Chambers Family Foundation Inc
- Assets
- $550.0k
- Revenue
- $44.5k
- Investments
- $516.8k
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 20-8779196
Organization Overview
Chambers Family Foundation Inc is located in Annapolis, MD. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Chambers Family 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, Chambers Family Foundation Inc generated $44.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $62.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chambers Family Foundation Inc has awarded 14 individual grants totaling $170,000. 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 |
|---|---|---|---|
Eunice A Chambers Secretary | 0 | $0 | |
Patricia D Batchelor President | 0 | $0 | |
Julia A Chambers Vice President | 0 | $0 | |
Katherine C Papendick Treasurer | 0 | $0 | |
James D Chambers Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $44 |
| Dividends & Interest | $13,275 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,200 |
| Capital Gain Net Income | $31,200 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,948 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,353 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $62,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,194 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $550,038 |
| 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 Family Foundation Inc has awarded $50,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Jenkintown, PA PURPOSE: TO PROVIDE PHILANTHROPIC EXPERTISE TO DONORS, FOUNDATIONS AND FINACIAL INSTITUTIONS, ENABLING THEM TO REALIZE THEIR PHILANTHROPIC ASPIRATIONS. | $20,000 |
WATER AID PURPOSE: TO TRANSFORM THE LIVES OF WOMEN AND GIRLS THROUGH THE POWER OF CLEAN WATER. | $10,000 |
Denver, CO PURPOSE: TO SUPPORT COMMUNITY-DRIVEN DEVELOPMENT PROGRAMS WORLWIDE THROUGH PARTNERSHIPS THAT DESIGN AND IMPLEMENT SUSTAINABLE ENGINEERING PROJECTS, WHILE CREATING TRANSFORMATIVE EXEPERINECES THAT ENRICH GLOBAL PERSPECTIVES AND CREATE RESPONSIBLE LEADERS. | $10,000 |
Edgewater, MD PURPOSE: TO PROTECT, RESTORE, AND ENHANCE THE WATERS OF THE SOUTH, WEST, AND RHODE RIVERS. | $5,000 |
CHARITYWATER PURPOSE: TO BRING CLEAN AND SAFE DRINKING WATER TO PEOPLE IN DEVELOPING NATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
National Association Of Student Financial Aid Administrators Washington, DC | $22,189,727 | $10,008,615 |
Cobell Board Of Trustees Washington, DC | $177,171,131 | $17,842,265 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Student Freedom Initiative Inc Washington, DC | $132,770,538 | $15,285,825 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |
Henrico Education Foundation Incorporated Henrico, VA | $1,910,582 | $5,313,927 |
Access College Foundation Norfolk, VA | $62,526,055 | $4,039,611 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |