Chleck Family Foundation Inc
- Assets
- $39.5m
- Revenue
- $9.0m
- Investments
- $37.3m
- Employees
- 0
- Location
- West Newton, MA
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 47-1373868
Organization Overview
Chleck Family Foundation Inc is located in West Newton, MA. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Chleck Family Foundation Inc 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 12/2021, Chleck Family Foundation Inc generated $9.0m in total revenue. All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 41.5% 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.
Since 2019, Chleck Family Foundation Inc has awarded 25 individual grants totaling $3,280,000. 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 |
|---|---|---|---|
Ross B Levine President/executive Direct | 40 | $124,583 | |
Justin D Levine Treasurer/grant Consultant | 15 | $54,167 | |
Risa A Chleck Vice-President/director | 15 | $37,375 | |
Mara C Levine Secretary/director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,842,805 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,014,896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,149,886 |
| Capital Gain Net Income | $3,149,886 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $36,311 |
| Total Revenue | $9,043,898 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $216,125 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46,913 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,963 |
| Total operating and administrative expenses | $808,074 |
| Contributions, gifts, grants paid | $1,280,000 |
| Total expenses and disbursements | $2,088,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $1,338,638 |
| 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 | $850,355 |
| Total assets | $39,514,983 |
| 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 | $17,161 |
| Total liabilities | $17,161 |
Grants Awarded
Over the last fiscal year, Chleck Family Foundation Inc has awarded $1,280,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: CHLECK FAMILY FOUNDATION GRANT IN SUPPORT OF DR. ASHWIN ANANTHAKRISTHNAN | $300,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: CHLECK FAMILY FOUNDATION GRANT PAYMENT | $300,000 |
NORTHEASTERN UNIVERSITY PURPOSE: CHLECK FAMILY FOUNDATION SCHOLARSHIP | $225,000 |
DANA- FARBER CANCER INSTITUTE PURPOSE: CHLECK FAMILY FELLOWSHIP FUND | $200,000 |
Amherst, MA PURPOSE: CHLECK FAMILY FOUNDATION SCHOLARSHIP FUND | $100,000 |
HEBREW COLLEGE PURPOSE: CHLECK FAMILY FOUNDATION GRANT PAYMENT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |