The Chase Family Foundation
- Assets
- $190.1k
- Revenue
- $322.6k
- Investments
- $0.0
- Employees
- 0
- Location
- East Providence, RI
- Founding
- 12/1986
- Data as of
- 12/2022
- EIN
- 22-2743634
Organization Overview
The Chase Family Foundation is located in East Providence, RI. The organization was established in 1986. 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 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 generated $322.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $79.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chase Family Foundation has awarded 248 individual grants totaling $917,733. 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 |
|---|---|---|---|
Michael Chase Trustee | 0 | $0 | |
Samuel Chase Trustee | 0 | $0 | |
Marjorie A Torgan Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $303,460 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,312 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,810 |
| Capital Gain Net Income | $16,810 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $322,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,030 |
| Total operating and administrative expenses | $7,205 |
| Contributions, gifts, grants paid | $72,600 |
| Total expenses and disbursements | $79,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,339 |
| Savings and temporary cash investments | $185,746 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $190,085 |
| Accounts payable and accrued expenses | $5,875 |
| 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 | $0 |
| Total liabilities | $5,875 |
Grants Awarded
Over the last fiscal year, The Chase Family Foundation has awarded $72,600 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
BARRINGTON LAND CONSERVATION TRUST PURPOSE: CHARITABLE | $100 |
AMEDISYS INC PURPOSE: CHARITABLE | $100 |
BRADLEY HOSPITAL PURPOSE: CHARITABLE | $5,000 |
BRIGHAM & WOMEN'S HOSPITAL PURPOSE: CHARITABLE | $10,000 |
BUTTON HOLE PURPOSE: CHARITABLE | $500 |
COMMUNITY PREPARATORY SCHOOL PURPOSE: CHARITABLE | $18,500 |