Skip to main content

Nonprofit · EIN 62-0476521

UNIVERSITY OF CHATTANOOGA FOUNDATION INC

Tax-exempt · CHATTANOOGA, TN 37403

Financials

$11.7M$13.8M2022$56M$17.7M2023$52M$15.9M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF CHATTANOOGA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$52,026,220$15,860,310$36,165,910$325,169,427$45,257,226$279,912,201
June 30, 2024990$55,966,920$17,657,131$38,309,789$286,926,920$44,816,506$242,110,414
June 30, 2023990$11,679,125$13,788,886-$2,109,761$238,636,483$43,477,430$195,159,053
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$32,315,290
Program service revenue
$0
Investment income
$19,710,930
Net gain from sales of assets
$15,525,077
Other revenue
$0

Expenses

Grants and similar amounts paid
$9,980,238
Compensation of officers, directors and key employees
$777,944
Other salaries and wages
$2,493,312
Salaries, compensation and benefits (total)
$3,271,256
Professional fundraising fees
$0
Legal fees
$12,260
Accounting fees
$54,400
Depreciation
$4,235
Program services (functional)
$9,980,238
Management and general (functional)
$1,572,786
Fundraising (functional)
$4,307,286

Balance sheet and other

Total assets, start of year
$286,926,920
Total assets, end of year
$325,169,427
Total liabilities, end of year
$45,257,226
Net assets, end of year
$279,912,201
Land, buildings and equipment
$13,057
Publicly traded securities
$114,252,841
Net assets without donor restrictions
$65,364,980
Net assets with donor restrictions
$214,547,221
Gross unrelated business income
$730,695
Gross receipts
$121,000,106
Employees
29
Volunteers
100
Year formed
1969
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KIM WHITEEXECUTIVE DIRECTOR
Officer
40$370,823$51,128
ERICA SEIMERSSR. ASSOC. VICE CHANCELLOR ADVANCEMENT
Key employee
40$239,297$42,089
HARRIET CHAMBERSCHIEF FINANCIAL OFFICER
Officer
40$173,218$38,444
FLOYD COGBURNASST. VICE CHANCELLOR ALUMNI AFFAIRS
Highest-paid employee
40$153,407$35,795
AMY DONAHUEASST. VICE CHANCELLOR MARKETING
Highest-paid employee
40$145,982$36,717
RYAN JONESASSISTANT ATHLETICS DIRECTOR
Highest-paid employee
40$126,596$33,739
PAUL NISWANDERDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$112,924$31,963
BRITTNEY HOLDERDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$105,983$32,721
DOUGLAS BROWNIMMEDIATE PAST CHAIR
Trustee or director, Officer
0.5$0$0
ASHLEE PATTENCHAIR
Trustee or director, Officer
0.5$0$0
DAVID DEVANEYTREASURER
Trustee or director, Officer
0.5$0$0
TODD WOMACKVICE CHAIR
Trustee or director, Officer
0.5$0$0
MARY POSTON TANNERSECRETARY
Trustee or director, Officer
0.5$0$0
KELLY ALLINGTRUSTEE
Trustee or director
0.5$0$0
TIM ARNOLDTRUSTEE
Trustee or director
0.5$0$0
24 more people on this return
NameTitleHours / weekCompensation
DAVID BELITZTRUSTEE
Trustee or director
0.5$0
MIKE BROOKSHIRETRUSTEE
Trustee or director
0.5$0
BETSY BROWNTRUSTEE
Trustee or director
0.5$0
ALAN CATESTRUSTEE
Trustee or director
0.5$0
NANCY COLLUMTRUSTEE
Trustee or director
0.5$0
GREG EAVESTRUSTEE
Trustee or director
0.5$0
SUZANNE FORLIDASTRUSTEE
Trustee or director
0.5$0
STEVE L FROSTTRUSTEE
Trustee or director
0.5$0
KEITH HELTONTRUSTEE
Trustee or director
0.5$0
KEN JONESTRUSTEE
Trustee or director
0.5$0
SCOTT LEROYTRUSTEE
Trustee or director
0.5$0
ASHLEY NICHOLSTRUSTEE
Trustee or director
0.5$0
DAVID NOBLITTRUSTEE
Trustee or director
0.5$0
KATHY O'BRIENTRUSTEE
Trustee or director
0.5$0
BRETT ROUSCHTRUSTEE
Trustee or director
0.5$0
ROGER SMITHTRUSTEE
Trustee or director
0.5$0
EDNA VARNERTRUSTEE
Trustee or director
0.5$0
ROY VAUGHNTRUSTEE
Trustee or director
0.5$0
DAVID WATSONTRUSTEE
Trustee or director
0.5$0
MARIE WEBBTRUSTEE
Trustee or director
0.5$0
FRANK WILLIAMSONTRUSTEE
Trustee or director
0.5$0
KERRY WITCHERTRUSTEE
Trustee or director
0.5$0
CLINT WOLFORDTRUSTEE
Trustee or director
0.5$0
ALBERT WOODARDTRUSTEE
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 32 people
NameTitleHours / weekCompensation
MIKE COSTELLOTRUSTEE
Trustee or director
0.5$0
DOUGLAS BROWNIMMEDIATE PAST CHAIR
Trustee or director, Officer
0.5$0
STEVE L FROSTTREASURER
Trustee or director, Officer
0.5$0
KELLY ALLINGTRUSTEE
Trustee or director
0.5$0
KEN JONESTRUSTEE
Trustee or director
0.5$0
ASHLEE PATTENCHAIR
Trustee or director, Officer
0.5$0
NANCY COLLUMTRUSTEE
Trustee or director
0.5$0
BETSY BROWNTRUSTEE
Trustee or director
0.5$0
GREG EAVESTRUSTEE
Trustee or director
0.5$0
BRETT ROUSCHTRUSTEE
Trustee or director
0.5$0
DAVID BELITZTRUSTEE
Trustee or director
0.5$0
ROGER SMITHTRUSTEE
Trustee or director
0.5$0
FRANK WILLIAMSONTRUSTEE
Trustee or director
0.5$0
CLINT WOLFORDTRUSTEE
Trustee or director
0.5$0
BENJAMIN BROWNTRUSTEE
Trustee or director
0.5$0
ALAN CATESTRUSTEE
Trustee or director
0.5$0
SCOTT LEROYTRUSTEE
Trustee or director
0.5$0
SUZANNE FORLIDASTRUSTEE
Trustee or director
0.5$0
ROY VAUGHNSECRETARY
Trustee or director, Officer
0.5$0
DAVID DEVANEYTRUSTEE
Trustee or director
0.5$0
KEITH HELTONTRUSTEE
Trustee or director
0.5$0
ASHLEY NICHOLSTRUSTEE
Trustee or director
0.5$0
EDNA VARNERTRUSTEE
Trustee or director
0.5$0
MARIE WEBBTRUSTEE
Trustee or director
0.5$0
TODD WOMACKVICE CHAIR
Trustee or director, Officer
0.5$0
KATHY O'BRIENTRUSTEE
Trustee or director
0.5$0
DONNA WILLIAMSTRUSTEE
Trustee or director
0.5$0
KERRY WITCHERTRUSTEE
Trustee or director
0.5$0
ALBERT WOODARDTRUSTEE
Trustee or director
0.5$0
MIKE KRAMERTRUSTEE
Trustee or director
0.5$0
JAY DALETRUSTEE
Trustee or director
0.5$0
KIM WHITEEXECUTIVE DIRECTOR
Officer
40$0
990 for the year ended June 30, 2023: 39 people
NameTitleHours / weekCompensation
MIKE COSTELLOIMMEDIATE PAST CHAIR
Trustee or director, Officer
0.5$0
DOUGLAS BROWNCHAIR
Trustee or director, Officer
0.5$0
STEVE L FROSTTREASURER
Trustee or director, Officer
0.5$0
KELLY ALLINGTRUSTEE
Trustee or director
0.5$0
BILL KILBRIDESECRETARY
Trustee or director, Officer
0.5$0
KEN JONESTRUSTEE
Trustee or director
0.5$0
ASHLEE PATTENVICE CHAIR
Trustee or director, Officer
0.5$0
NANCY COLLUMTRUSTEE
Trustee or director
0.5$0
BETSY BROWNTRUSTEE
Trustee or director
0.5$0
GREG EAVESTRUSTEE
Trustee or director
0.5$0
BRETT ROUSCHTRUSTEE
Trustee or director
0.5$0
DAVID BELITZTRUSTEE
Trustee or director
0.5$0
VICKY GREGGTRUSTEE
Trustee or director
0.5$0
ROGER SMITHTRUSTEE
Trustee or director
0.5$0
FRANK WILLIAMSONTRUSTEE
Trustee or director
0.5$0
CLINT WOLFORDTRUSTEE
Trustee or director
0.5$0
BENJAMIN BROWNTRUSTEE
Trustee or director
0.5$0
ALAN CATESTRUSTEE
Trustee or director
0.5$0
SCOTT LEROYTRUSTEE
Trustee or director
0.5$0
LADELL MCCULLOUGHTRUSTEE
Trustee or director
0.5$0
SUZANNE FORLIDASTRUSTEE
Trustee or director
0.5$0
ROY VAUGHNTRUSTEE
Trustee or director
0.5$0
MILLER WELBORNTRUSTEE
Trustee or director
0.5$0
RICHARD JOHNSONTRUSTEE
Trustee or director
0.5$0
JAY DALETRUSTEE
Trustee or director
0.5$0
DAVID DEVANEYTRUSTEE
Trustee or director
0.5$0
KEITH HELTONTRUSTEE
Trustee or director
0.5$0
BEN MILLERTRUSTEE
Trustee or director
0.5$0
ASHLEY NICHOLSTRUSTEE
Trustee or director
0.5$0
BETTYELYNN SMTIHTRUSTEE
Trustee or director
0.5$0
EDNA VARNERTRUSTEE
Trustee or director
0.5$0
MARIE WEBBTRUSTEE
Trustee or director
0.5$0
TODD WOMACKTRUSTEE
Trustee or director
0.5$0
DAVID KRAMERTRUSTEE
Trustee or director
0.5$0
KATHY O'BRIENTRUSTEE
Trustee or director
0.5$0
DONNA WILLIAMSTRUSTEE
Trustee or director
0.5$0
KERRY WITCHERTRUSTEE
Trustee or director
0.5$0
ALBERT WOODARDTRUSTEE
Trustee or director
0.5$0
KIM WHITEEXECUTIVE DIRECTOR
Officer
40$0

Address and contacts

Address (IRS master file)
615 MCCALLIE AVENUE DEPT 6806, CHATTANOOGA, TN 37403-2504
Principal officer (990 for 2024)
ASHLEE PATTEN, 615 MCCALLIE AVENUE DEPT 6806, CHATTANOOGA, TN 37403
Signed the 990
HARRIET CHAMBERS, CFO
Phone
(423) 425-4787
Return prepared by
MAULDIN & JENKINS LLC

Mission

SUPPORT OF HIGHER EDUCATION THROUGH SPECIAL PROJECTS OF THE UNIVERSITY OF TENNESSEE AT CHATTANOOGA

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT OF HIGHER EDUCATION THROUGH SPECIAL PROJECTS OF THE UNIVERSITY OF TENNESSEE AT CHATTANOOGA
    Expenses $9,980,238 · grants $9,980,238

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-0476521
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$325,169,427
Income (IRS master file)
$121,000,106

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$52,026,220$15,860,310$325,169,427IRS
990-TJune 2025–––IRS
990June 2024$55,966,920$17,657,131$286,926,920XML
990-TJune 2024–––IRS
990June 2023$11,679,125$13,788,886$238,636,483XML
990-TJune 2023–––IRS
990June 2022$12,953,560$10,161,566$205,885,270IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-0476521).

Questions about UNIVERSITY OF CHATTANOOGA FOUNDATION INC

What is the EIN of UNIVERSITY OF CHATTANOOGA FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY OF CHATTANOOGA FOUNDATION INC is 62-0476521.
Is UNIVERSITY OF CHATTANOOGA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to UNIVERSITY OF CHATTANOOGA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF CHATTANOOGA FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF CHATTANOOGA FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF CHATTANOOGA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF CHATTANOOGA FOUNDATION INC?
The 990 for the year ended June 30, 2025 names ASHLEE PATTEN.
Who are the officers and directors of UNIVERSITY OF CHATTANOOGA FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 39 people; 8 received compensation from the organization, the highest $370,823 (KIM WHITE, EXECUTIVE DIRECTOR).
How much revenue does UNIVERSITY OF CHATTANOOGA FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $52,026,220, expenses of $15,860,310 and total assets of $325,169,427 at year end.

Other nonprofits in CHATTANOOGA

All nonprofits in CHATTANOOGA · Tennessee · Education