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Tennessee · Private foundation

Hamico Inc

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$1.8M
Granted FY2024(still arriving)
51
Grants FY2024
47
Organizations funded FY2023
26%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$10,000
Largest grant, FY2024
$315,050
Organizations funded a year
44 to 55
FY2017 to FY2023
States reached, FY2024
3
Total assets, FY2024
$50M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 26% of the organizations Hamico Inc funded were first-time grantees, receiving 14% of its grant dollars.

New vs renewed · share of each year

In FY2023, 86% of grant dollars renewed an existing relationship; $302k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
EducationPhilanthropyHealthHuman ServicesArts & CulturePublic BenefitOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving50$1.8M6%
FY202347$2.1M26%
FY202244$1.7M34%
FY202144$2.5M23%
FY202051$2.0M37%
FY201955$2.4M35%
FY201854$2.5M33%
FY201753$2.4Mn/a
94% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Philanthropy$5.3MEducation$5.1MHealth$2.2MYouth Development$1.1MHuman Services$739kArts & Culture$373kRecreation & Sports$325kCommunity Improvement$305kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 80 grantees
All grantees of Hamico Inc by total granted
GranteeTotal grantedYearsShare of their budget
Baylor School$3,008,21582%
Memorial Health Care System Foundation Inc$1,702,050833%
United Way of Greater Chattanooga$846,90052%
On Point$587,50079%
Chattanooga Christian School Inc$534,00031%
Chambliss Center for Children$278,50082%
University of the South$250,00020%
Boys and Girls Clubs of Chattanooga Inc$234,00083%
Montessori Elementary at Highland Park$200,00023%
Siskin Hospital for Physical Rehabilitation Inc$195,00050%
Warrior Freedom Service Dogs Inc$183,500526%
Bright School Inc$158,00060%
Humane Educational Society of Chattanooga Tennessee Inc$155,00062%
University of Chattanooga Foundation Inc$150,00011%
Chattanooga Chamber Foundation$135,00051%
La Paz de Dios Inc$132,50043%
Habitat for Humanity of Greater Chattanooga Area Inc$130,00023%
Chattanooga Area Food Bank Inc$130,00030%
Artsbuild$100,00088%
A Step Ahead Foundation Inc$85,00071%
Junior League of Chattanooga$75,000514%
Mose & Garrison Siskin Memorial Fdn Inc D/B/A Siskin Children's Institute$73,00070%
Launch Inc$72,00063%
Signal Centers Inc$65,00021%
Austin Hatcher Foundation for Pediatric Cancer$63,20071%
Metropolitan Ministries Inc$56,30072%
Charles H Coolidge National Medal of Honor Heritage Center Inc$51,50022%
Chattanoogahamilton County Public Education Fund$50,00021%
Tech Town Foundation Inc$50,00027%
Creative Discovery Museum$50,00011%
Friends of the Festival Inc$47,500412%
Pursuit of Happiness$46,0503n/a
The Brock Center$41,750312%
Habitat for Humanity$35,000231%
Southern Tennis Patrons Foundation$35,00028%
Hamilton County Schools Foundation$35,00018%
Camellia Foundation Inc$30,00020%
First Things First Inc$25,00012%
National Center for Youth Issues$20,00060%
Women's Fund of Greater Chattanooga$17,50071%
Chattanooga Theatre Centre Inc$17,50021%
Northside Neighborhood House$15,00060%
Girls Inc of Chattanooga$15,0002n/a
Mary Walker Historical and Educational Foundation Inc$15,00024%
Association for Visual Artists$15,00061%
Breakthrough T1d$12,80050%
Polly Boyd Scholarship Fund$11,00065%
The Blexit Foundation Inc$10,00010%
Chattanooga Women's Leadership$10,00013%
Manker Patten Tennis Club Inc$10,00011%
Fellowship of Christian Athletes$8,00020%
Epilepsy Foundation of Southeast Tenness$7,50023%
North Shore Fellowship$7,5002n/a
Scenic City Women's Network$7,50033%
The Speech and Hearing Center$7,00020%
American Cancer Society Inc$5,26420%
Erlanger Foundation$5,00010%
The Chattanooga Public Library Foundation$5,00012%
Fifty Plus Foundation Inc$5,00015%
Lula Lake Land Trust$5,00012%
Wreaths Across Chattanooga$4,50021%
The Stadium Corp$4,07620%
The Orange Grove Center Inc$3,54320%
The Tivoli Theatre Foundation Inc$3,50020%
Daisys Tale Inc$3,4002n/a
Chatt Foundation$3,00020%
Causeway Inc$3,00030%
Jordan Thomas Foundation Inc$3,00011%
Southern Lit Alliance$3,0002n/a
Urban Collective$3,0002n/a
Chattanooga Elite Basketball Inc$2,50011%
Huntsman Cancer Foundation$2,47210%
Houston Museum of Decorative Arts$2,22530%
The Kidney Foundation of the Greater Chattanooga Area Inc$1,50010%
Lipscomb University$1,25010%
Chattanooga Tennis Association Inc$1,0001n/a
Emily's Power for a Cure$1,00011%
Animal Care Trust$1,00010%
The Momentum Network$92710%
Chattanooga Endeavors Inc$5001n/a

What it could do for these grantees

Plus 69 recipients with no EIN on record ($7.1M), not named here.

Where it is load-bearing

Hamico Inc supplied at least a quarter of the budget for 3 of its grantees at some point. The chart plots its 72 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetBaylor School: $3,008,215 over 8y, 1.7% of budgetMemorial Health Care System Foundation Inc: $1,702,050 over 8y, 33% of budgetUnited Way of Greater Chattanooga: $846,900 over 5y, 2.1% of budgetOn Point: $587,500 over 7y, 8.8% of budgetChattanooga Christian School Inc: $534,000 over 3y, 1.0% of budgetChambliss Center for Children: $278,500 over 8y, 1.7% of budgetUniversity of the South: $250,000 over 2y, 0.1% of budgetBoys and Girls Clubs of Chattanooga Inc: $234,000 over 8y, 2.6% of budgetMontessori Elementary at Highland Park: $200,000 over 2y, 2.8% of budgetSiskin Hospital for Physical Rehabilitation Inc: $195,000 over 5y, 0.2% of budgetWarrior Freedom Service Dogs Inc: $183,500 over 5y, 26% of budgetBright School Inc: $158,000 over 6y, 0.1% of budgetHumane Educational Society of Chattanooga Tennessee Inc: $155,000 over 6y, 2.0% of budgetUniversity of Chattanooga Foundation Inc: $150,000 over 1y, 1.3% of budgetChattanooga Chamber Foundation: $135,000 over 5y, 0.6% of budgetLa Paz de Dios Inc: $132,500 over 4y, 3.1% of budgetHabitat for Humanity of Greater Chattanooga Area Inc: $130,000 over 2y, 2.5% of budgetChattanooga Area Food Bank Inc: $130,000 over 3y, 0.1% of budgetArtsbuild: $100,000 over 8y, 8.0% of budgetA Step Ahead Foundation Inc: $85,000 over 7y, 0.9% of budgetJunior League of Chattanooga: $75,000 over 5y, 14% of budgetMose & Garrison Siskin Memorial Fdn Inc D/B/A Siskin Children's Institute: $73,000 over 7y, 0.2% of budgetLaunch Inc: $72,000 over 6y, 2.8% of budgetSignal Centers Inc: $65,000 over 2y, 0.7% of budgetAustin Hatcher Foundation for Pediatric Cancer: $63,200 over 7y, 0.8% of budgetMetropolitan Ministries Inc: $56,300 over 7y, 1.6% of budgetCharles H Coolidge National Medal of Honor Heritage Center Inc: $51,500 over 2y, 1.7% of budgetChattanoogahamilton County Public Education Fund: $50,000 over 2y, 1.1% of budgetTech Town Foundation Inc: $50,000 over 2y, 7.3% of budgetCreative Discovery Museum: $50,000 over 1y, 0.8% of budgetFriends of the Festival Inc: $47,500 over 4y, 12% of budgetThe Brock Center: $41,750 over 3y, 12% of budgetHabitat for Humanity: $35,000 over 2y, 31% of budgetSouthern Tennis Patrons Foundation: $35,000 over 2y, 8.5% of budgetHamilton County Schools Foundation: $35,000 over 1y, 8.4% of budgetCamellia Foundation Inc: $30,000 over 2y, 0.4% of budgetFirst Things First Inc: $25,000 over 1y, 1.7% of budgetNational Center for Youth Issues: $20,000 over 6y, 0.2% of budgetWomen's Fund of Greater Chattanooga: $17,500 over 7y, 1.3% of budgetChattanooga Theatre Centre Inc: $17,500 over 2y, 0.8% of budgetNorthside Neighborhood House: $15,000 over 6y, 0.1% of budgetMary Walker Historical and Educational Foundation Inc: $15,000 over 2y, 4.2% of budgetAssociation for Visual Artists: $15,000 over 6y, 0.7% of budgetBreakthrough T1d: $12,800 over 5y, 0.0% of budgetPolly Boyd Scholarship Fund: $11,000 over 6y, 4.6% of budgetThe Blexit Foundation Inc: $10,000 over 1y, 0.4% of budgetChattanooga Women's Leadership: $10,000 over 1y, 3.0% of budgetManker Patten Tennis Club Inc: $10,000 over 1y, 1.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 72.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Chattanooga Christian Community FoundationTN85.5× affinity45 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Chattanooga Christian Community Foundation · The Community Foundation of Greater Chattanooga Inc · Benwood Foundation Inc · Weldon F Osborne Foundation Inc · Robert L & Kathrina H Maclellan Founda Foundation · Robert F Stone Foundation AKA Bobby Stone Foundation · The Maclellan Foundation Inc · Lyndhurst Foundation Inc · Tucker Foundation · The Howard Fund · George R Johnson Family Foundation · Southern Health Plan Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Hamico Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Hamico Inc?

Find your warmest path to Hamico Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Hamico Inc

How much does Hamico Inc give?
Hamico Inc reported 51 grants totaling $1,832,216 in its FY2024 IRS filing. It funded between 44 and 55 organizations a year over FY2017 to FY2023.
What does Hamico Inc fund?
By grant dollars over FY2017 to FY2024, its largest causes are Philanthropy (30%), Education (29%), Health (12%).
Who are Hamico Inc's largest grantees?
By total granted over FY2017 to FY2024: Baylor School ($3.0M), Memorial Health Care System Foundation Inc ($1.7M), United Way of Greater Chattanooga ($847k).
Does Hamico Inc fund new organizations?
In FY2023, 26% of the organizations it funded were first-time grantees.
Does Hamico Inc accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Hamico Inc?
Its strongest co-funders, measured against what their size predicts, include Chattanooga Christian Community Foundation, The Community Foundation of Greater Chattanooga Inc, Benwood Foundation Inc.
Where is Hamico Inc based?
Hamico Inc is based in TN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 151 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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