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Chestnut Street Foundation Inc. is a private corporation based in LEESBURG, VA. The foundation received its IRS ruling in 2002. The principal officer is Michael Liddick. It holds total assets of $140K. Annual income is reported at $48K. 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 2020 to 2023. The foundation primarily funds organizations in Virginia and Pennsylvania. According to available records, Chestnut Street Foundation Inc. has made 9 grants totaling $68K, with a median grant of $3K. Annual giving has grown from $15K in 2021 to $25K in 2023. Grantmaking activity was highest in 2022 with $28K distributed across 6 grants. Individual grants have ranged from $1K to $25K, with an average award of $8K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Virginia and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$5K
Largest Grant
$12K
Based on 3 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.
Chestnut Street Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in VA, PA.
Chestnut Street Foundation Inc. has distributed a total of $68K across 9 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $1K to $25K.
Chestnut Street Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Chestnut Street Foundation Inc. is headquartered in LEESBURG, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$27K
Total Assets
$187K
Fair Market Value
$265K
Net Worth
$187K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$12K
Total: N/A
Total Grants
9
Total Giving
$68K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
3
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Loudoun Hunger ReliefHunger Relief | Leesburg, VA | $25K | 2023 |
| Westmoreland Davis Memorial FoudatiEducation | Leesburg, VA | $1K | 2022 |
| Aaron'S AcresEducation | Lancaster, PA | $1K | 2022 |