Carole & Gene Chambers Foundation
- Assets
- $741.0k
- Revenue
- $121.0k
- Investments
- $727.4k
- Employees
- 0
- Location
- Katy, TX
- Founding
- 02/1989
- Data as of
- 09/2022
- EIN
- 76-0262887
Organization Overview
Carole & Gene Chambers Foundation is located in Katy, TX. The organization was established in 1989. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carole & Gene Chambers 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 09/2022, Carole & Gene Chambers Foundation generated $121.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $49.0k during the year ending 09/2022. While expenses have increased by 0.9% per year over the past 7 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 2015, Carole & Gene Chambers Foundation has awarded 193 individual grants totaling $357,500. 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 |
|---|---|---|---|
Carole Barrett Chambers President | 0.5 | $0 | |
Eugene Carroll Chambers V.P. / Sec. | 1 | $0 | |
Christine Carole Chambers Asst. Tres. | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,260 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,530 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,195 |
| Capital Gain Net Income | $43,195 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $952 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,193 |
| Contributions, gifts, grants paid | $44,800 |
| Total expenses and disbursements | $48,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,507 |
| 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 | $8 |
| Total assets | $740,960 |
| 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, Carole & Gene Chambers Foundation has awarded $44,800 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
MD ANDERSON CANCER CENTER PURPOSE: SUPPORT M.D. ANDERSON CANCER RESEARCH | $10,000 |
Houston, TX PURPOSE: TO MENTOR, DISCIPLE, AND SERVE AT-RISK YOUTH AND THEIR FAMILIES. | $5,000 |
PRESTONWOOD PREGNANCY CENTER PURPOSE: UNBORN & MOTHER MINISTRY | $2,500 |
HOPE PREGNANCY CENTER PURPOSE: MINISTRY TO THE UNBORN | $2,500 |
PREGNANCY HELP CENTER W HOUSTON PURPOSE: UNBORN & MOTHER MINISTRY | $2,500 |
FREEDOM CHURCH ALLIANCE PURPOSE: UNITING CHURCHES AGAINST HUMAN TRAFFICKING | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Easter Seals North Texas Inc Fort Worth, TX | $7,741,249 | $3,817,445 |
Arc Of St Charles Inc Boutte, LA | $2,824,257 | $4,270,363 |
Roy Gene & Pamela Evans Foundation Dallas, TX | $2,505,030 | $124,760 |
Perinatal Quality Foundation Oklahoma City, OK | $853,464 | $1,030,454 |
Childrens Craniofacial Association Dallas, TX | $1,729,152 | $1,442,509 |
Louisiana Hemophilia Foundation Baton Rouge, LA | $90,645 | $485,884 |
C F Solutions Inc Tulsa, OK | $468,647 | $136,859 |
Turner Syndrome Society Of The United States Houston, TX | $549,602 | $482,741 |
Myhre Syndrome Foundation Richardson, TX | $48,766 | $0 |
Sickle Cell Support Services Little Rock, AR | $0 | $0 |
Northeast La Sickle Cell Anemia Tech Resource Foundation Inc Monroe, LA | $167,371 | $97,574 |
Oklahoma Elks Major Project Inc Ada, OK | $484,515 | $0 |