Chenega Future Inc

ANCHORAGE, AK EIN: 94-3111730 Website

Chenega Future, Inc. (CFI) is a wholly-independent non-profit, 501(c)(3) corporate foundation established and funded by Chenega Corporation. Based in Anchorage, Alaska, CFI provides scholarships, education and career planning services, internship placements, and support programs exclusively for Chenega Corporation shareholders, their spouses, and descendants.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$477K

-41.9% YoY

Annual Giving

$120K

+2.5% YoY

Grant Count

+15.4% YoY

Avg Grant Size

$8K

-11.2% YoY

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 April 2026.

Mission & Focus Areas

CFI's mission is to empower Chenega people through customized education and career planning to ensure long-term success. The foundation's primary program areas include:

Scholarships and Educational Programs: Performance-based scholarships for college degrees, professional certifications, and job-ready training
Education and Career Planning: Skill and interest assessments, ongoing advising and coaching, resume and cover letter preparation, and job/career strategy development
Internship and Management Track Programs: Internship placements for full-time college students and career development opportunities
Workshops, Conferences & Camps: Programs including Future Quest! and the Elders & Youth Conference designed to support educational, cultural, and life pursuits
Culture Preservation: Language reclamation and revival of traditional practices (active since 2004)
Medical and Funeral Assistance: Support for medical treatment and funeral expenses

Grantmaking

Scholarships are available to:

Review Cycle

(2025-2026):**

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Geographic Focus

Where this funder awards grants

CFI primarily operates in Alaska, with a focus on supporting Chenega shareholders and their families. The foundation has noted particular interest in career opportunities in the Geomatics/Land Surveying field and oil spill response training through partnerships in Prince William Sound (Valdez and Cordova areas).

Grant Distribution by State

Alaska $417K (59%)

Washington $141K (20%)

Tennessee $47K (7%)

Texas $24K (3%)

Wisconsin $16K (2%)

Arkansas $16K (2%)

California $14K (2%)

Arizona $12K (2%)

+4 more states

States

Alaska Arkansas Arizona California Nevada Oregon Tennessee Texas Utah Virginia Washington Wisconsin

Cities

AlexandriaAnchor PointAnchorageAptosBelfastChenega BayClear LakeCoos BayDavisDierksGreshamKenaiKountzeLas VegasLewisbergNeah BayNewhopePortlandRentonSeward

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

Total assets: $476,976
Total revenues: $14,556
Total expenses: $358,762
Number of employees: 0

As of December 31, 2023:

Total assets: $820,912
Total revenues: $554,565
Total expenses: $505,822
Total grants, contributions: $550,000

Revenue Composition (2023):

Total grants and contributions: $550,000
Miscellaneous revenues: $4,565

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$476,976	$820,912	$771,059
Revenue	$14,556	$554,565	$150,000
Expenses	$358,762	$505,822	$438,167
Qualifying Distributions	$120,417	$117,532	$116,494
Net Investment Income	—	—	—
Distributable Amount	$16,594	$4,771	$6,189

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

88 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Chloe Gall ($13,500), Levi Busse ($13,333), Available Upon Request ($12,951).

Recipient	Purpose	Amount
AVAILABLE UPON REQUEST ANCHORAGE, AK	FUNERAL EXPENSES	$12,951
AVAILABLE UPON REQUEST ANCHORAGE, AK	FUNERAL EXPENSES	$12,873
AVAILABLE UPON REQUEST ANCHORAGE, AK	FUNERAL EXPENSES	$140
AMELIA ELGARICO ANCHORAGE, AK	EDUCATION	$6,000
CADENCE SELANOFF KENAI, AK	EDUCATION	$6,000
CHLOE GALL ANCHOR POINT, AK	EDUCATION	$13,500
CHLOE KNUTSEN BELFAST, TN	EDUCATION	$12,000
KAYLA KNUTSEN BELFAST, TN	EDUCATION	$6,000
KYLIE KNUTSEN BELFAST, TN	EDUCATION	$12,000
LEVI BUSSE CLEAR LAKE, WI	EDUCATION	$13,333

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Directors:

President/Chair: Lloyd Kompkoff
Vice President/Vice Chair: Joseph Kompkoff, Jr.
Secretary/Treasurer: Lloyd Kompkoff Jr.
Board Member: Rami Paulsen
Board Member: Michael Vigil

Staff:

Program Manager: Michael Pipkin
Shareholder Services Manager: Patti Andrews
Shareholder Development Manager: Margaret Bauer

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LLOYD KOMPKOFF	PRESIDENT/CHAIR	1	$1,237
JOSEPH KOMPKOFF JR	VICE PRESIDENT	1	$3,800
LEANN HIGGINS	SECRETARY/TREASURER	1	$4,000
RAMI PAULSON	BOARD MEMBER	1	$4,000
MICHAEL VIGIL	BOARD MEMBER	1	$1,800

Frequently Asked Questions

What does Chenega Future Inc fund?

CFI's mission is to empower Chenega people through customized education and career planning to ensure long-term success. The foundation's primary program areas include: • **Scholarships and Educational Programs**: Performance-based scholarships for college degrees, professional certifications, and job-ready training • **Education and Career Planning**: Skill and interest assessments, ongoing advising and coaching, resume and cover letter preparation, and job/career strategy development • **Inte…

How do I apply for a grant from Chenega Future Inc?

**Grant Activity:** • In 2023, CFI awarded 15 grants to organizations • Total giving in 2023: $117,532 • Typical award range: $83–$23,259 **Scholarship Eligibility:** Scholarships are available to: • All Chenega Corporation shareholders • Descendants of shareholders (by birth or legal adoption) • Spouses of living shareholders Scholarship awards vary based on the accredited college, university, vocational school, or training institution in which the applicant is enrolled. **Application Deadline…

Where does Chenega Future Inc make grants?

What size grants does Chenega Future Inc award?

In 2024, Chenega Future Inc awarded 15 grants totaling $120K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Chenega Future Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Chenega Future Inc reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.