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Tennessee · Public charity

The Rivercity Company

THE RIVERCITY COMPANY's mission is to assist and support the chattanooga city and hamilton county governments by promoting and managing the development of a vibrant, attractive and healthy downtown that is the economic, social and cultural centerpiece of the chattanooga region. THE RIVERCITY COMPANY accomplishes this by overseeing…

$70k
Granted FY2021
5
Itemized grants FY2021
5
Organizations funded FY2021
100%
First-time grantees FY2021
Read the full brief
Itemized, FY2021
$64k
The rest is grants the schedule does not break out
Median grant, FY2021
$6,000
Largest grant, FY2021
$40,000
Organizations funded a year
5 to 7
FY2017 to FY2021
States reached, FY2021
1
Total assets, FY2021
$28M

How open it is to new grantees

In FY2021, 100% of the organizations The Rivercity Company funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2021, 0% of grant dollars renewed an existing relationship; $64k went to new ones.

50%100%’18’21
RenewedFirst-time

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

’18’21
Community 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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20215$64k100%
FY20187$127k71%
FY20177$177kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2021.

Community Improvement$281kCivil Rights$40kCrime & Legal$20kFood & Nutrition$18kArts & Culture$10k

Top grantees

Largest recipients by total granted, FY2017 to FY2021, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
The Raines Group Inc$82,4531n/a
Richard H & Cora Williams Irrevocable Trust$60,0002n/a
Riverside Development$60,0003n/a
Proof$40,0001n/a
Liberty Brick$24,1452n/a
Urban League of Greater Chattanooga$12,94611%
Oddstory Brewing Company$10,0001n/a
Art120$10,000124%
Bc Brews LLC$10,0001n/a
423 St Francis$10,0001n/a
Show all 16 grantees
All grantees of The Rivercity Company by total granted
GranteeTotal grantedYearsShare of their budget
The Raines Group Inc$82,4531n/a
Richard H & Cora Williams Irrevocable Trust$60,0002n/a
Riverside Development$60,0003n/a
Proof$40,0001n/a
Liberty Brick$24,1452n/a
Urban League of Greater Chattanooga$12,94611%
Oddstory Brewing Company$10,0001n/a
Art120$10,000124%
Bc Brews LLC$10,0001n/a
423 St Francis$10,0001n/a
Chattanooga Smokehouse$10,0001n/a
Bleu Fox Specialties LLC$6,0001n/a
Pickle Barrel LLC$6,0001n/a
Link & Cure LLC$6,0001n/a
Glass House Collective$6,00015%
Jack Brown's Chattanooga$5,0001n/a

Plus 1 recipient with no EIN on record ($10k), not named here.

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 set of overlaps that mostly run through this funder rather than between each other.

Footprint Foundation IncTN13.6× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Footprint Foundation 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 The Rivercity Company with peer funders

About The Rivercity Company

How much does The Rivercity Company give?
The Rivercity Company reported 5 itemized grants totaling $64,000, out of $69,685 in total grant expense reported on the return in its FY2021 IRS filing. It funded between 5 and 7 organizations a year over FY2017 to FY2021.
What does The Rivercity Company fund?
By grant dollars over FY2017 to FY2021, its largest causes are Community Improvement (76%), Civil Rights (11%), Crime & Legal (5%).
Who are The Rivercity Company's largest grantees?
By total granted over FY2017 to FY2021: The Raines Group Inc ($82k), Richard H & Cora Williams Irrevocable Trust ($60k), Riverside Development ($60k).
Does The Rivercity Company fund new organizations?
In FY2021, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as The Rivercity Company?
Its strongest co-funders, measured against what their size predicts, include Footprint Foundation Inc.
Where is The Rivercity Company based?
The Rivercity Company 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 17 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 e-file return for fiscal year 2021, released 2021. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports $5k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2021, the most recent year this funder named its grantees.

Source object · view filing

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