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Hamico Inc at a glance

· 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 FY2024still arriving
51
Grants FY2024still arriving
3
States reached
$315k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0194% 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
02FY2024 · 51 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k25 grants · $77k
  • $10k–50k15 grants · $309k
  • $50k–250k9 grants · $855k
  • $250k+2 grants · $592k
$10,000
Median grant
3
States reached
$50M
Total assets
Largest grants
RecipientAmount
CHI MEMORIAL FOUNDATION$315,050
BAYLOR SCHOOL$276,760
UNITED WAY OF GREATER CHATTANOOGA$207,000
UCF HONORS COLLEGE SCHOLARSHIP$150,000
CHATTANOOGA CHRISTIAN SCHOOL$134,000
BOYS & GIRLS CLUB OF CHATTANOOGA$80,000
ON POINT$77,500
CHATTANOOGA AREA FOODBANK$55,000
ST PETER'S EPISCOPAL SCHOOL$51,000
LAPAZ CHATTANOOGA$50,000
CHILDREN'S ADVOCACY CENTER$50,000
HUMANE EDUCATIONAL SOCIETY$40,000
CHATTANOOGA 20$35,000
HABITAT FOR HUMANITY$30,000
SISKIN HOSPITAL FOR PHYS REHABILITATION$25,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–24, $244k) land where the poverty rate runs at 13%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%A STEP AHEAD FOUNDATION: $15k → 17%A STEP AHEAD FOUNDATION: $15k → 17%A STEP AHEAD FOUNDATION: $10k → 17%A STEP AHEAD FOUNDATION: $10k → 17%A STEP AHEAD FOUNDATION: $10k → 17%A STEP AHEAD FOUNDATION: $20k → 14%LAPAZ CHATTANOOGA: $50k → 12%A STEP AHEAD FOUNDATION: $5k → 14%LAPAZ CHATTANOOGA: $33k → 12%LA PAZ CHATTANOOGA: $25k → 12%LA PAZ CHATTANOOGA: $25k → 12%NORTHSIDE NEIGHBORHOOD HOUSE: $3k → 14%NORTHSIDE NEIGHBORHOOD HOUSE: $3k → 14%NORTHSIDE NEIGHBORHOOD HOUSE: $3k → 14%NORTHSIDE NEIGHBORHOOD HOUSE: $3k → 14%NORTHSIDE NEIGHBORHOOD HOUSE: $3k → 14%NORTHSIDE NEIGHBORHOOD HOUSE: $3k → 14%SCENIC CITY WOMEN'S NETWORK: $3k → 12%SCENIC CITY WOMEN'S NETWORK: $3k → 12%ORANGE GROVE CENTER: $3k → 12%SCENIC CITY WOMEN'S NETWORK: $3k → 12%ORANGE GROVE CENTER: $1k → 12%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

92%of every dollar goes to organizations it has funded before.
$16M · 95 repeat orgs$1.3M to everyone else

Grantees it renews have grown median revenue +50% since the first grant, against -8% for those funded once.

95 repeat relationships: 47 still active in FY2024, 48 since wound down; 3 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

95
51

Total granted

$16M
$1.3M

Median revenue growth · since first grant

+50%
-8%

Still filing today

56%
31%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $5k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
EducationHealthPhilanthropyArts & CultureHuman ServicesCommunity ImprovementOther
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.

Backed again, and grew

  • BS
    BAYLOR SCHOOL
    8× · 2017–2024 · $3.0M · revenue +46%
  • MH
    MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC
    8× · 2017–2024 · $1.7M · revenue +260% · 33% of their budget
  • UW
    UNITED WAY OF GREATER CHATTANOOGA
    5× · 2020–2024 · $847k · revenue +41%

Funded once

  • CF
    COMMUNITY FOUNDATION DAF
    one grant, 2020 · $200k
  • UW
    UCF WOLFORD FAMILY ATHLETICS COMPLEX
    one grant, 2021 · $167k
  • UO
    UNIVERSITY OF CHATTANOOGA FOUNDATION INCgraduated
    one grant, 2023 · $150k · revenue +346%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Chattanooga Technology Council Inc

Our mission is to connect chattanooga's technology sector to drive regional economic growth.

Community Improvement
2
Chattanooga Design Studio

Chattanooga design studio seeks to elevate the quality of life for all citizens through guidance, collaboration, innovation, and education that promotes livable, accessible, walkable, and humane urban design.

Community Improvement
3
Carter Street Corporation

Encourage economic development

Community Improvement
4
Chattacademy Community Schools Inc

The mission of chattacademy is to reimagine what public education can look like in chattanooga, tennessee. chattacademy's mission is to graduate bilingual, biliterate critical thinkers ready to make an impact on the world through top…

Education
5
Chattanooga Regional Homeless Coalition Inc

To advocate for people who are homless or near homeless, strategically planning for housing and services in the community, maximizing resources and collaboarating with community partners to implement housing and services within the…

Community Improvement
6
Chattanooga Symphony & Opera Association

To provide high-quality musical presentations and educational programs in the chattanooga area

Arts & Culture
7
Chattanooga Neighborhood Enterprise

Mission: to create economically diverse neighborhoods filled with financially empowered citizens and housing for all.vision: all chattanoogans can afford a safe place in a strong neighborhood to call home. belief: we believe the future of…

Housing & Shelter
8
The Chattanooga Ballet

To serve through the power of dance.

—
9
Invest Chattanooga

Invest chattanooga uses flexible, low-cost capital and strategic public-private partnerships to produce financially sustainable, mixed-income housing with deep permanent affordability that the market alone cannot deliver.

Housing & Shelter
10
Tennesseans for Quality Early Education

To advance state policies and practices that ensure all tennessee children from birth through 3rd grade get the high quality early education they need to power our state's future.

Education
11
United Way of South Central Tennessee

The united way of south central tennessee's mission is to improve lives by advancing opportunities for education, health, and financial stability for all. its vision is to be the primary community solutions leader for human services.

—
12
Preserve Chattanooga Inc Formerly Cornerstones Inc

To protect the architectural heritage of chattanooga through historic preservation, advocacy, and education

Arts & Culture
How this is measured
The grantee most central to the portfolio’s shape is The Community Foundation of Greater Chattanooga Inc; the most unlike its peers is Polly Boyd Scholarship Fund. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

78 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 78 of the 151 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

3
Load-bearing (≥25% of a budget)
27
Early backer (in before they grew)
73/78
Grantees still filing
58/78
Grew since first funded

Where the money sits, by cause and then by grantee

COMMUNITY FOUNDATION: $3,238,248 · OtherCOMMUNITY FOUNDATIONMEMORIAL HEALTH CARE SYSTEM FOUNDATION INC: $1,702,050 · OtherMEMORIAL HEALTH CARE SYSTEM FOUNDATION INCUNITED WAY OF CHATTANOOGA: $627,800 · OtherUNITED WAY OF CHATTANOOGAUC FOUNDATION: $610,063 · OtherUC FOUNDATION+105 more: $4,231,188 · Other+105 moreBAYLOR SCHOOL: $3,008,215 · EducationBAYLOR SCHOOLCHATTANOOGA CHRISTIAN SCHOOL INC: $534,000 · EducationCHATTANOOGA CHRISTIAN SCHOOL …UNIVERSITY OF THE SOUTH: $250,000 · EducationUNIVERSITY OF THE SOUTHMONTESSORI ELEMENTARY AT HIGHLAND PARK: $200,000 · EducationBRIGHT SCHOOL INC: $158,000 · Education+6 more: $354,750 · Education+6 moreUNITED WAY OF GREATER CHATTANOOGA: $846,900 · PhilanthropyCHATTANOOGA CHAMBER FOUNDATION: $135,000 · PhilanthropyThe Community Foundation of Greater Chattanooga Inc: $96,000 · PhilanthropyAUSTIN HATCHER FOUNDATION FOR PEDIATRIC CANCER: $63,200 · Philanthropy+4 more: $29,500 · PhilanthropyON POINT: $587,500 · HealthSISKIN HOSPITAL FOR PHYSICAL REHABILITATION INC: $195,000 · HealthCamellia Foundation Inc: $30,000 · Health+7 more: $61,036 · HealthLA PAZ DE DIOS INC: $132,500 · Human ServicesA STEP AHEAD FOUNDATION INC: $85,000 · Human ServicesNORTHSIDE NEIGHBORHOOD HOUSE: $15,000 · Human Services+2 more: $11,043 · Human ServicesWARRIOR FREEDOM SERVICE DOGS INC: $183,500 · Public Benefit+2 more: $5,427 · Public BenefitARTSBUILD: $100,000 · Arts & CultureCreative Discovery Museum: $50,000 · Arts & CultureASSOCIATION FOR VISUAL ARTISTS: $15,000 · Arts & Culture+2 more: $5,725 · Arts & Culture
Other$10,409,349Education$4,504,965Philanthropy$1,170,600Health$873,536Human Services$243,543Public Benefit$188,927Arts & Culture$170,725

Each grantee by its size and the funder’s share of it; top left is load-bearing

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 budgetThe Community Foundation of Greater Chattanooga Inc: $96,000 over 1y, 0.2% 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 budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds BAYLOR SCHOOL ↗
  • Who funds MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC ↗
  • Who funds UNITED WAY OF GREATER CHATTANOOGA ↗
  • Who funds ON POINT ↗
  • Who funds CHATTANOOGA CHRISTIAN SCHOOL INC ↗
  • Who funds CHAMBLISS CENTER FOR CHILDREN ↗
  • Who funds UNIVERSITY OF THE SOUTH ↗
  • Who funds BOYS AND GIRLS CLUBS OF CHATTANOOGA INC ↗
  • Who funds MONTESSORI ELEMENTARY AT HIGHLAND PARK ↗
  • Who funds SISKIN HOSPITAL FOR PHYSICAL REHABILITATION INC ↗
  • Who funds WARRIOR FREEDOM SERVICE DOGS INC ↗
  • Who funds BRIGHT SCHOOL INC ↗
  • Who funds HUMANE EDUCATIONAL SOCIETY OF CHATTANOOGA TENNESSEE INC ↗
  • Who funds UNIVERSITY OF CHATTANOOGA FOUNDATION INC ↗
  • Who funds CHATTANOOGA CHAMBER FOUNDATION ↗
  • Who funds LA PAZ DE DIOS INC ↗
  • Who funds HABITAT FOR HUMANITY OF GREATER CHATTANOOGA AREA INC ↗
  • Who funds Chattanooga Area Food Bank Inc ↗
  • Who funds ARTSBUILD ↗
  • Who funds The Community Foundation of Greater Chattanooga Inc ↗
  • Who funds A STEP AHEAD FOUNDATION INC ↗
  • Who funds JUNIOR LEAGUE OF CHATTANOOGA ↗
  • Who funds MOSE & GARRISON SISKIN MEMORIAL FDN INC D/B/A SISKIN CHILDREN'S INSTITUTE ↗
  • Who funds LAUNCH INC ↗
  • Who funds SIGNAL CENTERS INC ↗
  • Who funds AUSTIN HATCHER FOUNDATION FOR PEDIATRIC CANCER ↗

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…The Community Foundat…Benwood Foundation IncWeldon F Osborne Foun…Robert L & Kathrina H…Robert F Stone Founda…The Maclellan Foundat…Lyndhurst Foundation …Tucker FoundationThe Howard FundGeorge R Johnson Fami…Southern Health Plan …
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.

How much its grantees rely on government

Each dot is one organization Hamico Inc funds: left to right is the share of its income from government, bottom to top the share from Hamico Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%3%10%23%40%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    31report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–75%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    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.

    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

    Play a game based on Hamico’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home