Chenevert Family Foundation Inc
- Assets
- $9.1m
- Revenue
- $2.5m
- Investments
- $8.6m
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 11/2009
- Data as of
- 12/2023
- EIN
- 27-0886303
Organization Overview
Chenevert Family Foundation Inc is located in St Petersburg, FL. The organization was established in 2009. 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. Chenevert 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 12/2023, Chenevert Family Foundation Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $487.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chenevert Family Foundation Inc has awarded 119 individual grants totaling $2,769,725. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE CONTRIBUTION OF $100,000 TO YALE NEW HAVEN HOSPITAL IN 2017.
ONE CONTRIBUTION OF $100,000 TO YALE NEW HAVEN HOSPITAL IN 2017.
ONE CONTRIBUTION OF $40,000 TO THE CONNECTICUT CHILDREN'S MEDICAL CENTER IN 2017.
ONE CONTRIBUTION OF $40,000 TO THE CONNECTICUT CHILDREN'S MEDICAL CENTER IN 2017.
ONE CONTRIBUTION OF $30,000 AND ONE CONTRIBUTION OF $10,000 TO THE CONGRESSIONAL MEDAL OF HONOR FOUNDATION IN 2017.
ONE CONTRIBUTION OF $30,000 AND ONE CONTRIBUTION OF $10,000 TO THE CONGRESSIONAL MEDAL OF HONOR FOUNDATION IN 2017.
ONE CONTRIBUTION OF $30,000 TO JOHN HOPKINS ALL CHILDREN'S HOSPITAL IN 2017.
ONE CONTRIBUTION OF $30,000 TO JOHN HOPKINS ALL CHILDREN'S HOSPITAL IN 2017.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis R Chenevert Chairman And President | 1 | $0 | |
Debra L Chenevert Secretary And Treasurer | 1 | $0 | |
Lisa Chenevert Krause Director | 1 | $18,000 | |
Sophie Chenevert Schilke Director | 1 | $18,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $965,964 |
| Interest on Savings | $0 |
| Dividends & Interest | $186,095 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,309,985 |
| Capital Gain Net Income | $1,309,985 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,462,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| 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 | $16,869 |
| Total operating and administrative expenses | $56,318 |
| Contributions, gifts, grants paid | $431,475 |
| Total expenses and disbursements | $487,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $512,081 |
| 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 | $1,181,011 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,147,478 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chenevert Family Foundation Inc has awarded $431,475 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: TO PROVIDE FUNDING FOR RESEARCH AND ASSITANCE TO THOSE AFFECTED BY ALZHEIMER'S DISEASE | $5,000 |
AMERICAN CANCER SOCIETY PURPOSE: TO PROVIDE FUNDING FOR RESEARCH AND ASSITANCE TO THOSE AFFECTED BY CANCER | $1,500 |
CONGRESSIONAL MEDAL OF HONOR FOUNDATION PURPOSE: FUNDING FOR SCHOLARSHIPS TO SUPPORT OUTREACH OF MEDAL RECIPIENTS | $5,000 |
THE KIND MOUSE PURPOSE: TO FUND THE ASSISTANCE OF FAMILIES IN TRANSITION AND THEIR CHRONICALLY HUNGRY CHILDREN | $500 |
CT CHILDREN'S FOUNDATION PURPOSE: TO PROVIDE FUNDING FOR THE CHILDREN'S FOUNDATION | $30,000 |
MOFFITT CANCER CENTER PURPOSE: TO PROVIDE FUNDING FOR CANCER RESEARCH | $50,000 |