William E Chatlos Foundation is located in Pennington, NJ. The organization was established in 2016. 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. William E Chatlos 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 12/2022, William E Chatlos Foundation generated $1.4m 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 (22.5%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, William E Chatlos Foundation has awarded 56 individual grants totaling $1,854,303. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milton D Roegner Co-Trustee | 1 | $3,000 | |
Jennifer Ruden Co-Trustee | 1 | $3,000 | |
William E Chatlos Co-Trustee | 1 | $3,000 | |
William D Pieniadz Co-Trustee | 1 | $3,000 | |
G Richard Garman Co-Trustee | 1 | $3,000 | |
Walter Zimmermann Co-Trustee | 1 | $3,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $861,985 |
| Interest on Savings | $0 |
| Dividends & Interest | $376,946 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $153,339 |
| Capital Gain Net Income | $153,339 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,392,270 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,927 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $102,802 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,439 |
| Total operating and administrative expenses | $256,168 |
| Contributions, gifts, grants paid | $808,262 |
| Total expenses and disbursements | $1,064,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,423 |
| Savings and temporary cash investments | $1,232,128 |
| 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 | $2,660,431 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,284,588 |
| 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, William E Chatlos Foundation has awarded $808,262 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWELL HEALTH FOUNDATION PURPOSE: GENERAL OPERATING | $10,000 |
TUSTEN VOLUNTEER AMBULANCE SERVICE INC PURPOSE: GENERAL OPERATING | $24,000 |
VOLUNTEER FIRE COMPANY OF BEACH LAKE PURPOSE: GENERAL OPERATING | $24,000 |
ST FRANCIS OF ASSISI KITCHEN PURPOSE: GENERAL OPERATING | $50,000 |
WAYNE COUNTY COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATING | $15,000 |
TEXAS NO 4 FIRE COMPANY PURPOSE: GENERAL OPERATING | $24,000 |