Reported officers (all unpaid)
No paid executives reported in 2024. NMI FOUNDATION reported 2 unpaid officers and board members on its 990-PF.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$9M
Itemized grants
3
Median grant
$1M
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| GIRLS PREPARATORY SCHOOL | CHATTANOOGA, TN | ESTABLISHMENT AND FUNDING OF THE SHARON MILLS SUSTAINABILITY FUND WHICH IS AIMED AT ENSURING THE GIRLS PREPARATORY SCHOOL ACHIEVES LONG TERM FINANCIAL AND ENVIRONMENTAL SUSTAINABILITY. | $8M |
| CHATTANOOGA AREA FOOD BANK | CHATTANOOGA, TN | SUPPORTS SOURCING AND PURCHASE OF FRESH VEGETABLES AND FRUITS, PROTEINS, DAIRY, AND SHELF STABLE FOODS; ADDING STAFFING AND PROFESSIONAL DEVELOPMENT; CAPITAL IMPROVEMENTS; PURCHASE OF REEFER TRUCK AND VAN; COMPUTER TECHNOLOGY. | $1M |
| TIVOLI THEATRE FOUNDATION | CHATTANOOGA, TN | SUPPORTS THE CAPITAL RENOVATION CAMPAIGN PROVIDING THE FOLLOWING FOR PERMANENT ART (STEEL AND GLASS SCULPTURE) BEING INSTALLED DURING THE RENOVATION: OFF-SITE STORAGE (WHILE UNDER CONSTRUCTION), ENGINEERING AND ARCHITECTURE FEES, AND MATERIALS AND LABOR. | $15k |
Revenue and expenses over time
NMI FOUNDATION reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.
What Philanthropy, Voluntarism & Grantmaking executives earn in Tennessee
NMI FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Tennessee earns a median of $35,455.
These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 340 organizations across 340 filings (2021 – 2024).
See full Philanthropy, Voluntarism & Grantmaking pay data for Tennessee →Common questions about NMI FOUNDATION
What are NMI FOUNDATION's revenue and expenses?
In 2024, NMI FOUNDATION reported $960k in total revenue and $9M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.
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