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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. The foundation operates in the area of philanthropy & grantmaking. 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.
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 | $0 |
| Caroline Wallach | TRUSTEE | $0 | $0 | $0 |
Total Giving
$641K
Total Assets
$8M
Fair Market Value
$12.6M
Net Worth
$8M
Grants Paid
$527K
Contributions
$0
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 |
|---|---|---|---|
| NprGENERAL SUPPORT | Washington, DC | $10K | 2023 |
| Jay Heritage CenterGENERAL SUPPORT | Rye, NY | $70K | 2023 |
| Trinity CollegeGENERAL SUPPORT | Hartford, CT | $25K | 2023 |
| Everytown For Gun SafetyGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Doctors Without Borders UsaGENERAL SUPPORT | New York, NY | $25K |
Other foundations that have funded Chess Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Bertha And John Garabedian Charit Foundation 022-2531560 | $2K | 2024 | UNRESTRICTED GENERAL |
| Druckenmiller Foundation | $300K | 2023 | GENERAL USE |
| Edward L Hutton Foundation | $10K | 2023 | GENERAL PURPOSE |
| Albert Pick Jr Fund | $5K | 2023 | Pawns to Queens FUND |
| 2019 | 990PF | View |
| 2023 |
| Feeding WestchesterGENERAL SUPPORT | Elmsford, NY | $25K | 2023 |
| Habitat For HumanityGENERAL SUPPORT | Americus, GA | $25K | 2023 |
| Memorial Sloan Kettering Cancer CenterGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Gifford Law CenterGENERAL SUPPORT | Washington, DC | $25K | 2023 |
| Sandy Hook Promise FoundationGENERAL SUPPORT | Newtown, CT | $25K | 2023 |
| Focus For A FutureGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Carver CenterGENERAL SUPPORT | Port Chester, NY | $25K | 2023 |
| Feeding AmericaGENERAL SUPPORT | Elmsford, CT | $25K | 2023 |
| Pan Massachusetts ChallengeGENERAL SUPPORT | Needham, MA | $20K | 2023 |
| King SchoolGENERAL SUPPORT | Stamford, CT | $10K | 2023 |
| Capitol Squash IncGENERAL SUPPORT | Hartford, CT | $10K | 2023 |
| Rye Presbyterian ChurchGENERAL SUPPORT | Rye, NY | $10K | 2023 |
| Nature ConservancyGENERAL SUPPORT | Arlington, VA | $10K | 2023 |
| AcluGENERAL SUPPORT | New York, NY | $10K | 2023 |
| Wounded Warrior ProjectGENERAL SUPPORT | Topeka, KS | $10K | 2023 |
| 1898 Foundation IncGENERAL SUPPORT | Purchase, NY | $10K | 2023 |
| Heifer InternationalGENERAL SUPPORT | Little Rock, AZ | $10K | 2023 |
| Sierra ClubGENERAL SUPPORT | Bedford, NY | $10K | 2023 |
| Fisher House FoundationGENERAL SUPPORT | Rockville, MD | $10K | 2023 |
| Rye Historical SocietyGENERAL SUPPORT | Rye, NY | $8K | 2023 |
| Citizens Committee For Children Of New YorkGENERAL SUPPORT | New York, NY | $8K | 2023 |
| Safe PassageGENERAL SUPPORT | Yarmouth, ME | $8K | 2023 |
| Friends Of Rye Nature CenterGENERAL SUPPORT | Rye, NY | $8K | 2023 |
| Rye Free Reading RoomGENERAL SUPPORT | Rye, NY | $5K | 2023 |
| Rye YmcaGENERAL SUPPORT | Rye, NY | $5K | 2023 |
| Planned ParenthoodGENERAL SUPPORT | New York, NY | $5K | 2023 |
| Simmons CollegeGENERAL SUPPORT | Boston, MA | $3K | 2023 |
| North Yarmouth AcademyGENERAL SUPPORT | Yarmouth, ME | $3K | 2023 |
| Rye Fire DeptGENERAL SUPPORT | Rye, NY | $1K | 2023 |
| Port Chester-Rye-Rye Book Emergency Medical ServicesGENERAL SUPPORT | Port Chester, NY | $1K | 2023 |
| $1K |
| 2023 |
| General Charitable Purpose |
| Bertha And John Garabedian Charit Foundation 022-2531560 | $1K | 2023 | UNRESTRICTED GENERAL |
| Bertha And John Garabedian Charit Foundation 022-2531560 | $1K | 2023 | UNRESTRICTED GENERAL |
| Doty Family Foundation | $600 | 2023 | GENERAL SUPPORT |
| Doty Family Foundation | $600 | 2023 | GENERAL SUPPORT |
| Druckenmiller Foundation | $250K | 2022 | GENERAL USE |
| Druckenmiller Foundation | $250K | 2022 | GENERAL USE |
| J C Flowers Foundation | $38K | 2022 | TO SUPPORT THE CHILDREN'S CHESS PROGRAM IN ZAMBIA AND ZIMBABWE |
| J C Flowers Foundation | $38K | 2022 | TO SUPPORT THE CHILDREN'S CHESS PROGRAM IN ZAMBIA AND ZIMBABWE |
| Falconwood Foundation Inc. | $30K | 2022 | GENERAL SUPPORT, UNRESTRICTED |
| Douglas A Hirsch And Holly S Anderson Family Foundation Inc. | $10K | 2022 | GENERAL PURPOSE |
| Edward L Hutton Foundation | $10K | 2022 | GENERAL PURPOSE |
| Douglas A Hirsch And Holly S Anderson Family Foundation Inc. | $10K | 2022 | GENERAL PURPOSE |
| Albert Pick Jr Fund | $10K | 2022 | Community Orgs & Civic Affairs |
| Edward L Hutton Foundation | $10K | 2022 | GENERAL PURPOSE |
| Sbb Research Group Scholarship Foundation | $10K | 2022 | TO FURTHER THE MISSION OF THE DONEE |
| Success Without Stress Inc. | $10K | 2022 | CHESS EDUCATION FOR UNDERPRIVILEDGED |
| Michael Kluger And Heidi Greene Foundation | $3K | 2022 | TO FURTHER DONEE'S EXEMPT PURPOSE |
| Michael Kluger And Heidi Greene Foundation | $3K | 2022 | TO FURTHER DONEE'S EXEMPT PURPOSE |
| Baird Foundation Inc. | $2K | 2022 | YOUTH ORGANIZATIONS |
| Baird Foundation Inc. | $2K | 2022 | YOUTH ORGANIZATIONS |
| Bertha And John Garabedian Charit Foundation 022-2531560 | $1K | 2022 | UNRESTRICTED GENERAL |
| John E Rovensky Charitable Trust 750488 Jr Grace Ud | $1K | 2022 | GENERAL |
| Emily L & Robert E Smith Foundation | $1K | 2022 | OPERATIONS |
| John E Rovensky Charitable Trust 750488 Jr Grace Ud | $1K | 2022 | GENERAL |
| Doty Family Foundation | $500 | 2022 | GENERAL SUPPORT |
| Imc Chicago Charitable Foundation | $500 | 2022 | GENERAL |
| Analog Devices Foundation | $80 | 2022 | GENERAL SUPPORT |
| Analog Devices Foundation | $80 | 2022 | GENERAL SUPPORT |
| Edward L Hutton Foundation | $10K | 2021 | GENERAL PURPOSE |
| Baird Foundation Inc. | $1K | 2021 | YOUTH ORGANIZATIONS |
| Ngai Foundation | $125 | 2021 | Donation |
| J C Flowers Foundation | $40K | 2020 | TO SUPPORT THE CHILDREN'S CHESS PROGRAM IN ZAMBIA AND ZIMBABWE |
| Oppenheimer Family Foundation | $30K | 2020 | GENERAL CHARITABLE |
| Edward L Hutton Foundation | $10K | 2020 | GENERAL PURPOSE |
| The@Tyler L Rigg Memorial Foundation | $7K | 2020 | GENERAL |
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