Skip to main content

Nonprofit · EIN 81-3722308

HOWARD FUND

Tax-exempt · CHATTANOOGA, TN 37408

Financials

$3M$1.3M2023$8K$244K2024
Revenue Expenses · by fiscal year end
Financials of HOWARD FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,089$244,066-$235,977$12,517,635$372,500$12,145,135
December 31, 2023990$2,985,844$1,290,289$1,695,555$11,336,902$785,000$10,551,902
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$8,089
Other revenue
$0

Expenses

Grants and similar amounts paid
$190,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,992
Program services (functional)
$190,000
Management and general (functional)
$54,066

Balance sheet and other

Total assets, start of year
$11,336,902
Total assets, end of year
$12,517,635
Total liabilities, end of year
$372,500
Net assets, end of year
$12,145,135
Net assets without donor restrictions
$12,145,135
Gross receipts
$8,089
Employees
0
Volunteers
5
Year formed
2016
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MAEGHAN JONESPRESIDENT - COMM. FNDN. GR. CHATT.
Officer
1$0$220,698$32,548
JOSEPH H DAVENPORT IIIPRESIDENT
Trustee or director, Officer
4$0$0$0
JOSEPH H DAVENPORT IVSECRETARY AND TREASURER
Trustee or director, Officer
4$0$0$0
TED ALLINGDIRECTOR
Trustee or director
1$0$0$0
PATRICK STOWEDIRECTOR
Trustee or director
1$0$0$0
LESLEY SCEARCEDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MAEGHAN JONESPRESIDENT - CFGC
Highest-paid employee
1$0$213,191$32,046
JOSEPH H DAVENPORT IIIPRESIDENT
Trustee or director, Officer
4$0$0$0
JOSEPH H DAVENPORT IVSECRETARY AND TREASURER
Trustee or director, Officer
4$0$0$0
TED ALLINGDIRECTOR
Trustee or director
1$0$0$0
PATRICK STOWEDIRECTOR
Trustee or director
1$0$0$0
LESLEY SCEARCEDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1400 WILLIAMS STREET 1100, CHATTANOOGA, TN 37408-1140
In care of
% JOSEPH H DAVENPORT III
Principal officer (990 for 2024)
JOSEPH H DAVENPORT III, 1400 WILLIAMS STREET 1100, CHATTANOOGA, TN 37408
Signed the 990
JOSEPH H DAVENPORT III, PRESIDENT
Phone
(423) 266-3544
Return prepared by
MAULDIN & JENKINS LLC

Mission

THE FUND WAS ESTABLISHED AS A SUPPORTING ORGANIZATION OF THE COMMUNITY FOUNDATION OF GREATER CHATTANOOGA (CFGC). THE MISSION OF CFGC IS TO TRANSFORM GENEROSITY INTO LASTING CHANGE TOWARD A PROSPEROUS AND JUST CHATTANOOGA WHERE ALL CAN THRIVE AND ACHIEVE THEIR FULL POTENTIAL.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING FUNDS FOR HEALTHCARE, PUBLIC EDUCATION, ARTS, AND ENVIRONMENTAL CONSERVATION.
    Expenses $190,000 · grants $190,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-3722308
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$12,517,635
Income (IRS master file)
$8,089

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,089$244,066$12,517,635XML
990December 2023$2,985,844$1,290,289$11,336,902XML
990December 2022$296,820$504,839$7,965,529IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 81-3722308).

Questions about HOWARD FUND

What is the EIN of HOWARD FUND?
The employer identification number (EIN) of HOWARD FUND is 81-3722308.
Is HOWARD FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to HOWARD FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does HOWARD FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HOWARD FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOWARD FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HOWARD FUND?
The 990 for the year ended December 31, 2024 names JOSEPH H DAVENPORT III.
Who are the officers and directors of HOWARD FUND?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does HOWARD FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,089, expenses of $244,066 and total assets of $12,517,635 at year end.

Other nonprofits in CHATTANOOGA

All nonprofits in CHATTANOOGA · Tennessee · Philanthropy, voluntarism and grantmaking foundations