Chase Family Foundation Inc
- Assets
- $5.9m
- Revenue
- $179.8k
- Investments
- $5.7m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 20-3304142
Organization Overview
Chase Family Foundation Inc is located in Milwaukee, WI. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chase Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Chase Family Foundation Inc generated $179.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $452.8k during the year ending 12/2022. While expenses have increased by 38.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Chase Family Foundation Inc has awarded 138 individual grants totaling $1,832,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Chase Polley Director | 1 | $500 | |
Amy Chase Hefty Director | 1 | $500 | |
Peggy Chase Drana Director | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $133,942 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,733 |
| Capital Gain Net Income | $35,733 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,076 |
| Total Revenue | $179,751 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,508 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,401 |
| Total operating and administrative expenses | $67,770 |
| Contributions, gifts, grants paid | $385,000 |
| Total expenses and disbursements | $452,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,769 |
| Savings and temporary cash investments | $197,311 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,896,307 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,870,173 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,837 |
| Total liabilities | $1,837 |
Grants Awarded
Over the last fiscal year, Chase Family Foundation Inc has awarded $385,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
THE SALVATION ARMY PURPOSE: FOUNDED IN 1865 IN LONDON, ENGLAND, THE SALVATION ARMY IS A CHRISTIAN CHURCH DEDICATED TO SERVING THOSE PERSONS WITH PHYSICAL AND SPIRITUAL NEEDS IN THE NAME OF JESUS CHRIST WITHOUT DISCRIMINATION.IT'S MISSION IS TO PROCLAIM HIS GOSPEL, TO PERSUADE PEOPLE OF ALL AGES TO BECOME HIS DISCIPLES AND TO ENGAGE IN A PROGRAM OF PRACTICAL CONCERN FOR THE NEEDS OF HUMANITY.THE MINISTRY IS OFFERED TO ALL, REGARDLESS OF RACE, CREED, COLOR, AGE, OR SEX. | $5,000 |
FEEDING AMERICA MILWAUKEE PURPOSE: TO FEED THE HUNGARY IN WISCONSIN BY OBTAINING FOOD AND RELATED PRODUCTS, DISTRIBUTING THEM TO QUALIFIED NON-PROFIT PROGRAMS AND PROVIDING THOSE PROGRAMS WITH APPROPRIATE ASSISTANCE. | $10,000 |
PORCHLIGHT INC PURPOSE: PORCHLIGHT STRIVES TO DECREASE THE DANE COUNTY HOMELESS POPULATION BY PROVIDING SHELTER, HOUSING, SUPPORTIVE SERVICES, AND A COMMUNITY IN WAYS THAT EMPOWER RESIDENTS AND PROGRAM PARTICIPANTS TO POSITIVELY SHAPE THEIR LIVES. | $25,000 |
FALLS AREA FOOD PANTRY PURPOSE: FALLS AREA FOOD PANTRY GATHERS AND DISTRIBUTES FOOD TO THOSE WITH ACUTE OR CHRONIC NEED WHO LIVE IN THE GREATER MENOMONEE FALLS AREA. THEY STRIVE TO RAISE AWARENESS OF HUNGER IN THE COMMUNITY AND PROVIDE VOLUNTEER OPPORTUNITIES FOR COMMUNITY MEMBERS TO SERVE ONE ANOTHER. | $30,000 |
DOUGLAS-ELBERT TASK FORCE PURPOSE: THE DOUGLAS/ELBERT TASK FORCE STRIVES TO MEET THE IMMEDIATE NEEDS OF RESIDENTS OF DOUGLAS AND ELBERT COUNTY WHO ARE IN FINANCIAL DISTRESS AND AT RISK OF BECOMING HOMELESS. THEY WORK DIRECTLY WITH CLIENTS TO HELP WORK THROUGH TROUBLESOME TIMES BY PROVIDING ESSENTIAL SERVICES WITH DIGNITY, KINDNESS AND RESPECT. | $30,000 |
AFTER BREAST CANCER DIAGNOSIS PURPOSE: AFTER BREAST CANCER DIAGNOSIS PROVIDES RELIABLE ACCURATE INFORMATION, AND PERSONALIZED SUPPORT AND RESOURCES TO PATIENTS, FAMILY MEMBERS OR SURVIVORS. | $10,000 |