//
Also known as: CO THOMAS J RATELLE
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Stanley And Marvel Chong Foundation is a private corporation based in EDINA, MN. The foundation received its IRS ruling in 1986. The principal officer is John M Ratelle. It holds total assets of $1.4M. Annual income is reported at $215K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Stanley And Marvel Chong Foundation has made 28 grants totaling $344K, with a median grant of $10K. The foundation has distributed between $80K and $174K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $174K distributed across 14 grants. Individual grants have ranged from $3K to $40K, with an average award of $12K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$11K
Largest Grant
$35K
Based on 7 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.
Stanley And Marvel Chong Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in MN.
Stanley And Marvel Chong Foundation has distributed a total of $344K across 28 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $3K to $40K.
Stanley And Marvel Chong Foundation typically selects its grantees rather than accepting unsolicited proposals.
Stanley And Marvel Chong Foundation is headquartered in EDINA, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gordan P Heinson | DIRECTOR | $0 | $0 | N/A |
| Thomas J Ratelle | DIRECTOR | $0 | $0 | N/A |
| John M Ratelle | DIRECTOR | $0 | $0 | N/A |
Total Giving
$103K
Total Assets
$1.4M
Fair Market Value
$1.6M
Net Worth
$1.4M
Grants Paid
$90K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$77K
Total: $1.4M
Total Grants
28
Total Giving
$344K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Metro HopeGENERAL CHARITABLE PURPOSES | Minneapolis, MN | $5K | 2020 |
| Chinese American Association Of MnGENERAL CHARITABLE PURPOSES | Plymouth, MN | $40K | 2023 |
| College Of St BenedictGENERAL CHARITABLE PURPOSES | St Joseph, MN | $10K | 2023 |
| Chinese Heritage FoundationGENERAL CHARITABLE PURPOSES | Minneapolis, MN | $10K | 2023 |
| St Johns UniversityGENERAL CHARITABLE PURPOSES | Collegeville, MN | $10K | 2023 |
| University Of Mn China CenterGENERAL CHARITABLE PURPOSES | Minneapolis, MN | $10K | 2023 |
| Volunteers Of AmericaGENERAL CHARITABLE PURPOSES | Blaine, MN | $5K | 2023 |
| Metro Hope MinistriesGENERAL CHARITABLE PURPOSES | Minneapolis, MN | $5K | 2023 |
| Chinese American Assoc MnGENERAL CHARITABLE PURPOSES | Plymouth, MN | $35K | 2020 |
| St John'S UniversityGENERAL CHARITABLE PURPOSES | Collegeville, MN | $10K | 2020 |
| Chinese Heritage Foundation The MplGENERAL CHARITABLE PURPOSES | Minneapolis, MN | $8K | 2020 |
| Volunteers Of America Avanti CenterGENERAL CHARITABLE PURPOSES | Blaine, MN | $5K | 2020 |