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Tennessee · Nonprofit

TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION

TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION (Tennessee) receives grants from 3 organizations whose IRS filings report $765,001 to it, the largest being GATES FOUNDATION ($720,001). 1 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
3
Grants received
$765k
Net assets
$701k
1/3 repeat fundersgrants exceed reported revenue in one year
01What it does

What Tennessee Association of Business Foundation does

Mission

The primary exempt purpose of the foundation is to promote the welfare of business and to further charitable, scientific, literary, or educational purposes.

As stated on its FY2025 Form 990.

Program

  1. The primary exempt purpose of the foundation is to promote the welfare of business and to further charitable, scientific, literary, or educational purposes.

    $971,018 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $971,018.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($44k) Expenses 100 ($45k) Net assets 100 ($2k)2018 Revenue 998 ($439k) Expenses 987 ($442k) Net assets -49 ($-895)2019 Revenue 1467 ($646k) Expenses 1445 ($647k) Net assets -107 ($-1941)2020 Revenue 1041 ($458k) Expenses 1025 ($459k) Net assets -155 ($-2807)2021 Revenue 2844 ($1.3M) Expenses 2806 ($1.3M) Net assets -405 ($-7361)2022 Revenue 4027 ($1.8M) Expenses 3947 ($1.8M) Net assets -97 ($-1758)2023 Revenue 2459 ($1.1M) Expenses 2182 ($977k) Net assets 44929 ($816k)2024 Revenue 2980 ($1.3M) Expenses 3156 ($1.4M) Net assets 39349 ($715k)2025 Revenue 2419 ($1.1M) Expenses 2584 ($1.2M) Net assets 38594 ($701k)
'17'18'19'20'21'22'23'24'25
Revenue (2419)Expenses (2584)Net assets (38594)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $378k to $1.3M (+248%).

$221k
$139k
$428k
$65k
$378k
$1.3M
$2.1M
$1.6M
$852k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 90% · 2024 98% · 2025 97%. Grants only. Government contracts and fees sit inside program revenue.

97% of TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

−$753
’17
−$3k
’18
−$1k
’19
−$866
’20
−$5k
’21
$6k
’22
$105k
’23
−$101k
’24
−$92k
’25
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Maria Sheffield

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed474350441615161615
Joined·+2+23+1+4+0+5+1+4
No longer listed·6167321415
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $261k → $30k.

Funder
'17
'18
'21
'23
'24*
total
funders
1
1
1
1
1

Left out of every figure on this page: $110k from 2 payers (the payer shares this organization's board, largest The Community Foundation of Greater Chattanooga Inc). These are real filings, and they are not money TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION raised.

From the IRS filings of TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION leans on a few funders — its largest provides 94% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2021 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION draws 100% of its grant income from funders outside Tennessee, across 3 states in all.

WA
PA
DE

In-state vs out-of-state, by year

’17
’18
’21
’23
Tennessee out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION has grown faster than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin−9% · bottom quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)49% · top quartile

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 12%Fundraising 4%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

TN

Part of a family of 1 related entity

  • Tennessee Chamber of Commerce and I · exempt

Screen this organization

A dated, signed PDF of the compliance screen for TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION?
TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION (Tennessee) receives grants from 3 organizations whose IRS filings report $765,001 to it, the largest being GATES FOUNDATION ($720,001). 1 of them have funded it in more than one year.
How many funders does TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION have?
IRS filings report 3 organizations giving $765,001 in grants to TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION?
GATES FOUNDATION is the largest funder on record, with $720,001 in grants. The full list of funders is on this page.
How can an organization like TENNESSEE ASSOCIATION OF BUSINESS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Tennessee Association of Business →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing