Chumbley Family Foundation Inc
- Assets
- $895.2k
- Revenue
- $53.5k
- Investments
- $823.4k
- Employees
- 0
- Location
- Macon, GA
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-3503111
Organization Overview
Chumbley Family Foundation Inc is located in Macon, GA. The organization was established in 2018. 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. Chumbley Family 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 12/2023, Chumbley Family Foundation Inc generated $53.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $56.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Chumbley Family Foundation Inc has awarded 24 individual grants totaling $291,500. 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 |
|---|---|---|---|
Michael Chumbley President | 0 | $0 | |
Cheryl Chumbley Vice Preside | 0 | $0 | |
Andrea Fyke Treasurer | 0 | $0 | |
Meghan Chumbley Secretary | 0 | $0 | |
Matthew Chumbley Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,665 |
| Dividends & Interest | $20,226 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,534 |
| Capital Gain Net Income | $27,534 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26 |
| Total Revenue | $53,451 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $617 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,193 |
| Contributions, gifts, grants paid | $46,500 |
| Total expenses and disbursements | $56,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,725 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $895,169 |
| 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, Chumbley Family Foundation Inc has awarded $46,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED IN PINK PURPOSE: GENERAL FUND | $10,000 |
CARING SOLUTIONS PURPOSE: GENERAL FUND | $10,000 |
BYRON UNITED METHODIST CHURCH PURPOSE: GENERAL FUND | $10,000 |
RESCUE MISSION OF MIDDLE GA PURPOSE: GENERAL FUND | $5,000 |
WINSHIP CANCER INSTITUTE PURPOSE: GENERAL FUND | $10,000 |
TATTNALL SQUARE PURPOSE: GENERAL FUND | $1,500 |