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 06/2023, 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 06/2023, Chase Collegiate School Foundation Inc generated $1.3m 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 (25.6%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chase Collegiate School Foundation Inc has awarded 22 individual grants totaling $4,501,962. 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
2023
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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary/ T | 0 | $0 | |
Oris Dunham Trustee | 0 | $0 | |
Judy Rowley Trustee | 0 | $0 | |
Maggie Smith Trustee | 0 | $0 | |
Chris Brooks Trustee | 0 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ssc Services Solutions Janitorial & Maintenance Services | 6/29/17 | $679,175 |
Frank Capasso & Sons Inc Construction And Paving | 6/29/17 | $128,190 |
Flik Independent School Dining Dining/catering Services | 6/29/17 | $167,511 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $141,861 |
| Interest on Savings | $47 |
| Dividends & Interest | $179,667 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,027,879 |
| Capital Gain Net Income | $1,027,879 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,349,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,538 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,366 |
| Total operating and administrative expenses | $157,775 |
| Contributions, gifts, grants paid | $3,231,962 |
| Total expenses and disbursements | $3,389,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,134 |
| Savings and temporary cash investments | $702,347 |
| 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 | $9,298,742 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,096,223 |
| Accounts payable and accrued expenses | $46,284 |
| 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 | $46,284 |
Over the last fiscal year, Chase Collegiate School Foundation Inc has awarded $3,231,962 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CANTERBURY SCHOOL PURPOSE: FUNDING SCHOLARSHIPS | $265,189 |
THE TAFT SCHOOL PURPOSE: ENDOWMENT FOR SCHOLARSHIPS | $267,455 |
CONNECTICUT COMMUNITY FOUNDATION I PURPOSE: ENDOWMENT F/B/O CHILDRENS COMM. SCH | $1,209,821 |
WATERBURY POLICE ACTIVITY LEAGUE PURPOSE: ENDOWMENT FOR SCHOLARSHIPS | $114,700 |
THE WILLIAMS SCHOOL PURPOSE: ENDOWMENT FOR PROFESSIONAL DEVELOP | $173,986 |
FOOTE SCHOOL PURPOSE: ENDOWMENT FOR HORIZONS PROGRAM | $55,831 |