Chubb Charitable Foundation is located in Philadelphia, PA. The organization was established in 2008. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chubb Charitable 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 12/2023, Chubb Charitable Foundation generated $7.4m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $7.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Chubb Charitable Foundation has awarded 21,619 individual grants totaling $40,237,668. 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 Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Boroughs Director, Executive VP | 1 | $0 | |
Evan Greenberg Director, Chairman CEO | 1 | $0 | |
Julie Dillman Director, Executive VP | 1 | $0 | |
John Keogh Director President Coo, | 1 | $0 | |
Joseph Wayland Director, Executive VP | 1 | $0 | |
Gina Rebollar Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,645,000 |
| Interest on Savings | $68,676 |
| Dividends & Interest | $1,684,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,249 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,389,931 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $107,623 |
| Total operating and administrative expenses | $107,623 |
| Contributions, gifts, grants paid | $7,415,847 |
| Total expenses and disbursements | $7,523,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,052,493 |
| Savings and temporary cash investments | $0 |
| 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 | $43,474,175 |
| 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 |
Over the last fiscal year, Chubb Charitable Foundation has awarded $7,415,847 in support to 4,381 organizations.
| Grant Recipient | Amount |
|---|---|
282 PARENT TEACHER ORGANIZATION INC PURPOSE: MATCHING GIFTS | $2,000 |
360 ACADEMIC SPORTS ACADEMY PURPOSE: MATCHING GIFTS | $100 |
4 OTHERS INC PURPOSE: MATCHING GIFTS | $80 |
A HEINZ57 PET RESCUE AND TRANSPORT INC PURPOSE: MATCHING GIFTS | $103 |
A HEINZ57 PET RESCUE AND TRANSPORT INC PURPOSE: MATCHING GIFTS | $50 |
A HEINZ57 PET RESCUE AND TRANSPORT INC PURPOSE: MATCHING GIFTS | $50 |