The Charis Charitable Foundation Inc
- Assets
- $2.8m
- Revenue
- $146.3k
- Investments
- $2.6m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 11/1993
- Data as of
- 12/2022
- EIN
- 86-0743452
Organization Overview
The Charis Charitable Foundation Inc is located in Tucson, AZ. The organization was established in 1993. 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. Charis Charitable 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 12/2022, Charis Charitable Foundation Inc generated $146.3k in total revenue. All expenses for the organization totaled $248.4k during the year ending 12/2022.
Since 2017, Charis Charitable Foundation Inc has awarded 51 individual grants totaling $1,165,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert C Rezetko Director, Pr | 0 | $0 | |
Laura L Arnold Director, Vi | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,988 |
| Dividends & Interest | $87,018 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,287 |
| Capital Gain Net Income | $57,287 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $146,293 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,406 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,286 |
| Total operating and administrative expenses | $52,352 |
| Contributions, gifts, grants paid | $196,000 |
| Total expenses and disbursements | $248,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $143,938 |
| 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 | $308,009 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,763,561 |
| 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, The Charis Charitable Foundation Inc has awarded $196,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ANDREWS UNIVERSITY PURPOSE: SUPPORT FOR CHRISTIAN EDUCATION | $25,000 |
GOSPEL RESCUE MISSION PURPOSE: SERVE NEEDY BASED ON CHRISTIAN VALUE | $5,000 |
HOPE KIDS PURPOSE: GIFT OF HOPE & CONNECTION FOR KIDS | $20,000 |
BEADS OF COURAGE PURPOSE: PROVIDE CARE PROGRAMS FOR CHILDREN | $6,000 |
SATORI SCHOOL PURPOSE: EDUCATE AND RAISE CHILDREN | $5,000 |
ST LUKE'S HOME PURPOSE: PROVIDE ASSISTED LIVING FOR ELDERS | $105,000 |