Ben B Cheney Foundation Inc

Organization Overview

Ben B Cheney Foundation Inc is located in Tacoma, WA. The organization was established in 1957. 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. Ben B Cheney 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 12/2021, Ben B Cheney Foundation Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 7.2% per year over the past 4 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 2021, Ben B Cheney Foundation Inc has awarded 96 individual grants totaling $4,005,458. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wells Fargo
$278,218
C F Investments Inc
$122,917
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,896,168
Net Rental Income$67,616
Net Gain on Sale of Assets $3,540,437
Capital Gain Net Income $3,540,437
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $109,693
Total Revenue $5,613,914

Grants Awarded

Over the last fiscal year, Ben B Cheney Foundation Inc has awarded $4,005,458 in support to 96 organizations.

Grant RecipientAmount

MULTICARE HEALTH FOUNDATIONS

Org PageRecipient Profile

Tacoma, WA

PURPOSE: MARY BRIDGE CHILDREN'S HOSPITAL CAPITAL CAMPAIGN

$1,000,000

UNITED WAY OF NORTHERN CALIFORNIA

PURPOSE: WILDFIRE RELIEF DUE TO DIXIE FIRE

$250,000

YOUTH MARINE FOUNDATION

Org PageRecipient Profile

Tacoma, WA

PURPOSE: REPLACE THE CURTIS - VESSEL PURCHASE

$250,000

MULTICARE HEALTH FOUNDATIONS

Org PageRecipient Profile

Tacoma, WA

PURPOSE: COVID-19 POP UP CLINICS

$200,000

YMCA OF PIERCE AND KITSAP COUNTY

PURPOSE: MORGAN FAMILY YMCA REBUILD

$200,000

GREATER METRO PARKS FOUNDATION

PURPOSE: RUSTON WAY RENOVATION PROJECT

$150,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Ben B Cheney Foundation Inc has recieved totaling $116,453.

Awarding OrganizationAmount
Ben B Cheney Foundation Inc

Tacoma, WA

PURPOSE: 2021 HIGH SCHOOL SCHOLARSHIP PROGRAM

$93,000
Ben B Cheney Foundation Inc

Tacoma, WA

PURPOSE: MATCHING GIFTS FOR BOARD, STAFF AND FAMILY MEMBERS

$23,453
View Grant Recipient Profile

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