Merle Chambers Fund
- Assets
- $59.4m
- Revenue
- $4.1m
- Investments
- $23.7m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/1984
- Data as of
- 12/2022
- EIN
- 84-0929410
Organization Overview
Merle Chambers Fund is located in Denver, CO. The organization was established in 1984. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Merle Chambers Fund 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, Merle Chambers Fund generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $11.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Merle Chambers Fund has awarded 429 individual grants totaling $26,311,123. 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 |
|---|---|---|---|
Merle C Chambers Chair/presid | 12 | $0 | |
Sally Leibbrandt Treasurer | 3 | $0 | |
Katharine Arnold Secretary | 3 | $0 | |
Donald Hopkins Director | 0.5 | $0 | |
Marla Williams Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $316,905 |
| Net Rental Income | $1 |
| Net Gain on Sale of Assets | $3,594,587 |
| Capital Gain Net Income | $3,594,587 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $183,283 |
| Total Revenue | $4,094,776 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $81,170 |
| Depreciation | $861,719 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $96,571 |
| Total operating and administrative expenses | $1,198,068 |
| Contributions, gifts, grants paid | $9,952,468 |
| Total expenses and disbursements | $11,150,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,761,802 |
| 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 | $5,843,306 |
| Net Land, buildings, and equipment | $29,965,349 |
| Other assets | $0 |
| Total assets | $59,407,120 |
| 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, Merle Chambers Fund has awarded $11,172,468 in support to 184 organizations.
| Grant Recipient | Amount |
|---|---|
THE 19TH NEWS PURPOSE: GENERAL SUPPORT | $100,000 |
ALPHA PHI FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
9TO5 COLORADO NATIONAL ASSOCIATION PURPOSE: GENERAL SUPPORT (MULTI-YEAR) | $50,000 |
ALLIANCE FOR YOUTH ORGANIZING PURPOSE: GENERAL SUPPORT | $100,000 |
AMERICAN INDEPENDENT FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
AMERICAN INDEPENDENT FOUNDATION PURPOSE: GENERAL SUPPORT | $100,000 |