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The Howard Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813722308 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is The Howard Fund?

The Howard Fund is a supporting organization situated in Chattanooga, Tennessee, at 1400 Williams Street 1100. It serves as a vital part of the Community Foundation of Greater Chattanooga, Inc., which aims to better lives in the wider Chattanooga area. The Howard Fund's mission encompasses various aspects, including providing scholarships and financial aid, fostering area beautification, promoting downtown development, addressing health-related issues, and enhancing civic and cultural improvements. Additionally, they support educational and humanitarian programs. The organization's activities align with the Community Foundation's mission to inspire giving and encourage action.

Is The Howard Fund legitimate?

The Howard Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Howard Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Howard Fund?

The Howard Fund serves as a supporting organization for the Community Foundation of Greater Chattanooga, Inc., which strives to inspire giving and encourage action to enhance lives in the greater Chattanooga area. Established with this purpose, The Howard Fund focuses on providing scholarships and funds for various initiatives. These initiatives include beautifying the area, promoting downtown development, addressing health-related issues, fostering civic and cultural improvements, and supporting educational and humanitarian programs.

Who is the CEO of The Howard Fund?

Joseph H Davenport Iii is the President of The Howard Fund.

What is the revenue of The Howard Fund?

The Howard Fund's revenue in 2022 was $296,820.

Who are the executives of The Howard Fund and what are their salaries?


Here are 6 key members and their salaries:


Joseph H Davenport Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph H Davenport Iv (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Alling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Probasco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesley Scearce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maeghan Jones (President - Cfgc)
  • Compensation: $0
  • Related: $200,649
  • Other: $30,131
Where can I find the form 990 for The Howard Fund?

The Howard Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Howard Fund

The Howard Fund, serving as a supporting organization for the Community Foundation of Greater Chattanooga, Inc., is dedicated to inspiring philanthropy and encouraging action aimed at enhancing lives within the greater Chattanooga area. Established with this purpose in mind, The Howard Fund provides financial assistance and scholarships for various initiatives. These projects encompass area beautification, downtown development, health-related issues, civic and cultural improvements, educational programs, and humanitarian endeavors. By supporting these diverse projects, The Howard Fund contributes to the betterment of the community and the improvement of the lives of its residents.

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Impact




October, 2024

The Howard Fund significantly enhances the quality of life in the Greater Chattanooga area by promoting various initiatives that inspire community engagement and philanthropic giving. By providing scholarships and funding for area beautification projects, downtown development, health-related programs, civic and cultural improvements, as well as educational and humanitarian efforts, The Howard Fund plays a crucial role in fostering a vibrant and prosperous community.

Its impact can be seen in the support it offers for education and personal development through scholarships, ensuring that individuals can pursue their dreams and contribute positively to society. The focus on beautification and downtown development helps create an attractive and welcoming environment, which is essential for local businesses and tourism. Additionally, investments in health-related issues and humanitarian programs address critical community needs, improving overall well-being and creating a supportive network for residents.

By catalyzing action and inspiring others to give, The Howard Fund strengthens the community's fabric and encourages collaborative efforts aimed at making lasting improvements in Chattanooga.




This information is meant to be a general summary of The Howard Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$296,820 (2022)
Expenses
$504,839 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $296,820

Assets and Liabilities:

  • Total Assets: $7,965,529
  • Total Liabilities: $255,000
  • Net Assets: $7,710,529

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Organization Details

Founding Year

2016

Principal Officer

Joseph H Davenport Iii

Main Address

1400 WILLIAMS STREET 1100, CHATTANOOGA, TN, 37408

NTEE Category

Code: T20 - Philanthropy

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