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Chesterman Family Foundation is a private corporation based in SIOUX CITY, IA. The foundation received its IRS ruling in 2001. The principal officer is Cy W Chesterman Sr. It holds total assets of $7.6M. Annual income is reported at $3.7M. Total assets have grown from $1.5M in 2011 to $5.9M in 2023. The foundation is governed by 3 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 2017 to 2023. The foundation primarily funds organizations in Iowa and Nebraska. According to available records, Chesterman Family Foundation has made 95 grants totaling $715K, with a median grant of $5K. Annual giving has grown from $199K in 2020 to $516K in 2022. Individual grants have ranged from $1K to $75K, with an average award of $8K. The foundation has supported 42 unique organizations. The foundation primarily supports organizations in Iowa, Minnesota, Nebraska, which account for 98% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$25K
Based on 29 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.
Chesterman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in IA, MN, NE.
Chesterman Family Foundation has distributed a total of $715K across 95 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $75K.
Chesterman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Chesterman Family Foundation is headquartered in SIOUX CITY, IA. While based in IA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cy W Chesterman Sr | Director - Time as needed | $0 | $0 | N/A |
| Nancy C Smith | Director - Time as needed | $0 | $0 | N/A |
| Susan C Bergeson | Director - Time as needed | $0 | $0 | N/A |
Total Giving
$754K
Total Assets
$5.9M
Fair Market Value
$6.6M
Net Worth
$5.9M
Grants Paid
$714K
Contributions
N/A
Net Investment Income
$696K
Distribution Amount
$311K
Total: $5.5M
Total Grants
95
Total Giving
$715K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
42
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| TeammatesTO FURTHER PROGRAMS OF THE ORGANIZATION | Lincoln, NE | $10K | 2022 |
| Salvation ArmyTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $5K | 2022 |
| Planned Parenthood Of North Central StatesTO FURTHER PROGRAMS OF THE ORGANIZATION | St Paul, MN | $75K | 2022 |
| Sioux City Parks And Recreation FoundationTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $40K | 2022 |
| Community Action AgencyTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $15K | 2022 |
| Morningside CollegeTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $10K | 2022 |
| Siouxland Youth Hockey AssociationTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $10K | 2022 |
| Siouxland Expo CenterTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $10K | 2022 |
| Food Bank Of SiouxlandTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $10K | 2022 |
| Diablos Football ClubTO FURTHER PROGRAMS OF THE ORGANIZATION | South Sioux City, NE | $5K | 2022 |
| Kearney Family Ymca FoundationTO FURTHER PROGRAMS OF THE ORGANIZATION | Kearney, NE | $5K | 2022 |
| Boys And Girls Home Of Sioux City IowaTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $5K | 2022 |
| Pga Reach NebraskaTO FURTHER PROGRAMS OF THE ORGANIZATION | Lincoln, NE | $5K | 2022 |
| SafeplaceTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $5K | 2022 |
| Warming ShelterTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $5K | 2022 |
| Boys And Girls Club Of SiouxlandTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $5K | 2022 |
| Girls Incorporated Of Sioux CityTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $5K | 2022 |
| Hospice Of SiouxlandTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $5K | 2022 |
| Art Center Association Of Sioux CityTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $4K | 2022 |
| Boys And Girls Club Of The MidlandsTO FURTHER PROGRAMS OF THE ORGANIZATION. | Council Bluffs, IA | $3K | 2022 |
| Food Bank Of Lincoln FoundationTO FURTHER PROGRAMS OF THE ORGANIZATION | Lincoln, NE | $3K | 2022 |
| Noah'S Hope Animal RescueTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $3K | 2022 |
| Junior Achievement Of Lincoln IncTO FURTHER PROGRAMS OF THE ORGANIZATION | Lincoln, NE | $3K | 2022 |
| Central Community College Foundation IncTO FURTHER PROGAMS OF THE ORGANIZATION | Hastings, NE | $2K | 2022 |
| Briar Cliff UniversityTO FURTHER PROGRAMS OF THE ORGANIZATION | Sioux City, IA | $2K | 2022 |
| The Bike Union Mentoring ProjectTO FURTHER PROGRAMS OF THE ORGANIZATION | Omaha, NE | $2K | 2022 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA