Chaffee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLOUGHBY, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $994K in total assets. In 2024, it awarded 5 grants totaling $58K. Net investment income was $47K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$994K
-0.8% YoY
Annual Giving
$58K
+5.1% YoY
Grant Count
5
-37.5% YoY
Avg Grant Size
$12K
+68.1% YoY
Under IRS private-foundation payout rules, Chaffee Family Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About Chaffee Family Foundation
Based on IRS filings
Chaffee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLOUGHBY, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $994K in total assets. In 2024, it awarded 5 grants totaling $58K. Net investment income was $47K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $994,371 | $1,002,444 | $1,059,056 |
| Revenue | $65,292 | $13,532 | $28,975 |
| Expenses | $73,365 | $70,144 | $83,115 |
| Qualifying Distributions | $57,600 | $54,825 | $54,655 |
| Net Investment Income | $47,117 | $36,799 | $40,203 |
| Distributable Amount | $48,460 | $49,273 | $51,124 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cleveland Jazz Orchestra ($15,000), Great Lakes Science Center ($15,000), Tri County Jobs for Ohio Graduates ($12,600).
| Recipient | Purpose | Amount |
|---|---|---|
| Nordonia High School Northfield, OH | Operating Funds | $5,000 |
| Tri County Jobs for Ohio Graduates Akron, OH | Operating funds | $12,600 |
| Cleveland Jazz Orchestra Broadview Heights, OH | Operating funds | $15,000 |
| Cleveland Zoological Society Cleveland, OH | Operating funds | $10,000 |
| Great Lakes Science Center Cleveland, OH | Operating funds | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paul R Chaffee | Vice President | 5 | — |
| Cynthia A Chaffee | President | 5 | — |
| Benjamin Chaffee | Secretary | 1 | — |
| Samuel Chaffee | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Chaffee Family Foundation?
Chaffee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLOUGHBY, OH. It holds $994K in total assets as of 2024.
How large is Chaffee Family Foundation?
As of 2024, Chaffee Family Foundation holds $994K in total assets with $65K in annual revenue. It awarded 5 grants totaling $58K in 2024.
Where does Chaffee Family Foundation operate?
Chaffee Family Foundation has awarded grants in Ohio.
What size grants does Chaffee Family Foundation award?
In 2024, Chaffee Family Foundation awarded 5 grants totaling $58K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Chaffee Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Chaffee Family Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Chaffee Family Foundation's EIN?
Chaffee Family Foundation's EIN (Employer Identification Number) is 83-2938861. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Chaffee Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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