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Chess Foundation is a private trust based in PURCHASE, NY. The foundation received its IRS ruling in 2013. The principal officer is Central National Gottesman. It holds total assets of $10.2M. Annual income is reported at $6.7M. Total assets have grown from $3.4M in 2013 to $8M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. The foundation primarily funds organizations in New York and Connecticut. According to available records, Chess Foundation has made 118 grants totaling $2M, with a median grant of $10K. The foundation has distributed between $246K and $798K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $798K distributed across 44 grants. Individual grants have ranged from $1K to $206K, with an average award of $17K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in New York, Connecticut, Georgia, which account for 83% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$23K
Largest Grant
$206K
Based on 19 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Chess Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 118 grants. Its grantmaking reaches organizations primarily in NY, CT, GA.
Chess Foundation has distributed a total of $2M across 118 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $1K to $206K.
Chess Foundation typically selects its grantees rather than accepting unsolicited proposals.
Chess Foundation is headquartered in PURCHASE, NY. While based in NY, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Scott Wallach | TRUSTEE | $0 | $0 | N/A |
| Caroline Wallach | TRUSTEE | $0 | $0 | N/A |
Total Giving
$641K
Total Assets
$8M
Fair Market Value
$12.6M
Net Worth
$8M
Grants Paid
$527K
Contributions
N/A
Net Investment Income
$202K
Distribution Amount
$535K
Total: $7.9M
Total Grants
118
Total Giving
$2M
Average Grant
$17K
Median Grant
$10K
Unique Recipients
45
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jay Heritage CenterGENERAL SUPPORT | Rye, NY | $70K | 2023 |
| Trinity CollegeGENERAL SUPPORT | Hartford, CT | $25K | 2023 |
| Doctors Without Borders UsaGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Memorial Sloan Kettering Cancer CenterGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Everytown For Gun SafetyGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Habitat For HumanityGENERAL SUPPORT | Americus, GA | $25K | 2023 |
| Gifford Law CenterGENERAL SUPPORT | Washington, DC | $25K | 2023 |
| Feeding AmericaGENERAL SUPPORT | Elmsford, CT | $25K | 2023 |
| Feeding WestchesterGENERAL SUPPORT | Elmsford, NY | $25K | 2023 |
| Carver CenterGENERAL SUPPORT | Port Chester, NY | $25K | 2023 |
| Focus For A FutureGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Sandy Hook Promise FoundationGENERAL SUPPORT | Newtown, CT | $25K | 2023 |
| Pan Massachusetts ChallengeGENERAL SUPPORT | Needham, MA | $20K | 2023 |
| 1898 Foundation IncGENERAL SUPPORT | Purchase, NY | $10K | 2023 |
| AcluGENERAL SUPPORT | New York, NY | $10K | 2023 |
| Capitol Squash IncGENERAL SUPPORT | Hartford, CT | $10K | 2023 |
| Fisher House FoundationGENERAL SUPPORT | Rockville, MD | $10K | 2023 |
| Heifer InternationalGENERAL SUPPORT | Little Rock, AZ | $10K | 2023 |
| King SchoolGENERAL SUPPORT | Stamford, CT | $10K | 2023 |
| Nature ConservancyGENERAL SUPPORT | Arlington, VA | $10K | 2023 |
| NprGENERAL SUPPORT | Washington, DC | $10K | 2023 |
| Rye Presbyterian ChurchGENERAL SUPPORT | Rye, NY | $10K | 2023 |
| Sierra ClubGENERAL SUPPORT | Bedford, NY | $10K | 2023 |
| Wounded Warrior ProjectGENERAL SUPPORT | Topeka, KS | $10K | 2023 |
| Rye Historical SocietyGENERAL SUPPORT | Rye, NY | $8K | 2023 |
| Citizens Committee For Children Of New YorkGENERAL SUPPORT | New York, NY | $8K | 2023 |
| Friends Of Rye Nature CenterGENERAL SUPPORT | Rye, NY | $8K | 2023 |
| Safe PassageGENERAL SUPPORT | Yarmouth, ME | $8K | 2023 |
| Rye YmcaGENERAL SUPPORT | Rye, NY | $5K | 2023 |
| Rye Free Reading RoomGENERAL SUPPORT | Rye, NY | $5K | 2023 |
| Planned ParenthoodGENERAL SUPPORT | New York, NY | $5K | 2023 |
| North Yarmouth AcademyGENERAL SUPPORT | Yarmouth, ME | $3K | 2023 |
| Simmons CollegeGENERAL SUPPORT | Boston, MA | $3K | 2023 |
| Port Chester-Rye-Rye Book Emergency Medical ServicesGENERAL SUPPORT | Port Chester, NY | $1K | 2023 |
| Rye Fire DeptGENERAL SUPPORT | Rye, NY | $1K | 2023 |