Chase Foundation
- Assets
- $32.8m
- Revenue
- $2.6m
- Investments
- $30.0m
- Employees
- 0
- Location
- Artesia, NM
- Founding
- 02/2010
- Data as of
- 12/2022
- 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.
Since 2015, Chase Foundation has awarded 582 individual grants totaling $14,758,128. 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 |
|---|---|---|---|
Mack C Chase Trustee/advi | 0 | $0 | |
Richard Price Executive Di | 0 | $0 | |
Geren Ferguson Advisor | 0 | $0 | |
Robert Chase Advisor | 0 | $0 | |
Deb Chase Advisor | 0 | $0 | |
Richard Chase Advisor | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $136,350 |
| Interest on Savings | $157,829 |
| Dividends & Interest | $431,417 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $362,757 |
| Capital Gain Net Income | $362,757 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,559,240 |
| Total Revenue | $2,647,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $566,145 |
| Pension plans, employee benefits | $1,283 |
| Interest | $2,149 |
| Taxes | $21,596 |
| Depreciation | $46,212 |
| Occupancy | $18,332 |
| Travel, conferences, and meetings | $11,249 |
| Printing and publications | $2,215 |
| Other expenses | $406,452 |
| Total operating and administrative expenses | $1,098,770 |
| Contributions, gifts, grants paid | $1,229,164 |
| Total expenses and disbursements | $2,327,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,996,803 |
| Savings and temporary cash investments | $8,957 |
| 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 | $90,015 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,853,446 |
| Net Land, buildings, and equipment | $781,173 |
| Other assets | $0 |
| Total assets | $32,849,658 |
| Accounts payable and accrued expenses | $470 |
| 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 | $36,144 |
| Total liabilities | $36,614 |
Grants Awarded
Over the last fiscal year, Chase Foundation has awarded $1,229,164 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
ABILENE CHRISTIAN UNIVERSITY PURPOSE: SCHOLARSHIP | $2,750 |
AMARILLO COLLEGE PURPOSE: SCHOLARSHIP | $2,750 |
ANGELO STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $8,250 |
ARIZONA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $19,250 |
ARTESIA CHAMBER OF COMMERCE PURPOSE: GRANT | $20,464 |
ARTESIA CLASSICAL ACADEMY PURPOSE: GRANT | $50,000 |