Chase Collegiate School Foundation Inc
- Assets
- $12.4m
- Revenue
- $1.9m
- Investments
- $11.8m
- Employees
- 130
- Location
- Waterbury, CT
- Founding
- 04/2019
- Data as of
- 06/2022
- EIN
- 23-7168186
Organization Overview
Chase Collegiate School Foundation Inc is located in Waterbury, CT. The organization was established in 2019. 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. As of 06/2022, Chase Collegiate School Foundation Inc employed 130 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chase Collegiate School 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 06/2022, Chase Collegiate School Foundation Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $881.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (31.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHASE COLLEGIATE SCHOOL IS A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL FOR STUDENTS IN PRE-K THROUGH GRADE 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHASE COLLEGIATE SCHOOL IS A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL FOR STUDENTS IN PRE-K THOURGH GRADE 12. THERE WERE 265 STUDENTS ENROLLED IN THE 2016-2017 SCHOOL YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary/ T | 2 | $0 | |
Oris Dunham Trustee | 1 | $0 | |
Judy Rowley Trustee | 1 | $0 | |
Maggie Smith Trustee | 1 | $0 | |
Chris Brooks Trustee | 1 | $0 | |
Kara Harlow Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ssc Services Solutions Janitorial & Maintenance Services | 6/29/17 | $679,175 |
Flik Independent School Dining Dining/catering Services | 6/29/17 | $167,511 |
Frank Capasso & Sons Inc Construction And Paving | 6/29/17 | $128,190 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $480,465 |
| Interest on Savings | $36 |
| Dividends & Interest | $256,847 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,142,905 |
| Capital Gain Net Income | $1,142,905 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,880,253 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,206 |
| Total operating and administrative expenses | $231,573 |
| Contributions, gifts, grants paid | $650,000 |
| Total expenses and disbursements | $881,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,523 |
| Savings and temporary cash investments | $352,413 |
| Net Accounts receivable | $225,000 |
| 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 | $11,783,450 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,412,386 |
| Accounts payable and accrued expenses | $55,910 |
| 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 | $55,910 |
Grants Awarded
Over the last fiscal year, Chase Collegiate School Foundation Inc has awarded $650,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MATTATUCK MUSEUM PURPOSE: STEWARDSHIP OF CHASE'S ARCHIVES | $200,000 |
Waterbury, CT PURPOSE: ESTABLISH DONOR ADVISED FUND | $200,000 |
THE TAFT SCHOOL PURPOSE: FUNDING OF SCHOLARSHIPS | $62,500 |
CANTERBURY SCHOOL PURPOSE: FUNDING SCHOLARSHIPS | $62,500 |
Middlebury, CT PURPOSE: FUNDING OF SCHOLARSHIPS | $62,500 |
Cheshire, CT PURPOSE: FUNDING OF SCHOLARSHIPS | $62,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chase Collegiate School Foundation Inc has recieved totaling $7,157.
| Awarding Organization | Amount |
|---|---|
Connecticut Community Foundation Inc Waterbury, CT PURPOSE: FOR GENERAL SUPPORT, SUMMER CULTURAL IMMERSION, FOR MCTERNAN SCHOLARSHIP FUND, ANNUAL FUND | $7,157 |
Endowment Analysis
| Beg. Balance | $11,498,274 |
| Earnings | $1,459,976 |
| Net Contributions | $24,321 |
| Other Expense | $1,320,385 |
| Grants | $180,704 |
| Ending Balance | $11,481,482 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Cohen Veterans Network Inc Stamford, CT | $21,771,420 | $47,396,071 |