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Also known as: FOUNDATION
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Mckenzie Foundation is a private corporation based in CHATTANOOGA, TN. The foundation received its IRS ruling in 2006. The principal officer is Johnny Smith. It holds total assets of $17.8M. Total assets have grown from $2.6M in 2011 to $19.1M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. 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, Mckenzie Foundation has made 148 grants totaling $3.5M, with a median grant of $18K. Annual giving has decreased from $959K in 2020 to $567K in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 64 grants. Individual grants have ranged from $150 to $250K, with an average award of $24K. The foundation has supported 84 unique organizations. The foundation primarily supports organizations in Tennessee, Florida, Virginia, which account for 86% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$925
Median Grant
$20K
Average Grant
$19K
Largest Grant
$75K
Based on 32 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.
Mckenzie Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 148 grants. Its grantmaking reaches organizations primarily in TN, FL, VA.
Mckenzie Foundation has distributed a total of $3.5M across 148 grants. The median grant size is $18K, with an average of $24K. Individual grants have ranged from $150 to $250K.
Mckenzie Foundation typically selects its grantees rather than accepting unsolicited proposals. The grant must be used for education at a secondary school, college, or university. The recipient must remain in good standing with the school.
Mckenzie Foundation is headquartered in CHATTANOOGA, TN. While based in TN, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Johnny Smith | PRESIDENT/TREAS/ASST SEC | $133K | $13K | $157K |
| William P Aiken | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| W Thorpe Mckenzie | VICE PRESIDENT | $0 | $0 | N/A |
| Sarah H Mckenzie | DIRECTOR | $0 | $0 | N/A |
Total Giving
$969K
Total Assets
$19.1M
Fair Market Value
$17.7M
Net Worth
$19.1M
Grants Paid
$567K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$844K
Total: $501K
Total Grants
148
Total Giving
$3.5M
Average Grant
$24K
Median Grant
$18K
Unique Recipients
84
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Men Of ValorOPERATING FUNDS | Anitoch, TN | $25K | 2023 |
| Bonefish & Tarpon TrustOPERATING FUNDS | Miami, FL | $50K | 2023 |
| Public Education FoundationOPERATING FUNDS | Chattanooga, TN | $50K | 2023 |
| Montessori Elementary At Highland ParkOPERATING FUNDS | Chattanooga, TN | $50K | 2023 |
| Purpose Point Learning CenterOPERATING FUNDS | Chattanooga, TN | $50K | 2023 |
| Chattanooga Preparatory SchoolOPERATING FUNDS | Chattanooga, TN | $30K | 2023 |
| The Baylor SchoolOPERATING FUNDS | Chattanooga, TN | $25K | 2023 |
| Chattanooga Chambers FoundationOPERATING FUNDS | Chattanooga, TN | $25K | 2023 |
| United Way Of Greater ChattanoogaOPERATING FUNDS | Chattanooga, TN | $25K | 2023 |
| Rise ChattanoogaOPERATING FUNDS | Chattanooga, TN | $25K | 2023 |
| Skyuka HallOPERATING FUNDS | Chattanooga, TN | $20K | 2023 |
| Launch PadOPERATING FUNDS | Chattanooga, TN | $20K | 2023 |
| Ja Henry Family YmcaOPERATING FUNDS | Chattanooga, TN | $20K | 2023 |
| Metropolitan MinistriesOPERATING FUNDS | Chattanooga, TN | $20K | 2023 |
| Chatt FoundationOPERATING FUNDS | Chattanooga, TN | $15K | 2023 |
| Help Right HereOPERATING FUNDS | Chattanooga, TN | $15K | 2023 |
| Boys & Girls Club Of ChattanoogaOPERATING FUNDS | Chatanooga, TN | $10K | 2023 |
| Uc FoundationOPERATING FUNDS | Cincinnati, OH | $10K | 2023 |
| Olivet Baptist ChurchOPERATING FUNDS | Fayettebille, GA | $10K | 2023 |
| Chattanooga Girls Leadership AcademyOPERATING FUND | Chattanooga, TN | $10K | 2023 |
| Atlantic Salmon FederationOPERATING FUNDS | Chamcook | $10K | 2023 |
| White Oak Bicycle Co-OpOPERATING FUNDS | Red Oak, TN | $10K | 2023 |
| The Boys' Club On New YorkOPERATING FUNDS | New York, NY | $10K | 2023 |
| Walter Boehm Birth Defect CenterOPERTAING FUNDS | Chattanooga, TN | $8K | 2023 |
| Erlanger Hospital System FoundationOPERATING FUNDS | Chattanooga, TN | $5K | 2023 |
| Lift Youth Center IncOPERATING FUNDS | Ringgold, GA | $5K | 2023 |
| Habitat For Humanity Of Greater ChattanoogaOPERATING FUNDS | Chattanooga, TN | $3K | 2023 |
| Performing Arts LeagueOPERATING FUNDS | Chatanooga, TN | $3K | 2023 |
| Be The Change Youth InitiativeOPERATING FUNDS | Red Bank, TN | $2K | 2023 |
| Friends Of TroopsOPERATING FUNDS | Chattanooga, TN | $2K | 2023 |
| Songbirds FoundationOPERATING FUNDS | Chattanooga, TN | $2K | 2023 |
| Ringgold Elementary SchoolOPERATING FUNDS | Ringgold, GA | $2K | 2023 |
| American Legion Post #106OPERATING FUNDS | Redlands, CA | $1K | 2023 |
| Chattanooga Fire Fighters AssociationOPERATING FUNDS | Chattanooga, TN | $1K | 2023 |
| Lula Lake Land TrustOPERATING FUNDS | Lookout Mountain, TN | $1K | 2023 |
| Kiwanis Youth FoundationOPERATING FUNDS | Indianapolis, IN | $150 | 2023 |
| Woodbury Forest SchoolOPERATING FUNDS | Woodberry Forest, VA | $75K | 2022 |
| Baylor SchoolOPERATING FUNDS | Chattanooga, TN | $40K | 2022 |
| Bethel Bible VillageOPERATING FUNDS | Hixson, TN | $30K | 2022 |
| Welcome Home Of ChattanoogaOPERATING FUNDS | Chattanooga, TN | $30K | 2022 |
| The Launch PadOPERATING FUNDS | Chattanooga, TN | $30K | 2022 |