Chesapeake Bay Trust

ANNAPOLIS, MD EIN: 52-1454182 Website

CHESAPEAKE BAY TRUST IS A PUBLIC, NONPROFIT GRANT-MAKING ORGANIZATION CREATED TO PROMOTE PUBLIC AWARENESS OF AND PARTICIPATION IN THE RESTORATION AND PROTECTION OF THE CHESAPEAKE BAY AND ITS TRIBUTARIES. (SEE SCHEDULE O FOR CONTINUATION) SINCE ITS ESTABLISHMENT IN 1985 BY THE MARYLAND GENERAL ASSEMBLY, THE TRUST HAS AWARDED MORE THAN $140 MILLION IN THE AREAS OF ENVIRONMENTAL EDUCATION, ON-THE-GROUND RESTORATION AND COMMUNITY OUTREACH.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$43.0M

+20.5% YoY

Annual Giving

$21.1M

+29.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$21.1M

+29.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$16M$23M$31M20202021202220232024
Metric202420232022
Total Assets$42,961,240$35,658,902$22,649,655
Revenue$28,427,407$22,229,296$15,960,669
Expenses$26,556,750$20,192,027$13,845,967
Qualifying Distributions
Net Investment Income$932,801$631,954$935,856
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$11M$16M$21M0 grants20200 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE SCHEDULE I PART IV$21.1M

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M2$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Chesapeake Bay Trust fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JANA L DAVIS PHDPRESIDENT$180KJEANNE NELSONVP OF FINANCE AND ADMINIST$130KKACEY M WETZELVP OF PROG. FOR OUTREACH/E$118KSADIE R DRESCHERVP OF PROGRAMS FOR RESTORA$117KSUZANNE ARMSTRONGVP OF DEVELOPMENT$105K

From 2024 filing

NameTitleHoursCompensation
JOSEPH E FARRENCHAIR10
ANTHONY MURRAY LEIGH JRTREASURER5
HON SENATOR PAMELA BEIDLETRUSTEE5
CORETTA BENNETTSECRETARY5
HON CHRISTOPHER M CORCHIARINOTRUSTEE5
BRIAN M HARTTRUSTEE5
JOSH KURTZTRUSTEE5
HON DAVID FRASER-HIDALGOTRUSTEE5
HENRY H HOPKINS ESQTRUSTEE5
JEFFREY HORTSMANTRUSTEE5
JASON D KEPPLERTRUSTEE5
JOE KOCHTRUSTEE5
ALEXANDER G NUNEZ ESQVICE-CHAIR5
BRYAN S OFFUTTTRUSTEE5
THOMASINA POIROT ESQTRUSTEE5
MATTHEW ROWETRUSTEE5
JOHN R VALLIANTTRUSTEE5
DR ASTRID CALDASTRUSTEE5
VERNICE MILLER-TRAVISTRUSTEE5
JANA L DAVIS PHDPRESIDENT40$179,531
JEANNE NELSONVP OF FINANCE AND ADMINIST40$129,648
KACEY M WETZELVP OF PROG. FOR OUTREACH/E40$117,514
SADIE R DRESCHERVP OF PROGRAMS FOR RESTORA40$117,055
SUZANNE ARMSTRONGVP OF DEVELOPMENT40$105,424

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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