Tennessee · Nonprofit
TENNESSEE TECHNOLOGY DEVELOPMENT CORP
TENNESSEE TECHNOLOGY DEVELOPMENT CORP (Tennessee) receives grants from 4 organizations whose IRS filings report $617,500 to it, the largest being EWING MARION KAUFFMAN FOUNDATION ($350,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $18M
- Funders on record
- 4
- Grants received
- $618k
- Net assets
- $4.2M
What Tennessee Technology Development Corp does
Mission
Launch tennessee is a 501c3 that supports the startup ecosystem through capital, connections and commercialization. As a public-private partnership, we are uniquely positioned to provide direct investment, while also supporting collaboration among founders, investors, researchers, the private sector and government.
As stated on its FY2025 Form 990.
Programs
Sbir/sttr support program - the organization's sbir matching fund program provides grants to selected tennessee companies who have received federal sbir/sttr awards. The goal of the support effort is to assist tennessee companies in achieving higher than average successrates for phase I and phase ii wins and to provide funding to expedite bringing research into market.
$9,058,991 spentof which $9,058,991 as grants57% of program spendingWe fulfill our mission in part by providing funding and connections to seven regional entrepreneur center partners located in memphis, jackson, nashville, cookeville, chattanooga, knoxville, and the tri-cities and six statewide industry partners in industries which addvalue to the tennessee economy including advanced energy, ag tech, consumer packaged goods, financial technologies, life sciences, and mobility.
$3,131,000 spentof which $3,131,000 as grants20% of program spendingThe tennessee advancement consortium (ttac) - a statewide initiative offering technloogy transfer and commercialization support network to empower faculty and student innovators at tennessee higher education institutions to bring their groundbreaking research to market. We fulfill our mission by providing resources, expertise and connections to bridge the gap between academia and industry.
$941,009 spentof which $671,500 as grants6% of program spendingOther program services, not described on the e-filed return.
$2,771,810 spentof which $269,509 as grants$213,684 earned by the program17% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $15,902,810.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $18M to $27M (+49%).
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.
Government-grant reliance: 2017 89% · 2018 91% · 2019 90% · 2020 94% · 2021 90% · 2022 99% · 2023 98% · 2024 98% · 2025 99%. Grants only. Government contracts and fees sit inside program revenue.
104% of TENNESSEE TECHNOLOGY DEVELOPMENT CORP’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
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.
Chief executive
Lindsey Cox
President & CEO
Board chair
Stuart Mcwhorter
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $38k → $25k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of TENNESSEE TECHNOLOGY DEVELOPMENT CORP’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 TECHNOLOGY DEVELOPMENT CORP leans on a few funders — its largest provides 57% of grant income and the top three 94%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
37% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TENNESSEE TECHNOLOGY DEVELOPMENT CORP.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 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 TECHNOLOGY DEVELOPMENT CORP draws 68% of its grant income from funders outside Tennessee, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
TENNESSEE TECHNOLOGY DEVELOPMENT CORP has grown faster than three-quarters of the 328 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 328 community improvement nonprofits $10M–$100M, FY2025
Government funding TENNESSEE TECHNOLOGY DEVELOPMENT CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.6M on record.
- Department of Commerce$2.5M
- Small Business Administration$1.0M
- Appalachian Regional Commission$100k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like TENNESSEE TECHNOLOGY DEVELOPMENT CORP
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
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
Screen this organization
A dated, signed PDF of the compliance screen for TENNESSEE TECHNOLOGY DEVELOPMENT CORP: 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.
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 TECHNOLOGY DEVELOPMENT CORP?
- TENNESSEE TECHNOLOGY DEVELOPMENT CORP (Tennessee) receives grants from 4 organizations whose IRS filings report $617,500 to it, the largest being EWING MARION KAUFFMAN FOUNDATION ($350,000). 2 of them have funded it in more than one year.
- How many funders does TENNESSEE TECHNOLOGY DEVELOPMENT CORP have?
- IRS filings report 4 organizations giving $617,500 in grants to TENNESSEE TECHNOLOGY DEVELOPMENT CORP, 2 of which have funded it in more than one year.
- Who is the largest funder of TENNESSEE TECHNOLOGY DEVELOPMENT CORP?
- EWING MARION KAUFFMAN FOUNDATION is the largest funder on record, with $350,000 in grants. The full list of funders is on this page.
- How can an organization like TENNESSEE TECHNOLOGY DEVELOPMENT CORP 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.
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 4 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