Chiles Foundation
- Assets
- $0.0
- Revenue
- $1.5m
- Investments
- $15.9m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 03/1951
- Data as of
- 12/2021
- EIN
- 93-6031125
Organization Overview
Chiles Foundation is located in Portland, OR. The organization was established in 1951. 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. Chiles 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, Chiles Foundation generated $1.5m in total revenue. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 3 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 2020, Chiles Foundation has awarded 33 individual grants totaling $2,923,933. 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 |
|---|---|---|---|
Kristi Richards Director/trustee | 40 | $135,820 | |
Pedro Garcia Trustee | 5 | $24,000 | |
J Kenneth Menges Jr Trustee | 5 | $24,000 | |
Flo Newton Merlo Trustee | 5 | $24,000 | |
Ryan Roth Gallo Trustee | 5 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $66,654 |
| Dividends & Interest | $238,593 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,584 |
| Total Revenue | $1,489,407 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $231,820 |
| Pension plans, employee benefits | $20,058 |
| Depreciation | $0 |
| Occupancy | $46,654 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $454,540 |
| Contributions, gifts, grants paid | $2,318,600 |
| Total expenses and disbursements | $2,773,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $258 |
Grants Awarded
Over the last fiscal year, Chiles Foundation has awarded $507,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES PURPOSE: SUPPORT FOR CELEBRATION OF HOPE GOLD SPONSOR 2022 | $10,000 |
FOCUS ON YOUTH PURPOSE: SEEDS OF HOPE EXPANSION PROJECT | $20,000 |
FRIENDS OF BAKER HERITAGE MUSEUM PURPOSE: SUPPORT FOR PUBLIC PROGRAM COORDINATOR IN 2022 AND 2023. | $10,000 |
MUSIC WORKSHOP PURPOSE: SUPPORT TO AUGMENT OPERATIONAL EXPENSES FOR 2022 AND 2023 | $250,000 |
PROVIDENCE PORTLAND MEDICAL FOUNDATION PURPOSE: SUPPORT FOR "GO BEAT CANCER" FUNDRAISING EVENT FOR CANCER RESEARCH AT PROVIDENCE PORTLAND | $35,000 |
READING RESULTS PURPOSE: SUPPORT FOR READING ACCELERATION PROGRAM | $25,000 |