Chase Richards Foundation
- Assets
- $493.8k
- Revenue
- $287.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Calabasas, CA
- Founding
- 08/1993
- Data as of
- 06/2021
- EIN
- 95-4423022
Organization Overview
Chase Richards Foundation is located in Calabasas, CA. The organization was established in 1993. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chase Richards 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 06/2021, Chase Richards Foundation generated $287.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $234.7k during the year ending 06/2021. While expenses have increased by 3.8% per year over the past 6 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 2015, Chase Richards Foundation has awarded 16 individual grants totaling $1,047,500. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHASE FOUNDATION'S SOLE MISSION IS TO SUPPORT THE CHASE CHILD LIFE PROGRAM. THE CHASE CHILD LIFE PROGRAM'S MISSION OPERATES ON THE PRINCIPLE THAT THE BEST MEDICAL CARE ALONE ISN'T ENOUGH. THE CHILD LIFE STAFF ADDRESSES THE EMOTIONAL, SOCIAL, AND DEVELOPMENTAL NEEDS OF CHILDREN. THE CHASE CHILD LIFE PROGRAM STRIVES TO PROMOTE OPTIMUM DEVELOPMENT OF CHILDREN AND THEIR FAMILIES, TO MAINTAIN NORMAL LIVING PATTERNS AND TO MINIMIZE PSYCHOLOGICAL TRAUMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RAISES FUNDS TO BUILD ROOMS,"THE CHASE PLACE",IN CHILDRENS HOSPITAL AND TO STAFF THESE ROOMS FOR ILL CHILDRENS' BENEFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin D Richards President | OfficerTrustee | 0 | $0 |
Susan Richards Treasurer | OfficerTrustee | 0 | $0 |
Bryan Spunt Board Member | Trustee | 0 | $0 |
Larry Roth Board Member | Trustee | 0 | $0 |
Leonard Fisher Board Member | Trustee | 0 | $0 |
Scott Harvey Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,540 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,540 |
| Total Program Service Revenue | $0 |
| Investment income | $78 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,618 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $215,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,930 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,207 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $234,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,199 |
| Savings and temporary cash investments | $375,584 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $493,783 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $493,783 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $493,783 |
Grants Awarded
Over the last fiscal year, Chase Richards Foundation has awarded $215,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: TO SUPPORT THE CHASE CHILD LIFE PROGRAM AT MATTEL CHILDREN'S HOSPITAL UCLA | $155,000 |
Burbank, CA PURPOSE: TO SUPPORT THE CHASE CHILD LIFE PROGRAM AT PROVIDENCE TARZANA HOSPITAL | $50,000 |
St Louis, MO PURPOSE: TO SUPPORT THE ACTIVITIES OF DELL CHILDREN'S FOUNDATION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chase Richards Foundation has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Molecular Imaging Society Culver City, CA | $3,840,039 | $637,283 |
Pacific Northwest Bleeding Disorders Corvallis, OR | $613,534 | $628,881 |
Chase Richards Foundation Calabasas, CA | $493,783 | $287,618 |
Southwest Institute For Families And Children With Special Needs Phoenix, AZ | $57,249 | $184,329 |
Minkoff Center For Jewish Genetics Dba Jewish Genetic Diseases Center Scottsdale, AZ | $963,599 | $218,139 |
Biological Research Institute South Pasadena, CA | $30,159 | $0 |
American Iris Society Foundation Glendale, CA | $0 | $77,368 |
Eye Birth Defects Research Foundation Inc Encino, CA | $133,372 | $0 |
Glomerular Disease Study And Trial Consortium Mill Valley, CA | $30,609 | $0 |
Warner House Inc Oro Valley, AZ | $68,069 | $0 |
Hawaii Pediatric Association Research And Education Foundation Honolulu, HI | $1,146,095 | $7,322 |