The Hamilton County Schools Foundation (HCSF) was formed to cultivate philanthropy in support of the strategic initiatives of Hamilton County Schools, the public school district in Hamilton County, Tennessee. The mission of HCSF is to support educational opportunities and excellence for ALL students through the effective mobilization of resources, relationships, and innovation. Activity areas align with the strategic focus areas of Hamilton County Schools and include Accelerating Student Achievement, Innovation, Great Teachers and Leaders, and Engaged Community.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $114K a year · 25% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $150K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$512K
+23% vs prior year
Spent
$574K
To programs
98%
Net assets
$147K
By yearFY2021–FY2023
Revenue
$512K
FY2022▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2021$417K
FY2022$512K
FY2023$433K
Expenses
$574K
FY2022▲ +175%
Tap a bar for its year
Expenses by fiscal year
FY2021$208K
FY2022$574K
FY2023$239K
Net assets
$147K
FY2022▼ -29%
Tap a bar for its year
Net assets by fiscal year
FY2021$209K
FY2022$147K
FY2023$338K

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Feb 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $562K Management & general 0% · $3K Fundraising 2% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chair Emeritus
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director (ex-Officio)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Hamilton County Schools Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports public schools through fundraising and strategic initiatives for student achievement and excellence.

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Provided by the organization

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3 programs · $459K · in their own filed words · FY2021
01

Accelerating Student Achievement

HCS Literacy Officer - Funding for Literacy Officer at Hamilton County Schools. Literacy work will support the district's strategic plan, including the focus performance target to have at least 50% of all third grade students scoring proficient or advanced as measured by the TN Ready ELA assessment.

$362Kprogram expense
02

Innovation

Equipment, supplies, and materials for the new Brown Center of Innovation, Battle Academy Innovation Labs, and Howard Connect Academy Dynamo Studios partnership.

$70Kprogram expense
03

Engaged Community

Better Together district-wide day of service, including beautification projects for 26 school campuses. Day at the Game for Hamilton County students in Partnership with University of Tennessee at Chattanooga.

$27Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$150K
Grants paid · 12 grants · $843K · 2020–2022
Hamilton County Department of EducationFY2022$140,688
Unitemized GrantFY2022$4,500
Unitemized GrantFY2022$4,500
Unitemized GrantFY2022$2,000
Hamilton County Department of EducationFY2021$433,750
Northside Neighborhood HouseTN · FY2021$50,000
Dynamo StudiosTN · FY2021$10,000
Unitemized GrantFY2021$4,000
Unitemized GrantFY2021$2,000
Unitemized GrantFY2021$800
Hamilton County Department of EducationFY2020$175,872

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$512K
Ln 12
Gifts and grantsLn 1h$512K
Money outPt IX
$574K
Ln 25
Programscol B$562K
Managementcol C$3K
Fundraisingcol D$9K
Owns and owesPt X
$147K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$147K
LiabilitiesLn 26$0
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$512K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$47K
Total revenueLn 12$512K
Assets in detailPt X, end of year
CashLn 1$147K
SavingsLn 2$0
Cash and savings togetherLn 1–2$147K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$147K
LiabilitiesLn 26$0
Net assetsLn 32$147K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$209K$147K
InvestmentsLn 11–13$0$0
Total assetsLn 16$209K$147K
LiabilitiesLn 26$0$0
Net assetsLn 32$209K$147K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$509K$509K
Grants to domestic individualsLn 2$7K$7K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$220$220
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$24K$24K$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$1K$0$1K$0
Information technologyLn 14$476$0$476$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$9K$0$0$9K
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$0$0$0$0
Other expenses (24a–d)Ln 24$23K$22K$962$0
Total functional expensesLn 25$574K$562K$3K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $433K$239K$193K$338K 990 PDF
FY2022 Viewing $512K$574K−$61K$147K 990 PDF
FY2021 $417K$208K$209K$209K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $512,171 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $416,809$512,171
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $416,809$512,171
I-13 Grants and similar amounts paidPrior year $175,872$515,522
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $32,331$58,071
I-18 Total expensesPrior year $208,203$573,593
I-19 Revenue less expensesPrior year $208,606−$61,422
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $512,171 across 10 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$46,734
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$465,437
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$512,171
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$512,171
Part IX · Statement of functional expenses $573,593 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $508,722$508,722
IX-2 Grants to domestic individualsPrograms $6,800$6,800
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesManagement $220$220
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $24,155 · Management $0 · Fundraising $0$24,155
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $0 · Management $1,204 · Fundraising $0$1,204
IX-14 Information technologyPrograms $0 · Management $476 · Fundraising $0$476
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $8,797$8,797
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Programs $22,257 · Management $962 · Fundraising $0$23,219
IX-25 Total functional expensesPrograms $561,934 · Management $2,862 · Fundraising $8,797$573,593
Part X · Balance sheet $147,184 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $208,606$147,184
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $208,606$147,184
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $157,961$107,170
X-28 Net assets with donor restrictionsStart of year $50,645$40,014
X-32 Total net assets or fund balancesStart of year $208,606$147,184
X-33 Total liabilities and net assetsStart of year $208,606$147,184
Part XI · Reconciliation of net assets $147,184 net assets at year end
XI-1 Total revenue$512,171
XI-2 Total expenses$573,593
XI-3 Revenue less expenses−$61,422
XI-4 Net assets at start of year$208,606
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$147,184

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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