Chenega Future Inc
Chenega Future, Inc. (CFI) is an Anchorage, Alaska-based private foundation established and funded by Chenega Corporation. It supports education and career development for Chenega Corporation shareholders, spouses of living shareholders, and their descendants through scholarships, training, internships, and related programs.
Chenega Future Inc at a glance
In short: Chenega Future Inc gave $120K across 15 grants in 2024 (avg $8K), mostly in Alaska. 58% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $120,417
- +2.5% vs 2023
- Grants made (2024)
- 15
- +15.4% vs 2023
- Average grant
- $8,028
- -11.2% vs 2023
- Median grant
- $6,000
- Total assets
- $476,976
- -41.9% vs 2023
- New grantees (estimate)
- 58% first-time grantees (7 of 12, 2024; small sample)
- Primary geography
- Alaska (52% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Chenega Future Inc
- How to Apply
-
Applicants submit a completed online application with the information and attachments required by the form. Applications are reviewed against criteria set by the board. Eligible applicants must be Chenega Corporation shareholders, or the spouse or lineal descendant of a shareholder; descendants of board members or the executive director are ineligible.
- Review Cycle
- April 1, August 1, and December 1, or 10 days before the start of short-term training.
- Deadline
- April 1, August 1, and December 1, or 10 days before the start of short-term training.
- Contact
Application contact: Margaret Bauer
Mailing address: 3000 C St Ste 301, Anchorage, AK 99503
Phone: (907) 277-5706
Website: https://chenegafuture.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Chenega Future Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Available Upon Request ($26K across 3 grants). Together the top 10 received $109K.
Grant Size Distribution
88 grants across all recorded years
The most common grant size was under $50K: 88 grants of 88 (100%).
Geographic Focus
Where this funder awards grants
CFI’s stated eligibility is based on a relationship to a Chenega Corporation shareholder. In 2024, 52% of grant dollars went to recipients in Alaska, 25% to Tennessee, 11% to Wisconsin, 7% to Texas, and 5% to California.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Is Chenega Future Inc open to new grantees?
58%
first-time grantees, 2024
In 2024, 7 of 12 grantees (58%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $8K; repeat grants $8K. How we count
Medians: $6K first-time, $8K repeat.
- 33% of 2024 grantees were also funded in 2023. Method
- Giving fell 40% from 2021 to 2024. Method
- In 2024 it paid out 726% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $118K (2023) to $199K (2021). In 2024 it made 15 grants totaling $120K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chloe Gall Anchor Point, AK | Education | $13,500 |
| Levi Busse Clear Lake, WI | Education | $13,333 |
| Available Upon Request Anchorage, AK | Funeral Expenses | $12,951 |
| Available Upon Request Anchorage, AK | Funeral Expenses | $12,873 |
| Chloe Knutsen Belfast, TN | Education | $12,000 |
| Kylie Knutsen Belfast, TN | Education | $12,000 |
| Shara Kompkoff Kountze, TX | Education | $8,000 |
| Amelia Elgarico Anchorage, AK | Education | $6,000 |
| Cadence Selanoff Kenai, AK | Education | $6,000 |
| Kayla Knutsen Belfast, TN | Education | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $476,976 | $14,556 | $358,762 | $120,417 | 15 | $120,417 | $16,594 |
| 2023 | $820,912 | $554,565 | $505,822 | $117,532 | 13 | $117,532 | $4,771 |
| 2022 | $771,059 | $150,000 | $438,167 | $122,549 | 14 | $116,494 | $6,189 |
| 2021 | $1,048,935 | $695,000 | $510,107 | $199,456 | 20 | $199,456 | $4,599 |
| 2020 | $864,042 | $535,000 | $529,644 | $147,459 | 26 | — | $885 |
Under IRS private-foundation payout rules, Chenega Future Inc reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
CFI’s stated aim is to help Chenega people succeed through customized education and career planning. Its scholarship support covers college degrees, professional certifications, and job-ready training; it also provides ongoing educational support and career planning. Other activities include internship placements for full-time college students, advising and coaching, and programs such as Future Quest! and the Elders & Youth Conference.
Grantmaking
In 2024, CFI reported 15 grants totaling $120,417. Awards ranged from $140 to $13,500, with a median of $6,000. Listed awards included $13,500 to Chloe Gall for education; $13,333 to Levi Busse for education; and two awards of $12,951 and $12,873 for funeral expenses, each listed as “an individual recipient” Other listed education awards included $12,000 each to Chloe Knutsen and Kylie Knutsen.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Lloyd Kompkoff as president/chair, Joseph Kompkoff Jr. as vice president, Leann Higgins as secretary/treasurer, and Rami Paulson and Michael Vigil as board members.
Chenega Future Inc is led by Lloyd Kompkoff, President & Chair since 2023 (on filings since 2020); all 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Lloyd Kompkoff
President & Chair
Executive Director → President & Chair, 2023
On filings since 2020
1 hr/week
$1K (2023) → $1K (2024)
Joseph Kompkoff Jr.
Vice President
On filings since 2020
1 hr/week
$3K (2020) → $4K (2024)
Leann Higgins
Secretary & Treasurer
On filings since 2020
1 hr/week
$4K (2020) → $4K (2024)
Michael Vigil
Board Member
On filings since 2020
1 hr/week
$2K (2020) → $2K (2024)
Rami Paulson
Board Member
On filings since 2020
1 hr/week
$4K (2020) → $4K (2024)
Former officers (1)
- Former: Michael Pipkin (2020–2023) — Chairman
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $4K, to Leann Higgins (Secretary/Treasurer). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Chenega Future Inc
How much does Chenega Future Inc give each year?
Chenega Future Inc gave $120K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $118K across 13 grants.
What is Chenega Future Inc's typical grant size?
Chenega Future Inc's median grant in 2024 was $6,000, and its average grant was $8,028, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Chenega Future Inc that year got $8K on average.
Where does Chenega Future Inc give grants?
Chenega Future Inc gives mostly in Alaska: 52% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (25%) and Wisconsin (11%). The most frequent recipient cities were Anchorage, AK (7 grants) and Belfast, TN (3 grants).
Does Chenega Future Inc give general operating support?
Not in 2024: none of the 15 grants with a stated purpose on Chenega Future Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (12 grants) and "Funeral Expenses" (3 grants).
Who are Chenega Future Inc's largest grantees?
Chenega Future Inc's largest 2024 grantees include Available Upon Request ($25,964 across 3 grants), Chloe Gall ($13,500) and Levi Busse ($13,333), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.
How large is Chenega Future Inc?
Chenega Future Inc reported $477K in total assets on its 2024 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).
What does Chenega Future Inc fund?
CFI’s stated aim is to help Chenega people succeed through customized education and career planning. Its scholarship support covers college degrees, professional certifications, and job-ready training; it also provides ongoing educational support and career planning. See mission & focus areas ↑
How do I apply for a grant from Chenega Future Inc?
Applicants submit a completed online application with the information and attachments required by the form. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Chenega Future Inc's EIN?
Chenega Future Inc's EIN (Employer Identification Number) is 94-3111730. 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. Research dossier generated September 2026.
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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