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The Chambless Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2021. The principal officer is Foundation Source. It holds total assets of $1.7M. Annual income is reported at $463K. 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 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, The Chambless Family Foundation has made 24 grants totaling $310K, with a median grant of $10K. The foundation has distributed between $68K and $167K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $167K distributed across 16 grants. Individual grants have ranged from $1K to $35K, with an average award of $13K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$20K
Average Grant
$14K
Largest Grant
$20K
Based on 5 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.
The Chambless Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in TX.
The Chambless Family Foundation has distributed a total of $310K across 24 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $1K to $35K.
The Chambless Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Chambless Family Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lesley Ann Chambless | Dir, Sec, Treas | $0 | $0 | N/A |
| Michael C Chambless | Dir, Pres | $0 | $0 | N/A |
Total Giving
$96K
Total Assets
$1.7M
Fair Market Value
$1.7M
Net Worth
$1.7M
Grants Paid
$75K
Contributions
N/A
Net Investment Income
$24K
Distribution Amount
$77K
Total Grants
24
Total Giving
$310K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
9
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| State Fair Of TexasYouth Livestock Auction | Dallas, TX | $35K | 2023 |
| Toward Jerusalem Council IiGeneral & Unrestricted | Dallas, TX | $20K | 2023 |
| Soul Harvest Missions IncGeneral & Unrestricted | Canton, TX | $20K | 2023 |
| Acts Today Ministries International IncGeneral & Unrestricted | Wylie, TX | $10K | 2022 |
| Gateway ChurchGeneral & Unrestricted | Southlake, TX | $9K | 2022 |
| North Texas Food BankGeneral & Unrestricted | Plano, TX | $5K | 2022 |
| The Crystal Charity BallCharitable Event | Dallas, TX | $1K | 2022 |
| Hope Supply CoGeneral & Unrestricted | Dallas, TX | $5K | 2021 |
| Friends Of The Katy Trail IncGeneral & Unrestricted | Dallas, TX | $3K | 2021 |