Illges-Chenoweth Foundation Inc
- Assets
- $740.8k
- Revenue
- $84.1k
- Investments
- $711.1k
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 02/1991
- Data as of
- 09/2023
- EIN
- 58-1925808
Organization Overview
Illges-Chenoweth Foundation Inc is located in Lubbock, TX. The organization was established in 1991. 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. Illges-Chenoweth 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 09/2023, Illges-Chenoweth Foundation Inc generated $84.1k in total revenue. All expenses for the organization totaled $99.0k during the year ending 09/2023. While expenses have increased by 10.4% per year over the past 7 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 2015, Illges-Chenoweth Foundation Inc has awarded 101 individual grants totaling $460,152. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur I Chenoweth Jr President | 2 | $0 | |
Emily F Chenoweth Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $117 |
| Dividends & Interest | $16,427 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,601 |
| Capital Gain Net Income | $67,601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,145 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,664 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,958 |
| Contributions, gifts, grants paid | $84,000 |
| Total expenses and disbursements | $98,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,037 |
| 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 | $1,680 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $740,814 |
| 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, Illges-Chenoweth Foundation Inc has awarded $84,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
RUNNINGWATER DRAW CARE CENTER PURPOSE: NURSING HOME/MEDICAL CARE - FACILITY IMPROVEMENT | $5,000 |
SOUTHERN ENVIRONMENTAL LAW CENTER PURPOSE: ENVIRONMENTAL PROTECTION | $5,000 |
FUNDACION MINISTERIO ESPIRITU DEL V PURPOSE: CHURCH | $3,500 |
FUNDACION BIBLIOTECA DE BOQUETE PURPOSE: PROVIDE READING AND EDUCATIONAL OPPORTUNITIES AND ENRICHMENT FOR THE RESIDENTS OF BOQUETE, PANAMA | $2,500 |
FLORIDA BAPTIST CONVENTION PURPOSE: CHURCH - HURRICANE RELIEF AND MOBILE DENTAL BUS | $10,000 |
BLACKROCK BAPTIST CHURCH PURPOSE: CHURCH - SUPPORT, AND LOTTIE MOON CHRISTMAS OFFERING FOR INTERNATIONAL MISSIONS | $10,000 |