Chelsey Foundation is located in Kamuela, HI. The organization was established in 1997. 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. Chelsey 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, Chelsey Foundation generated $16.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $2.8k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Anne Keck Pres & Director | 0.33 | $0 | |
Brian Finch Vice Pres & Director | 0.33 | $0 | |
George Lacey Secretary & Director | 0.1 | $0 | |
Sheila L Sakashita Director | 1 | $0 | |
Curtis Yuen Director | 0.1 | $0 | |
George T Mooradian Treasurer | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,257 |
| Interest on Savings | $2 |
| Dividends & Interest | $4,485 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,260 |
| Capital Gain Net Income | $10,260 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $256 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $589 |
| Total operating and administrative expenses | $2,789 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,680 |
| 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 | $224,805 |
| 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, Chelsey Foundation has awarded $45,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HAWAII FOODBANK PURPOSE: TO HELP HAWAII'S PEOPLE | $15,000 |
THE FOOD BASKET INC PURPOSE: TO HELP HAWAII ISLAND COMMUNITY | $15,000 |
MAUI FOOD BANK PURPOSE: TO HELP HAWAII'S PEOPLE | $15,000 |