William E Chatlos Foundation

The information for William E Chatlos Foundation is as of the organization's most recent filing in December 2018. This organization is located in Pennington, NJ. It has been in existence for 2 years, following its founding in 2016.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The William E Chatlos Foundation's NTEE code is T22. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "22" tells us that the organization is a Private Independent Foundation. The NTEE describes Private Independent Foundations as private foundations that make grants based on charitable endowments, usually endowed from a single individual or family. They are focused primarily on grantmaking and generally do not actively raise funds or seek public financial support. Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Grant History

Our dataset has a single year of grant history for the William E Chatlos Foundation. In that year, they have awarded two grants, with an average check size of $12,500. Both grants were awarded in the Education sector, and both were awarded in Pennsylvania (2). This organization has a clear focus on the Education sector, and their grants are focused on the state of Pennsylvania.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $4,872,482
Interest on Savings $0
Dividends & Interest $283,939
Net Rental Income$0
Net Gain on Sale of Assets $6,008,168
Capital Gain Net Income $6,008,168
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $181
Total Revenue $11,164,770

Grants Awarded

Over the last fiscal year, William E Chatlos Foundation has awarded $614,173 in support to 15 organizations.

Grant RecipientAmount

LACAWAC SANCTUARY

PURPOSE: GENERAL OPERATING

$201,173

THE COOPERAGE PROJECT

Org PageRecipient Profile

Honesdale, PA

PURPOSE: GENERAL OPERATING

$65,000

KEYSTONE SERVICE SYSTEMS INC

PURPOSE: GENERAL OPERATING

$62,000

MY BREAST CANCER SUPPORT

PURPOSE: GENERAL OPERATING

$60,000

BLACK SCRANTON PROJECT INC

Org PageRecipient Profile

Scranton, PA

PURPOSE: GENERAL OPERATING

$40,000

BETHANY LUTHERAN CHURCH

Org PageRecipient Profile

Gibsonia, PA

PURPOSE: GENERAL OPERATING

$40,000
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