Chase Foundation
- Assets
- $0.0
- Revenue
- -$868.8k
- Investments
- $31.6m
- Employees
- 0
- Location
- Artesia, NM
- Founding
- 02/2010
- Data as of
- 12/2020
- EIN
- 36-7466258
Organization Overview
Chase Foundation is located in Artesia, NM. The organization was established in 2010. 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. Chase 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 12/2020, Chase Foundation generated -$868.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $2.7m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chase Foundation has awarded 507 individual grants totaling $13,528,964. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnny Knorr Advisor | 0 | $0 | |
Chance Chase Advisor | 0 | $0 | |
Deb Chase Advisor | 0 | $0 | |
Mack C Chase Trustee/advi | 0 | $0 | |
Geren Ferguson Advisor | 0 | $0 | |
Richard Chase Advisor | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,200 |
| Interest on Savings | $151,812 |
| Dividends & Interest | $298,952 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,422,942 |
| Total Revenue | -$868,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $279 |
| Depreciation | $36,854 |
| Occupancy | $15,583 |
| Travel, conferences, and meetings | $462 |
| Printing and publications | $3,461 |
| Total operating and administrative expenses | $923,301 |
| Contributions, gifts, grants paid | $1,728,875 |
| Total expenses and disbursements | $2,652,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,302 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,799,102 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chase Foundation has awarded $1,364,250 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
NEW MEXICO STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $389,750 |
TEXAS TECH UNIVERSITY PURPOSE: SCHOLARSHIP | $209,500 |
ARTESIA PUBLIC SCHOOLS PURPOSE: GRANT | $105,000 |
UNIVERSITY OF NEW MEXICO PURPOSE: SCHOLARSHIP | $89,750 |
Portales, NM PURPOSE: SCHOLARSHIP | $86,750 |
Artesia, NM PURPOSE: GRANT | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chase Foundation has recieved totaling $37,500.
| Awarding Organization | Amount |
|---|---|
Justgive Inc Weston, CT PURPOSE: General Support | $37,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |