTANOOGA, TN. The foundation received its IRS ruling in 2009. The principal officer is Geoffrey Young. It holds total assets of $682K. Annual income is reported at $428K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Tennessee. According to available records, Godsey Foundation Inc. has made 44 grants totaling $716K, with a median grant of $10K. Annual giving has decreased from $150K in 2020 to $113K in 2023. Grantmaking activity was highest in 2022 with $262K distributed across 16 grants. Individual grants have ranged from $1K to $100K, with an average award of $16K. The foundation has supported 20 unique organizations. Grants have been distributed to organizations in Tennessee and Georgia and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$65K
Based on 15 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Godsey Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 44 grants. Its grantmaking reaches organizations primarily in TN, GA, VA.
Godsey Foundation Inc. has distributed a total of $716K across 44 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $1K to $100K.
Godsey Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Godsey Foundation Inc. is headquartered in CHATTANOOGA, TN. While based in TN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald W Godsey | PRESIDENT | $0 | $0 | N/A |
| Joyce Godsey | TREASURER | $0 | $0 | N/A |
| D Mitchell Henderson | SECRETARY | $0 | $0 | N/A |
Total Giving
$126K
Total Assets
$846K
Fair Market Value
$979K
Net Worth
$846K
Grants Paid
$113K
Contributions
$2K
Net Investment Income
$30K
Distribution Amount
$47K
Total: $829K
Total Grants
44
Total Giving
$716K
Average Grant
$16K
Median Grant
$10K
Unique Recipients
20
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ United Methodist ChurchGENERAL UNRESTRICTED | Chattanooga, TN | $10K | 2023 |
| First Presbyterian ChurchGENERAL UNRESTRICTED | Chattanooga, TN | $10K | 2023 |
| First Cumberland PresbyterianGENERAL UNRESTRICTED | Chattanooga, TN | $10K | 2021 |
| Chattanooga Area Food BankGENERAL UNRESTRICTED | Chattanooga, TN | $38K | 2023 |
| Chi Memorial Healthcare FoundationGENERAL UNRESTRICTED | Chattanooga, TN | $30K | 2023 |
| Mary Ellen Locher FoundationGENERAL UNRESTRICTED | Chattanooga, TN | $15K | 2023 |
| Graceway ChapelGENERAL UNRESTRICTED | Cleveland, TN | $10K | 2023 |
| American Horticultural SocietyGENERAL UNRESTRICTED | Alexandria, VA | $5K | 2022 |
| Food Bank Of Ne GeorgiaGENERAL UNRESTRICTED | Clayton, GA | $1K | 2022 |
| Utc Band Alumni AssociationGENERAL UNRESTRICTED | Chattanooga, TN | $1K | 2022 |
| Signal Centers IncGENERAL UNRESTRICTED | Chattanooga, TN | $10K | 2021 |
| St Jude Children'S ResearchGENERAL UNRESTRICTED | Memphis, TN | $10K | 2021 |
| Ymca Food ProgramGENERAL UNRESTRICTED | Chattanooga, TN | $10K | 2021 |
| Make-A-WishGENERAL UNRESTRICTED | Chattanooga, TN | $10K | 2021 |
| Ronald Mcdonald House ChattanoogaGENERAL UNRESTRICTED | Chattanooga, TN | $10K | 2021 |
| Shriners Hospital For ChildrenGENERAL UNRESTRICTED | Atlanta, GA | $10K | 2021 |
| Hixson United MethodistGENERAL UNRESTRICTED | Hixson, TN | $5K | 2021 |
| Bledsoe County Veterans ParkGENERAL UNRESTRICTED | Pikeville, TN | $1K | 2021 |
| Community Foundation Of Greater ChattanoogaGENERAL UNRESTRICTED | Chattanooga, TN | $1K | 2021 |
| Joe W Jackson Memorial FundGENERAL UNRESTRICTED | Chattanooga, TN | $5K | 2020 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN