Sally And Charlie Cheever Foundation
- Assets
- $4.4m
- Revenue
- $543.9k
- Investments
- $4.1m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 47-4484400
Organization Overview
Sally And Charlie Cheever Foundation is located in San Antonio, TX. The organization was established in 2016. 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. Sally And Charlie Cheever 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 12/2021, Sally And Charlie Cheever Foundation generated $543.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $333.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sally And Charlie Cheever Foundation has awarded 28 individual grants totaling $600,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Scanlon Jr Pres./sec. | 1 | $0 | |
Jean M Cheever Vice. Pres | 1 | $0 | |
Carrie Goudge Dyer Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $170,341 |
| Interest on Savings | $0 |
| Dividends & Interest | $136,511 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $238,723 |
| Capital Gain Net Income | $238,723 |
| Net ST Capital Gain | $14,251 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,652 |
| Total Revenue | $543,923 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,830 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $307 |
| Total operating and administrative expenses | $33,333 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $333,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $342,725 |
| 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 | $322 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,942,259 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$2,397 |
| Total assets | $4,407,704 |
| 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 | $1,454 |
| Total liabilities | $1,454 |
Grants Awarded
Over the last fiscal year, Sally And Charlie Cheever Foundation has awarded $300,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS FOUNDATION PURPOSE: ENDOWMENT FORMEDICAL HUMAN-ITIES & ETHICS | $50,000 |
San Antonio, TX PURPOSE: GENERAL OPERATING | $50,000 |
CHILDREN'S HOSPITAL OF SAN ANTONIO PURPOSE: GENERAL OPERATING | $30,000 |
San Antonio, TX PURPOSE: GENERAL OPERATING | $30,000 |
ALAMO PUBLIC COMMUNICATIONS PURPOSE: GENERAL OPERATING | $30,000 |
VILLAGE OF THE INCARNATE WORD RET COMM PURPOSE: GENERAL OPERATING | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sally And Charlie Cheever Foundation has recieved totaling $308,000.
| Awarding Organization | Amount |
|---|---|
American Council Of Learned Societies New York, NY PURPOSE: Stipends/Fellowships | $154,000 |
American Council Of Learned Societies New York, NY PURPOSE: Stipends/Fellowships | $154,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |