Chestnut Street Foundation Inc
Chestnut Street Foundation Inc is a private foundation, based in Leesburg, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $140K in total assets. In 2025, it awarded 4 grants totaling $56K. Net investment income was $25K.
Chestnut Street Foundation Inc at a glance
In short: Chestnut Street Foundation Inc gave $56K across 4 grants in 2025 (avg $14K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $55,500
- +46.1% vs 2024
- Grants made (2025)
- 4
- +100.0% vs 2024
- Average grant
- $13,875
- -27.0% vs 2024
- Median grant
- $3,000
- Total assets
- $140,347
- -17.9% vs 2024
- Primary geography
- Virginia (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Chestnut Street Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Loudoun Hunger Relief ($49K). Together the top 4 received $56K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Chestnut Street Foundation Inc gives
- Giving grew 296% from 2022 to 2025. Method
- In 2025 it paid out 457% 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 2025, annual grant giving ranged from $12K (2020) to $56K (2025). In 2025 it made 4 grants totaling $56K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Loudoun Hunger Relief Leesburg, VA | Hunger Relief | $49,000 |
| Westmoreland Davis MemoriFoundation Leesburg, VA | Historical Education | $4,000 |
| A Farm Less Ordinary Purcellville, VA | Benevolent Care | $2,000 |
| The Asbury Foundation Frederick, MD | Benevolent Care | $500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $140,347 | $27,325 | $57,962 | $55,500 | 4 | $55,500 | $24,863 | $12,148 |
| 2024 | $170,933 | $24,096 | $40,444 | $38,000 | 2 | $38,000 | $21,652 | $12,745 |
| 2023 | $187,230 | $15,605 | $27,226 | $25,000 | 1 | $25,000 | $13,352 | $12,374 |
| 2022 | $198,851 | $3,949 | $16,572 | $14,000 | 3 | $14,000 | $1,953 | $13,938 |
| 2021 | $211,585 | $16,160 | $18,203 | $15,000 | 2 | $15,000 | $12,955 | $14,815 |
| 2020 | $213,729 | $40,246 | $14,342 | $12,000 | 3 | — | $37,904 | $13,198 |
Under IRS private-foundation payout rules, Chestnut Street Foundation Inc reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Chestnut Street Foundation Inc is led by Michael E Liddick, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael E Liddick
President
On filings since 2020
2 hrs/week
No compensation reported
Kathleen R Liddick
Vice President
V.p. → Vice President, 2024
On filings since 2020
1 hr/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.
Frequently asked questions about Chestnut Street Foundation Inc
How much does Chestnut Street Foundation Inc give each year?
Chestnut Street Foundation Inc gave $56K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $38K across 2 grants.
What is Chestnut Street Foundation Inc's typical grant size?
Chestnut Street Foundation Inc's median grant in 2025 was $3,000, and its average grant was $13,875, across 4 grants on its 2025 IRS Form 990-PF.
Where does Chestnut Street Foundation Inc give grants?
Chestnut Street Foundation Inc gives mostly in Virginia: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Leesburg, VA (2 grants).
Does Chestnut Street Foundation Inc give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Chestnut Street Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is Chestnut Street Foundation Inc?
Chestnut Street Foundation Inc reported $140K in total assets on its 2025 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What is Chestnut Street Foundation Inc's EIN?
Chestnut Street Foundation Inc's EIN (Employer Identification Number) is 54-2062181. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 28, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 10, 2026)
- IRS filings on file for fiscal years 2020–2025
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