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Southeast Development Foundation Inc. is a private corporation based in CHATTANOOGA, TN. The foundation received its IRS ruling in 2001. The principal officer is Jackie Ryder. It holds total assets of $108K. Annual income is reported at $10K. Total assets have grown from $14K in 2011 to $273K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Tennessee and Georgia. According to available records, Southeast Development Foundation Inc. has made 22 grants totaling $418K, with a median grant of $903. Annual giving has decreased from $37K in 2020 to $1K in 2023. Grantmaking activity was highest in 2021 with $364K distributed across 6 grants. Individual grants have ranged from N/A to $355K, with an average award of $19K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Tennessee and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$7K
Average Grant
$9K
Largest Grant
$24K
Based on 4 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.
Southeast Development Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in TN, GA.
Southeast Development Foundation Inc. has distributed a total of $418K across 22 grants. The median grant size is $903, with an average of $19K. Individual grants have ranged from N/A to $355K.
Southeast Development Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Southeast Development Foundation Inc. is headquartered in CHATTANOOGA, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| D Gary Davis | CHAIRMAN | $0 | $0 | N/A |
| David Jackson | SECRETARY | $0 | $0 | N/A |
Total Giving
$1K
Total Assets
$273K
Fair Market Value
$273K
Net Worth
$273K
Grants Paid
$1K
Contributions
$5K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
22
Total Giving
$418K
Average Grant
$19K
Median Grant
$903
Unique Recipients
14
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Buddys BbqLUNCH FOR TRAINING | Chattanooga, TN | $692 | 2023 |
| Walmart BusinessSUPPLIES FOR CHARITY WORK AND OFFICE EXPENSES | Atlanta, GA | $338 | 2023 |
| AmazonSUPPLIES FOR CHARITY WORK AND OFFICE EXPENSES | Chattanooga, TN | $121 | 2023 |
| Party CitySUPPLIES FOR CHARITY WORK AND OFFICE EXPENSES | Chattanooga, TN | N/A | 2023 |
| Yogi Primopromo LlcT-SHIRTS PRINT UP | Chattanooga, TN | $4K | 2022 |
| Jasons DeliLUNCH FOR VOLUNTEERS | Chattanooga, TN | $2K | 2022 |
| Bbq RoweLUNCH FOR TRAINING | Chattanooga, TN | $1K | 2022 |
| Town Of Tracy CityOLD GRUNDY HIGH SCHOOL RENOVATION CONTRACTOR PAYME | Tracy City, TN | $355K | 2021 |
| Lts Contruction LlcREPAIRS OLD GRUNDY HIGH SCHOOL RENOVATION | Huntland, TN | $8K | 2021 |
| Wal-Mart BusinessSUPPLIES FOR SEQUATCHIE CTY FLOOD VICTIMS | Atlanta, GA | $600 | 2021 |
| Tn Secretary Of StateCHARITABLE SOLICITATION REGISTRATION FEE | Nashville, TN | $265 | 2021 |
| Jonathon T ConnellREIM SUPPLIES FOR OLD GRUNDY HIGH RENOVATION | Cleveland, TN | $134 | 2021 |
| Southern Cumberland Learning DeveFACILITY RENOVATION | Tracy City, TN | $24K | 2020 |
| Chattanooga Regional Homeless CoaliMEMORIAL DONATION | Chattanooga, TN | $500 | 2020 |