GrantAuthority

Hollingsworth Entrepreneurial

Grantmaking foundation in Clinton, Tennessee · EIN 92-2093533

Grants itemized on the 990
$9.1KTax year 2025
Grants made
9Tax year 2025
Total assets
$770KLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

DURING 2023 HOLLINGSWORTH ENTREPRENEURIAL FOUNDATION WAS IN THE STARTUP PHASE AND PREPARING TO BEGIN OPERATING IN EARNEST IN 2024. IT IS A PRIVATE OPERATING FOUNDATION WHOSE PRINCIPAL ACTIVITY IS SUSTAINING AND ADMINISTERING A MEZZANINE FINANCING PROGRAM FOR NEW AND EXISTING LOCAL BUSINESSES NEEDING ACCESS TO CAPITAL, BUT THAT ARE UNABLE TO OBTAIN FINANCING FROM CONVENTIONAL SOURCES OF FUNDS DUE TO THE HIGH LEVEL OF RISK PRESENTED BY THE APPLICANT BUSINESSES. THE FOUNDATION SHALL CONCENTRATE ITS FINANCING EFFORTS AS FOLLOWS: FIRST, IN THE MARKET STREET AREA OF CLINTON, TENNESSEE, THEN, FOR BUSINESSES OPERATING IN OTHER GEOGRAPHIC AREAS OF CLINTON, TENNESSEE, AND FINALLY, FOR BUSINESSES OPERATING IN OTHER GEOGRAPHIC AREAS OF ANDERSON COUNTY, (BUT EXCLUDING OAK RIDGE), TENNESSEE. THIS FINANCING PROGRAM WILL INCLUDE MAKING BUSINESS LOANS GUARANTEED BY THE RECIPIENT BUSINESS OWNERS, AND SUCH LOANS WILL BE FURTHER SECURED BY SECURITY INTERESTS IN THE ASSETS OF THE BUSINESS OR IN OTHER COLLA

Quoted from the foundation's IRS filing.

Giving by year

$12K2024
$9.1K2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Young Williams Animal Center$2K2025
Clinton High School$2K2025
Betty Radford$1.5K2025
Dollena Cruz$1.5K2025
Oasis of Love Ministries Inc$1.5K2025

Amounts are rounded. The full grantee list (9 grants in 2025) is available with a free account.

See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.

Similar foundations in Tennessee

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.