Blue Chip Foundation
Blue Chip Foundation is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. In 2024, it made $9 in qualifying distributions.
Blue Chip Foundation at a glance
- Qualifying distributions (2024)
- $9
- -100.0% vs 2023
- Expenses (2024)
- $9
- -100.0% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Blue Chip Foundation funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Blue Chip Foundation gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 3 grants totaling $31K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Duke University Durham, NC | Support the university's committment to excellence in teaching and researching. | $20,000 |
| Morning Glory Center Foundation Inc Townsend, DE | Support the vision of ghana where all women are empowered, children are fed and clothed, and all individuals have access to an education and the ability to live independently. | $6,000 |
| Morning Glory Center Foundation Inc Townsend, DE | Support the vision of ghana where all women are empowered, children are fed and clothed, and all individuals have access to an education and the ability to live independently. | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | $9 | — | — | $9 | — | — |
| 2023 | $9 | $15,256 | $19,586 | — | — | $19,586 | $10 | — |
| 2022 | $4,339 | $5,077 | $5,071 | — | — | $5,071 | $6 | $216 |
| 2021 | $4,333 | $37,140 | $37,240 | — | — | $37,240 | $1 | $232 |
| 2020 | $4,433 | $142,450 | $153,487 | $31,000 | 3 | — | $3 | $541 |
Leadership & Key People
Officers and directors from IRS filings
Blue Chip Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jennifer Gross
Trustee
On filings since 2020
7.5 hrs/week
No compensation reported
Peter Stengaard Petersen
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Blue Chip Foundation
Where does Blue Chip Foundation operate?
Blue Chip Foundation has awarded grants in Delaware, North Carolina.
What is Blue Chip Foundation's EIN?
Blue Chip Foundation's EIN (Employer Identification Number) is 81-2956668. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in Blue Chip Foundation's focus areas in our free grants database
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