Chambers Foundation
- Assets
- $11.9m
- Revenue
- $1.4m
- Investments
- $10.9m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 02/2005
- Data as of
- 01/2022
- EIN
- 20-2123840
Organization Overview
Chambers Foundation is located in New Orleans, LA. The organization was established in 2005. 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. Chambers 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 01/2022, Chambers Foundation generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $810.1k during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $327,981 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,116,249 |
| Capital Gain Net Income | $1,116,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,219 |
| Total Revenue | $1,446,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $142,682 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,529 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,262 |
| Total operating and administrative expenses | $184,488 |
| Contributions, gifts, grants paid | $625,650 |
| Total expenses and disbursements | $810,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $202,467 |
| 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 | $10,901,513 |
| Net Land, buildings, and equipment | $803,602 |
| Other assets | $0 |
| Total assets | $11,907,582 |
| 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, Chambers Foundation has awarded $625,650 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Beaumont, TX PURPOSE: GENERAL OPERATING | $325,650 |
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL OPERATING | $75,000 |
AMERICAN RED CROSS CO TEXAS PURPOSE: GENERAL OPERATING | $75,000 |
ART MUSEUM OF SE TEXAS PURPOSE: GENERAL OPERATING | $75,000 |
TYRRELL HISTORICAL LIBRARY INC PURPOSE: GENERAL OPERATING | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
Impetus Foundation San Antonio, TX | $248,495,187 | $85,291,192 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |