Chugach Heritage Foundation
- Assets
- $32.9m
- Revenue
- $2.1m
- Investments
- $29.3m
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 92-0116128
Organization Overview
Chugach Heritage Foundation is located in Anchorage, AK. The organization was established in 1988. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chugach Heritage Foundation 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, Chugach Heritage Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chugach Heritage Foundation has awarded 472 individual grants totaling $2,083,705. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SCHOLARSHIPS AND EDUCATIONAL SUPPORT PROGRAMS TO ELIGIBLE ALASKA NATIVE STUDENTS WHO ARE ORIGINAL SHAREHOLDERS OR DIRECT LINEAL DESCENDANTS OF THE CHUGACH ALASKA CORPORATION. IN LINE WITH THE FOUNDATION'S MISSION, THE SCHOLARSHIP AND EDUCATION PROGRAM FOCUS ON SUPPORTING THE SELF-DETERMINATION OF THE CHUGACH PEOPLE THAT WILL LEAD TO GREATER OPPORTUNITIES THROUGHOUT AN INDIVIDUAL'S CAREER. ADDITIONAL INFORMATION AVAILABLE UPON REQUEST.
THE FOUNDATION OPERATES A VARIETY OF CULTURAL PROGRAMS TO PROVIDE OPPORTUNITIES FOR THE NEXT GENERATIONS TO LEARN TRADITIONAL ALASKA NATIVE KNOWLEDGE AND SKILLSETS OF THE CHUGACH REGION'S CULTURE. ADDITIONAL INFORMATION AVAILABLE UPON REQUEST.
NUUCIQ SPIRIT CAMP, A REGIONAL CULTURAL CAMP, LOCATED IN THE PRINCE WILLIAM SOUND ON HINCHINBROOK ISLAND. THE CAMP IS HOSTED EVERY YEAR FOR TWO, ONE-WEEK SESSIONS IN JULY. EVERY SUMMER, THE CAMP IS HELD ON THE HISTORICAL VILLAGE SITE OF NUCHEK TO PROVIDE OPPORTUNITIES FOR ALASKA NATIVE STUDENTS, ELDERS, AND INSTRUCTORS TO SHARE AND LEARN THE NATIVE ARTS, LIFESTYLE AND LANGUAGE OF THE CHUGACH REGION. THE CLASSES OFFERED DURING CAMP INCLUDE TRADITIONAL KAYAK BUILDING, TRADITIONAL DANCE, SUGT'STUN & EYAK LANGUAGE, SUBSISTENCE, BEADING & FUR SEWING.ADDITIONAL INFORMATION AVAILABLE UPON REQUEST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheri Buretta Chairman | 1.5 | $0 | |
Marchelle Espe Vice President | 1.5 | $3,600 | |
Violet Yeaton Treasurer/secretary | 1.5 | $0 | |
Matt Mcdaniel Board Of Trustee | 1.5 | $0 | |
Lauren Johnson President/executive Director | 40 | $126,975 | |
Stephen J Grantier Program Manager | 40 | $80,321 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $512,441 |
| Interest on Savings | $0 |
| Dividends & Interest | $785,481 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $808,152 |
| Capital Gain Net Income | $808,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,929 |
| Total Revenue | $2,116,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $210,896 |
| Other employee salaries and wages | $95,319 |
| Pension plans, employee benefits | $66,232 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $3,832 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $57,219 |
| Printing and publications | $0 |
| Other expenses | $142,097 |
| Total operating and administrative expenses | $635,665 |
| Contributions, gifts, grants paid | $688,343 |
| Total expenses and disbursements | $1,324,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,521 |
| Savings and temporary cash investments | $2,671,734 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $401,260 |
| 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 | $23,154 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,775 |
| Net Land, buildings, and equipment | $231,147 |
| Other assets | $0 |
| Total assets | $32,887,349 |
| Accounts payable and accrued expenses | $82,835 |
| 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 | $37,217 |
| Total liabilities | $120,052 |
Grants Awarded
Over the last fiscal year, Chugach Heritage Foundation has awarded $688,343 in support to 135 organizations.
| Grant Recipient | Amount |
|---|---|
RYAN ADAMS PURPOSE: SCHOLARSHIP | $6,698 |
JENNA ANDERSEN PURPOSE: SCHOLARSHIP | $712 |
PRESLEY ALLEN PURPOSE: SCHOLARSHIP | $2,875 |
IVANA ASH PURPOSE: SCHOLARSHIP | $6,050 |
KIM ASPELUND PURPOSE: SCHOLARSHIP | $3,989 |
WILLIAM BAILEY PURPOSE: SCHOLARSHIP | $3,834 |