Chippie Foundation Inc
- Assets
- $227.4k
- Revenue
- $2.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Chappaqua, NY
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 31-1636945
Organization Overview
Chippie Foundation Inc is located in Chappaqua, NY. The organization was established in 1999. 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. Chippie 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, Chippie Foundation Inc generated $2.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $3.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Farrell Trustee/president | 0.1 | $0 | |
Timothy Farrell Trustee | 0.01 | $0 | |
Robert Farrell Jr Trustee | 0.01 | $0 | |
Colleen Farrell Trustee | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,869 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,869 |
| 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 | $211 |
| Total operating and administrative expenses | $211 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $3,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $227,217 |
| 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 | $200 |
| Total assets | $227,417 |
| 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, Chippie Foundation Inc has awarded $3,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LOUIS & GLORIA FLANZER PHILANTHROPIC TRUST PURPOSE: UNRESTRICTED CONTRIBUTION | $500 |
MOTHERS HELPING MOTHERS PURPOSE: UNRESTRICTED CONTRIBUTION | $500 |
VOLUNTEER FLORIDA FOUNDATION INC PURPOSE: UNRESTRICTED CONTRIBUTION | $1,000 |
OFFICE OF CONCERN FOOD PANTRY AT ST CECILIA PURPOSE: UNRESTRICTED CONTRIBUTION | $1,000 |