Chrysalis Foundation
- Assets
- $0.0
- Revenue
- $791.7k
- Investments
- $876.0k
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 07/1992
- Data as of
- 12/2021
- EIN
- 62-1497058
Organization Overview
Chrysalis Foundation is located in Chattanooga, TN. The organization was established in 1992. 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. Chrysalis 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 12/2021, Chrysalis Foundation generated $791.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $321.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Chrysalis Foundation has awarded 134 individual grants totaling $1,609,450. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - NO ACTIVITIES OTHER THAN GRANT MAKING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary N Moore President | 10 | $0 | |
William N Bailey Treasurer | 0 | $0 | |
Angelia Murphy Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $697,709 |
| Interest on Savings | $7 |
| Dividends & Interest | $19,321 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $791,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,333 |
| Pension plans, employee benefits | $25,736 |
| Depreciation | $0 |
| Occupancy | $7,800 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $112,029 |
| Contributions, gifts, grants paid | $209,000 |
| Total expenses and disbursements | $321,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chrysalis Foundation has awarded $175,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
A STEP AHEAD FOUNDATION CHATTANOOGA PURPOSE: OPERATING FUND | $15,000 |
ARTS BUILD PURPOSE: OPERATING FUND | $10,000 |
BOYS AND GIRLS CLUBS OF CHATTANOOGA PURPOSE: OPERATING FUND | $5,000 |
CHAMBLISS CHILDRENS HOME PURPOSE: OPERATING FUND | $20,000 |
CHATTANOOGA COMMUNITY KITCHEN PURPOSE: OPERATING FUND | $40,000 |
CHATTANOOGA PREP SCHOOL PURPOSE: OPERATING FUND | $5,000 |