The Lyndhurst Foundation is a Chattanooga, Tennessee

Chattanooga, Tennessee

Chattanooga is the fourth-largest city in the US state of Tennessee , with a population of 169,887. It is the seat of Hamilton County...

-based grant

Grant (money)

Grants are funds disbursed by one party , often a Government Department, Corporation, Foundation or Trust, to a recipient, often a nonprofit entity, educational institution, business or an individual. In order to receive a grant, some form of "Grant Writing" often referred to as either a proposal...

-making foundation

Foundation (charity)

A foundation is a legal categorization of nonprofit organizations that will typically either donate funds and support to other organizations, or provide the source of funding for its own charitable purposes....

 organized in 1938 as The Memorial Welfare Foundation by Coca-Cola Bottling Company magnate Cartter Lupton

Cartter Lupton

T. Cartter Lupton was an American businessman and Coca-Cola Bottling Company magnate who lived in Chattanooga, Tennessee and founded the Lyndhurst Foundation . He was the only child of John Thomas Lupton and Elizabeth Patten, and was married to Margaret Rawlings Lupton...

. It was the first private foundation in Tennessee

Tennessee

Tennessee is a U.S. state located in the Southeastern United States. It has a population of 6,346,105, making it the nation's 17th-largest state by population, and covers , making it the 36th-largest by total land area...

, and focuses on the enrichment and enhancement of the social, natural, and built environment in Chattanooga, Tennessee, and the surrounding southeastern region.

With the death of Cartter Lupton in 1977 the foundation's name was changed to The Lyndhurst Foundation by Jack Lupton, the son of Cartter Lupton, who named it for the family mansion of the same name built by his grandfather John Thomas Lupton

John Thomas Lupton

John Thomas Lupton was an American lawyer, industrialist and philanthropist who along with Benjamin Thomas and Joseph Whitehead, obtained exclusive rights from Asa Candler to bottle and sell Coca-Cola.-Early life:...

.

The Lyndhurst Foundation has played a major role in the revitalization process of Chattanooga's downtown. In 1995 the foundation gave $2.5 million towards a city-wide planning process.

In 2007, the foundation launched CreateHere, a program focused on economic development

Economic development

Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area...

 and the attraction and retention of individuals associated with the creative class

Creative class

The Creative Class is a socioeconomic class that economist and social scientist Richard Florida, a professor and head of the Martin Prosperity Institute at the Rotman School of Management at the University of Toronto, identifies as a key driving force for economic development of post-industrial...

.

In 1996 the foundation's grant of $10,000,000 effectively saved Double Take

Double Take

Double take may refer to:*Double Take , an Australian sketch comedy*Double Take , a 1998 thriller*Double Take , a 2001 comedy*"Double Take" , a Code Lyoko episode...

magazine from closing.