Chaney Family Foundation
- Assets
- $4.9m
- Revenue
- $4.5m
- Investments
- $4.2m
- Employees
- 0
- Location
- Lyndhurst, OH
- Founding
- 03/2014
- Data as of
- 12/2023
- EIN
- 46-1186115
Organization Overview
Chaney Family Foundation is located in Lyndhurst, OH. The organization was established in 2014. According to its NTEE Classification (H19) the organization is classified as: Support N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chaney 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 12/2023, Chaney Family Foundation generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $3.5m during the year ending 12/2023. While expenses have increased by 24.0% per year over the past 9 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 2014, Chaney Family Foundation has awarded 20 individual grants totaling $11,547,404. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,050,550 |
| Interest on Savings | $0 |
| Dividends & Interest | $485,309 |
| 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 | $229 |
| Total Revenue | $4,536,088 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,827 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,827 |
| Contributions, gifts, grants paid | $3,498,860 |
| Total expenses and disbursements | $3,505,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $679,807 |
| Savings and temporary cash investments | $0 |
| 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 | $243,585 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,903,182 |
| 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, Chaney Family Foundation has awarded $3,498,860 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND CLINIC FOUNDATION PURPOSE: COLE EYE INSTITUTE INNOVATION & RESEARCH FUND | $999,660 |
PURDUE UNIVERSITY FOUNDATION PURPOSE: CHANEY FAMILY SCHOLARSHIP ENDOWMENT | $2,499,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chaney Family Foundation Lyndhurst, OH | $4,903,182 | $4,536,088 |
Saha Foundation For Cardiovascular Research And Education Inc Lexington, KY | $2,372,032 | $615,081 |
Hands And Voices Of Kentucky Inc Louisville, KY | $30,305 | $0 |
Trazana A Staples Alternative Stroke Recovery Fund Cincinnati, OH | $200 | $0 |
Angels For Alyssa Elliottsburg, PA | $60,623 | $0 |
Nathaniel Adamczyk Foundation Philadelphia, PA | $232,014 | $5,250 |
Oye Global Medical Foundation Inc Stanaford, WV | $4,573 | $0 |