The Tennessee State Capitol

Form 990-PFTax year 2025EIN 62-1296643

Kennedy Foundation Inc

A private foundation in Chattanooga, TN. Its return for tax year 2025 lists 15 grants and $2.3 million 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
R Wayne Peters General Counsel
320 McCallie Avenue
Chattanooga, TN 37402
(423) 756-5171
Form and materials
No prescribed form
Deadlines
None
Restrictions
All contributions are to qualified 501(c) organizations

Assets and giving by year

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

    $2,262,000

    Grants listed
    15
    Assets, end of year
    $56,303,319
  • Tax year 2024

    $2,076,272

    Grants listed
    12
    Assets, end of year
    $53,044,998
  • Tax year 2023

    $15,679,505

    Grants listed
    13
    Assets, end of year
    $48,830,196
  • Tax year 2022

    $158,000

    Grants listed
    5
    Assets, end of year
    $56,023,937
  • Tax year 2021

    $2,702,000

    Grants listed
    3
    Assets, end of year
    $45,378,651
  • Tax year 2020

    $902,000

    Grants listed
    3
    Assets, end of year
    $21,048,321
  • Tax year 2019

    $912,000

    Grants listed
    4
    Assets, end of year
    $20,444,272
  • Tax year 2018

    $904,400

    Grants listed
    6
    Assets, end of year
    $17,925,087

Grants paid in 2025

15 grants, largest first

As listed on the return.

  1. University of Chattanooga FoundationChattanooga, TN

    To fund a new building for the nursing school

    $1,600,000
  2. Memorial Health Care System Foundation IncPhoenix, AZ

    To support a public charity

    $200,000
  3. Houston Museum of Decorative ArtsChattanooga, TN

    To support a public charity

    $100,000
  4. University of Chattanooga FoundationChattanooga, TN

    To provide funding for a professorship

    $100,000
  5. Skyuka HallChattanooga, TN

    To support a public charity

    $84,000
  6. The Coolidge National Medal of Honor Heritage CenterChattanooga, TN

    To support a public charity

    $50,000
  7. Friends of Special ChildrenChattanooga, TN

    To support a public charity

    $25,000
  8. Erlanger HealthChattanooga, TN

    To support a public charity

    $20,000
  9. United Way of Central GeorgiaMacon, GA

    To support a public charity

    $20,000
  10. Saint Annes Episcopal ChurchAtlanta, GA

    To support a public charity

    $20,000
  11. Haiti Deaf AcademyWalker, IA

    To support a public charity

    $10,000
  12. Agape Youth and Family CenterAtlanta, GA

    To support a public charity

    $10,000
  13. Retrieving Independence IncBrentwood, TN

    To support a public charity

    $10,000
  14. Deo Clinic IncDalton, GA

    To support a public charity

    $10,000
  15. American Heart Association IncDallas, TX

    To support annual campaign

    $3,000

Approved for future payment

1 grant

Approved in 2025 and not yet paid.

  1. Skyuka HallChattanooga, TN

    To support a public charity

    $166,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education3 grants $1,784,00090% of the total
  2. Arts and culture1 grant $100,0005% of the total
  3. Human services2 grants $35,0002% of the total
  4. Health3 grants $33,0002% of the total
  5. Philanthropy and grantmaking1 grant $20,0001% of the total
  6. Animals1 grant $10,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Tennessee9 grants $2,189,000
  2. Georgia4 grants $60,000
  3. Iowa1 grant $10,000
  4. Texas1 grant $3,000

Officers, directors and trustees

3 people as filed

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

  • James D Kennedy IIIPRESIDENT Hours 2Pay $0
  • Molly K KennedySECRETARY & TREASURER Hours 1Pay $0
  • Elizabeth K SpratlinCHAIRMAN Hours 1Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. R Brad Martin Family FoundationChattanooga, TN 63 grants Preselected only $2,587,585 giving
  2. Hamico IncChattanooga, TN 51 grants Preselected only $1,832,216 giving
  3. Christian Education Charitable Trust CoChattanooga, TN 22 grants Preselected only $1,105,000 giving
  4. Riverview Foundation IncChattanooga, TN 12 grants Preselected only $669,830 giving
  5. Nmi FoundationChattanooga, TN 3 grants Preselected only $9,027,000 giving