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Lyndhurst Foundation Inc

Chattanooga, TN Tax ID: 62-6044177 www.lyndhurstfoundation.org

The Lyndhurst Foundation Inc is a Chattanooga-based philanthropic organization with over $123 million in assets, focusing on arts, education, environment, and community development, supporting projects across the U.S., and led by a board including Chairman Tom White and President Benic M Clark III.

About Lyndhurst Foundation Inc

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Lyndhurst Foundation Inc, based in Chattanooga, Tennessee, is a philanthropic organization with assets totaling over $123 million. The foundation focuses on funding initiatives in various subject areas including arts and culture, education (specifically elementary and secondary education), the environment, and community and economic development. It supports projects across numerous cities and states in the U.S., including major cities like Atlanta, Boston, Chicago, and New York. The foundation's leadership includes Tom White as Chairman of the Board and Benic M Clark III as President and Treasurer, who receives a compensation of $309,160. The foundation's expenses amount to approximately $5.67 million, with a revenue of about $2.72 million. The board consists of several trustees, some of whom receive compensation for their roles.

Focus Areas

Arts and cultureEducationElementary and secondary educationElementary educationSecondary educationEnvironmentCommunity and economic developmentHousing development- Less

Geographic Focus

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Key Statistics
Total Assets $123.2M
Total Awarded This Year $4.1M
Average Grant Size $139
Total Grants (Previous Year) 30,710
Open to New Applicants
% New Applicants Funded
Contact Information
Chattanooga, TN
Geographic Funding Distribution

Financials

Total Assets
$123.2M

+2.6% from previous year

Annual Grants
$4.1M

120 grants awarded in 2024

Expense Ratio
208.4%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$880,000Open Space Institute IncCradle of Southern Appalachia Land Protection FundNew york, NY, US2022
$880,000Open Space Institute IncCradle of Southern Appalachia Land Protection FundNew york, NY, US2023
$635,000CNEInfill Missing Middle Housing and Case Study, Money SchoolChattanooga, TN, US2023
$500,000Tivoli Theatre FoundationTivoli - Phase 1 ConstructionChattanooga, TN, US2023
$495,000Public Education FdnProject Inspire, Teacher Residency, East Ridge HS Celebration of Learning DayChattanooga, TN, US2023
$487,500CNEMissing Middle Housing and Supportive PrototypesChattanooga, TN, US2024
$420,000RISE ChattanoogaRenovation of RISE headquarters, Community Development Plan, General OperationsChattanooga, TN, US2023
$415,000Chattanooga Design StudioGeneral Operations, CIVIQ Lecture Series, Educational Curriculum, Plan and Design ImplementationChattanooga, TN, US2023
$410,000CNEAffordable Housing and Money School 2021Chattanooga, TN, US2022
$403,000ArtsBuildOperation support, Trenton Mural, and Climate ProjectChattanooga, TN, US2023

People

Leadership & Staff

Compensation data from most recent available 990 forms

TW

Tom White

Chairman of the Board

$0 2024
DB

Dana B Perry

Trustee, Secretary

$0 2024
AC

Andrew Carroll

Trustee

$7,000 2024
MC

Melony Collins

Trustee

$4,000 2024
CN

Carter Newbold

Trustee

$0 2024
Showing 5 of 9 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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