The Tennessee State Capitol

Form 990-PFTax year 2025EIN 20-8115548

Smartbank Foundation

A private foundation in Chattanooga, TN. Its return for tax year 2025 lists 2 grants and $30,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Becky Grudzinski
835 Georgia Avenue
Chattanooga, TN 37402
(423) 385-3115
Form and materials
The application and letter should outline the needs of the individual or the organization and how the donation from the foundation is to be expended.
Deadlines
N/A
Restrictions
N/A

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $30,000

    Grants listed
    2
    Assets, end of year
    $177,041
  • Tax year 2024

    $36,000

    Grants listed
    4
    Assets, end of year
    $198,287
  • Tax year 2023

    $50,000

    Grants listed
    3
    Assets, end of year
    $224,304
  • Tax year 2022

    $25,000

    Grants listed
    3
    Assets, end of year
    $262,108
  • Tax year 2021

    $25,000

    Grants listed
    3
    Assets, end of year
    $257,776
  • Tax year 2020

    $50,000

    Grants listed
    4
    Assets, end of year
    $269,609
  • Tax year 2019

    $15,000

    Grants listed
    2
    Assets, end of year
    $290,192

Grants paid in 2025

2 grants, largest first

As listed on the return.

  1. Saban CenterTuscaloosa, AL

    $100,000 contribution over 5 years (beginning 2023) to the saban center whose mission is to provide an environment that encourages learning, creativity, and teamwork. The saban center is a STEM and arts campus where education, experience, and innovation meet. Saban center will be an innovative hub for education training, arts participation and academic support for teachers and families alike for local and regional school districts to inspire children to enter a variety of STEM and arts-related fields. 2024 contribution: $20,000

    $20,000
  2. Top of GeorgiaRock Spring, GA

    $10,000 contribution to top of georgia which is an economic development initiative that serves as a nonprofit fundraising arm to enhance the marketing efforts of the publicly funded northwest georgia joint development authority (nwgajda). Top of georgia serves as a way for private individuals or companies to contribute to the economic well-being of the greater northwest georgia area including catoosa, chattooga, dade and walker counties.

    $10,000

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. Alabama1 grant $20,000
  2. Georgia1 grant $10,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Billy CarrollPRESIDENT Hours 2Pay $0
  • Bill CarrollTREASURER Hours 2Pay $0
  • Miller WelbornSECRETARY Hours 2Pay $0

The return

More foundations

Other foundations in Tennessee

  1. Irving B Deutschman FoundationSpring Hill, TN 3 grants Preselected only $30,000 giving
  2. Rephidim IncKnoxville, TN 1 grant Accepts applications $30,000 giving
  3. Healthcare Career Advancement Foundation IncNashville, TN 3 grants Preselected only $30,000 giving
  4. Chazen Family FoundationChattanooga, TN 4 grants Preselected only $30,000 giving
  5. W W Mebane ScholarshipsHuntingdon, TN 15 grants Accepts applications $30,000 giving