Chance Comes Once Foundation
CHANCE COMES ONCE FOUNDATION is a private foundation based in Austin, Texas. It gave $31,743 through 20 grants in filing year 2025, and states that it contributes only to preselected charitable organizations.
Key facts about Chance Comes Once Foundation
In short: Chance Comes Once Foundation gave $32K across 20 grants in 2025 (avg $2K), mostly in Texas. 35% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 83-1714072
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $31,743
- Grants made (2025)
- 20
- Average grant
- $1,587
- Median grant
- $1,036
- New grantees (estimate)
- 35% first-time grantees (7 of 20, 2025)
- Total assets
- $440,717
- Primary geography
- Texas (74% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$441K
-3.5% YoY
Annual Giving
$32K
+39.4% YoY
Grant Count
20
+17.6% YoY
Avg Grant Size
$2K
+18.5% YoY
Under IRS private-foundation payout rules, Chance Comes Once Foundation reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.
Is Chance Comes Once Foundation open to new grantees?
35%
first-time grantees, 2025
In 2025, 7 of 20 grantees (35%) were first-time recipients. First grants averaged $1K; repeat grants $2K. How we count
Medians: $1K first-time, $1K repeat.
- 65% of 2025 grantees were also funded in 2024. Method
- Giving grew 38% from 2022 to 2025. Method
- In 2025 it paid out 135% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included organizations with a range of missions. For example, Austin Parks Foundation says it partners with its community to improve parks, trails, and green spaces; Caritas of Austin says it provides housing and tailored services to prevent and end homelessness; and Austin Pets Alive says it works to eliminate the killing of companion animals through resources, education, and programs. These are the grantees’ descriptions of their own missions.
Grantmaking
In filing year 2025, the foundation made 20 grants totaling $31,743. Grants ranged from $1,000 to $6,061, with a median grant of $1,036. The stated purpose for the listed grants was to fund each organization’s exempt purpose.
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Geographic Focus
Where this funder awards grants
In 2025, 74% of grant dollars went to recipients in Texas, 9% to Oregon, 3% to Pennsylvania, 3% to Washington, D.C., and 3% to California.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $15K (2020) to $32K (2025). In 2025 it made 20 grants totaling $32K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Mission Possible of Austin ($6K). Together the top 10 received $22K.
Grant Size Distribution
92 grants across all recorded years
The most common grant size was under $50K: 92 grants of 92 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mission Possible of Austin Austin, TX | To Fund Organization's Exempt Purpose | $6,061 |
| Peloton U Austin, TX | To Fund Organization's Exempt Purpose | $4,166 |
| Africa New Life Ministries Portland, OR | To Fund Organization's Exempt Purpose | $3,000 |
| Austin Parks Foundation Austin, TX | To Fund Organization's Exempt Purpose | $2,000 |
| Hope Walks York Springs, PA | To Fund Organization's Exempt Purpose | $1,066 |
| Explore Austin Austin, TX | To Fund Organization's Exempt Purpose | $1,052 |
| Austin Pets Alive Austin, TX | To Fund Organization's Exempt Purpose | $1,050 |
| Foster Angels of Central Texas Austin, TX | To Fund Organization's Exempt Purpose | $1,040 |
| Caritas of Austin Austin, TX | To Fund Organization's Exempt Purpose | $1,037 |
| Age of Central Texas Austin, TX | To Fund Organization's Exempt Purpose | $1,037 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $440,717 | $20,033 | $36,200 | $31,743 | 20 |
| 2024 | $456,884 | $50,587 | $26,972 | $22,771 | 17 |
| 2023 | $433,269 | $59,124 | $24,888 | $20,896 | 20 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $440,717 | $456,884 | $433,269 |
| Revenue | $20,033 | $50,587 | $59,124 |
| Expenses | $36,200 | $26,972 | $24,888 |
| Qualifying Distributions | $33,811 | $24,733 | $22,806 |
| Net Investment Income | $16,606 | $12,184 | $8,067 |
| Distributable Amount | $25,088 | $23,023 | $19,723 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 9, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Clay Davis as president, Meredith Davis as secretary, and Alayna Davis as treasurer.
Chance Comes Once Foundation is led by Clay Davis, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Clay Davis
President
On filings since 2020
0.1 hrs/week
No compensation reported
Alayna Davis
Treasurer
On filings since 2020
0.1 hrs/week
No compensation reported
Meredith Davis
Secretary
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 1401 Lavaca St 573, Austin, TX 78701
Phone: (512) 422-6677
Website: https://www.chancecomesonce.org
Frequently asked questions about Chance Comes Once Foundation
How much does Chance Comes Once Foundation give each year?
Chance Comes Once Foundation gave $32K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $23K across 17 grants.
What is Chance Comes Once Foundation's typical grant size?
Chance Comes Once Foundation's median grant in 2025 was $1,036, and its average grant was $1,587, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Chance Comes Once Foundation that year got $1K on average.
Where does Chance Comes Once Foundation give grants?
Chance Comes Once Foundation gives mostly in Texas: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Oregon (9%). The most frequent recipient cities were Austin, TX (13 grants).
Who are Chance Comes Once Foundation's largest grantees?
Chance Comes Once Foundation's largest 2025 grantees include Mission Possible of Austin ($6,061), Peloton U ($4,166) and Africa New Life Ministries ($3,000), according to its 2025 IRS Form 990-PF. Together they received 42% of its itemized 2025 grant dollars.
How large is Chance Comes Once Foundation?
Chance Comes Once Foundation reported $441K in total assets on its 2025 IRS Form 990-PF. It paid out $34K in qualifying distributions that year, against a required minimum of $25K (roughly 5% of its investment assets).
What does Chance Comes Once Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included organizations with a range of missions. See mission & focus areas ↑
How do I apply for a grant from Chance Comes Once Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Chance Comes Once Foundation's EIN?
Chance Comes Once Foundation's EIN (Employer Identification Number) is 83-1714072. IRS Form 990 filing data is available on this page for 2020–2025.
Does Chance Comes Once Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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