Chami Family Foundation
- Assets
- $978.2k
- Revenue
- $269.4k
- Investments
- $275.4k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 11/2012
- Data as of
- 12/2023
- EIN
- 45-6653445
Organization Overview
Chami Family Foundation is located in Las Vegas, NV. The organization was established in 2012. 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. Chami Family 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, Chami Family Foundation generated $269.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $115.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Chami Family Foundation has awarded 95 individual grants totaling $1,761,538. 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 |
|---|---|---|---|
George Chami Director | 0.1 | $0 | |
Marcia Chami Director | 0.1 | $0 | |
George Albert Chami II Director | 0.1 | $0 | |
Sandra Poiser Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $19,508 |
| Dividends & Interest | $8,878 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,979 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $269,407 |
| 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 | $9,291 |
| Total operating and administrative expenses | $10,491 |
| Contributions, gifts, grants paid | $104,500 |
| Total expenses and disbursements | $114,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $699,816 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $3,000 |
| 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 | $978,188 |
| 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 |
Grants Awarded
Over the last fiscal year, Chami Family Foundation has awarded $104,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CAMER RAND FUND INC PURPOSE: MEDICAL SUPPORT | $70,000 |
PICKLEBERRY PIE INC PURPOSE: DISABED CHILDREN | $2,500 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: KIDS WITH CANCER SUPPORT | $10,000 |
SYRIAN AMERICAN MEDICAL SOCIETY PURPOSE: MEDICAL RELIEF IN SYRIA | $5,000 |
UCLA FOUNDATION PURPOSE: UNIVERSITY EDUCATION SUPPORT | $15,000 |
UCLA JONSSON CANCER CENTER PURPOSE: UNIVERSITY RESEARCH SUPPORT | $2,000 |