Chaney Family Foundation
Chaney Family Foundation is a private foundation focused on Medical Research, based in Lyndhurst, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 2 grants totaling $3.8M. Net investment income was $559K.
Chaney Family Foundation at a glance
In short: Chaney Family Foundation gave $3.8M across 2 grants in 2024 (avg $1.9M), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,811,881
- +8.9% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $1,905,941
- +8.9% vs 2023
- Median grant
- $1,905,941
- Total assets
- $4,885,051
- -0.4% vs 2023
- Primary geography
- Indiana (75% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Chaney Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Purdue University Foundation ($2.9M). Together the top 2 received $3.8M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $500K–1M range: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Chaney Family Foundation gives
- Giving grew 154% from 2021 to 2024. Method
- In 2024 it paid out 386% of 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
From 2020 to 2024, annual grant giving ranged from $1.0M (2020) to $3.8M (2024). In 2024 it made 2 grants totaling $3.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Purdue University Foundation West Lafayette, IN | Chaney Family Scholarship Endowment | $2,870,443 |
| Cleveland Clinic Foundation Cleveland, OH | Cole Eye Institute Innovation & Research Fund | $941,438 |
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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 | $4,885,051 | $3,475,231 | $3,818,738 | $3,811,881 | 2 | $3,811,881 | $558,562 | $987,329 |
| 2023 | $4,903,182 | $4,536,088 | $3,505,687 | $3,498,860 | 2 | $3,498,860 | $483,711 | $861,712 |
| 2022 | $4,684,904 | $2,083,288 | $2,022,366 | $2,000,000 | 2 | $2,000,000 | $421,017 | $820,918 |
| 2021 | $4,274,723 | $2,687,566 | $1,521,463 | $1,500,000 | 2 | $1,500,000 | $1,223,613 | $764,425 |
| 2020 | $4,851,173 | $1,776,814 | $1,020,179 | $1,000,000 | 2 | — | $740,418 | $626,371 |
Under IRS private-foundation payout rules, Chaney Family Foundation reported a distributable amount of $987K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Chaney Family Foundation is led by James B. Chaney, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
James B. Chaney
President
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 Chaney Family Foundation
How much does Chaney Family Foundation give each year?
Chaney Family Foundation gave $3.8M across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.5M across 2 grants.
How large is Chaney Family Foundation?
Chaney Family Foundation reported $4.9M in total assets on its 2024 IRS Form 990-PF. It paid out $3.8M in qualifying distributions that year, against a required minimum of $987K (roughly 5% of its investment assets).
What is Chaney Family Foundation?
Chaney Family Foundation is a private foundation focused on Medical Research, based in Lyndhurst, OH. It holds $4.9M in total assets as of 2024.
Where does Chaney Family Foundation operate?
Chaney Family Foundation has awarded grants in Indiana, Ohio.
What is Chaney Family Foundation's EIN?
Chaney Family Foundation's EIN (Employer Identification Number) is 46-1186115. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Chaney Family Foundation funds
Medical Research Open opportunities, soonest deadline first.
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Browse active grant opportunities in Chaney Family Foundation's focus areas in our free grants database
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