Business Meets Chess & Kids Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2K in total assets.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$2K
-1145.6% YoY
Revenue
$3K
-17.9% YoY
Net Investment Income
—
Expenses
$1K
-83.8% YoY
Under IRS private-foundation payout rules, Business Meets Chess & Kids Inc reported a distributable amount of $87 for 2023 — the minimum it must pay out in qualifying distributions.
About Business Meets Chess & Kids Inc
Based on IRS filings
Business Meets Chess & Kids Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2K in total assets.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,767 | $-169 | $4,424 |
| Revenue | $2,715 | $3,307 | $15 |
| Expenses | $1,442 | $8,912 | — |
| Qualifying Distributions | — | — | $1,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $87 | $65 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM K MASK OFFICER | OFFICER | 150 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Business Meets Chess & Kids Inc?
Business Meets Chess & Kids Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. It holds $2K in total assets as of 2023.
How large is Business Meets Chess & Kids Inc?
As of 2023, Business Meets Chess & Kids Inc holds $2K in total assets with $3K in annual revenue.
How much is Business Meets Chess & Kids Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Business Meets Chess & Kids Inc reported a distributable amount of $87 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Business Meets Chess & Kids Inc's EIN?
Business Meets Chess & Kids Inc's EIN (Employer Identification Number) is 83-4547805. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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