Faris & Christine Chesley Foundation Dtd 103197
The Faris & Christine Chesley Foundation Dtd 103197 is a private foundation based in Chicago, Illinois. Its 2022 filing is marked as the foundation’s final return, indicating that it appears to have wound down or stopped grantmaking.
Key facts about Faris & Christine Chesley Foundation Dtd 103197
In short: Faris & Christine Chesley Foundation Dtd 103197 gave $825K across 12 grants in 2022 (avg $69K), mostly in Florida. 17% of 2022 grantees were new. Source: 2022 IRS Form 990-PF.
- EIN
- 36-7207803
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $824,591
- Grants made (2022)
- 12
- Average grant
- $68,716
- Median grant
- $4,500
- New grantees (estimate)
- 17% first-time grantees (2 of 12, 2022)
- Primary geography
- Florida (98% of itemized 2022 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓
Data from IRS Form 990-PF, 2022; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$825K
+877.1% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$69K
+958.5% YoY
Under IRS private-foundation payout rules, Faris & Christine Chesley Foundation Dtd 103197 reported a distributable amount of $36K for 2022 — the minimum it must pay out in qualifying distributions.
Is Faris & Christine Chesley Foundation Dtd 103197 open to new grantees?
17%
first-time grantees, 2022
In 2022, 2 of 12 grantees (17%) were first-time recipients. First grants averaged $349K; repeat grants $13K. How we count
Medians: $349K first-time, $5K repeat.
- 67% of 2022 grantees were also funded in 2021. Method
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2022). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2022 grants went to organizations including an arts museum, scholarship and educational-support organizations, cultural and historical organizations, a medical-center board, and a charitable fund.
The Vero Beach Museum of Art describes its mission as providing cultural leadership and public enrichment through educational, studio art, and humanities programs, exhibitions, and the collection and presentation of art. Indian Hill Club Scholarship Foundation says it provides scholarships for educational support, including tutoring and secondary and post-secondary tuition. UCLA Foundation describes itself as the giving, receiving, and investing arm of the UCLA campus, enabling private donors to support the university’s academic and research work.
Grantmaking
In 2022, the foundation reported 12 grants totaling $824,591. Grant amounts ranged from $1,000 to $697,591, with a median of $4,500. In 2021, it reported 13 grants totaling $84,390.
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Geographic Focus
Where this funder awards grants
In 2022, 98% of grant dollars went to recipients in Florida, 1% to Illinois, 1% to Virginia, and less than 1% to California. The listed recipients included organizations in Vero Beach and other Florida locations, as well as organizations in Illinois, Virginia, and California.
Grant Distribution by State
Share of 2022 grant dollars across all 12 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $22K (2020) to $825K (2022). In 2022 it made 12 grants totaling $825K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
The largest 2022 recipient was Schwab Charitable Fund ($698K). Together the top 10 received $823K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 30 grants of 34 (88%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable Fund Orlando, FL | Donor Advised Fund | $697,591 |
| Distinguished Lecturer Series Foundation Inc Vero Beach, FL | To provide operating funds. | $50,000 |
| Riverside Theater Vero Beach, FL | To provide operating funds. | $50,000 |
| Vero Beach Museum of Art Vero Beach, FL | To provide operating funds. | $7,000 |
| The Women's Board Rush University Medical Center Chicago, IL | To provide operating funds. | $5,000 |
| The Colonial Williamsburg Foundation Williamsburg, VA | To provide operating funds. | $5,000 |
| Kenilworth Union Church Kenilworth, IL | To provide operating funds. | $4,000 |
| Cleveland Clinic Indian River Foundation Vero Beach, FL | To provide operating funds. | $2,000 |
| John's Island Foundation Indian River Shores, FL | To provide operating funds. | $1,000 |
| Indian Hill Club Scholarship Foundation Winnetka, IL | To provide operating funds. | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grants reported | Grant count |
|---|---|---|
| 2022 | $824,591 | 12 |
| 2021 | $84,390 | 13 |
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $549,360 | $603,949 |
| Revenue | $67,531 | $37,849 | $44,850 |
| Expenses | $827,061 | $92,599 | $26,798 |
| Qualifying Distributions | $827,061 | $84,390 | — |
| Net Investment Income | $65,631 | $26,221 | $44,850 |
| Distributable Amount | $35,713 | $45,557 | $40,197 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2020 (received by the IRS July 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- IRS filings on file for fiscal years 2021–2022
Leadership & Key People
Leadership team and compensation from IRS filings
The 2022 filing lists Faris Chesley and Christine Chesley as trustees.
Faris & Christine Chesley Foundation Dtd 103197's 2022 filing lists 2 officers; none of the 2 officers listed in 2022 report compensation.
Officers on the 2022 filing
Christine Chesley
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Faris Chesley
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 135 South Lasalle Street, Chicago, IL 60603
Phone: (312) 873-1266
Frequently asked questions about Faris & Christine Chesley Foundation Dtd 103197
How much does Faris & Christine Chesley Foundation Dtd 103197 give each year?
Faris & Christine Chesley Foundation Dtd 103197 gave $825K across 12 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $84K across 13 grants.
What is Faris & Christine Chesley Foundation Dtd 103197's typical grant size?
Faris & Christine Chesley Foundation Dtd 103197's median grant in 2022 was $4,500, and its average grant was $68,716, across 12 grants on its 2022 IRS Form 990-PF. Organizations receiving their first grant from Faris & Christine Chesley Foundation Dtd 103197 that year got $349K on average.
Where does Faris & Christine Chesley Foundation Dtd 103197 give grants?
Faris & Christine Chesley Foundation Dtd 103197 gives mostly in Florida: 98% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Vero Beach, FL (4 grants).
Does Faris & Christine Chesley Foundation Dtd 103197 give general operating support?
Yes: 92% of Faris & Christine Chesley Foundation Dtd 103197's 2022 grants with a stated purpose (11 of 12) were for general or operating support, per its 2022 IRS Form 990-PF.
Who are Faris & Christine Chesley Foundation Dtd 103197's largest grantees?
Faris & Christine Chesley Foundation Dtd 103197's largest 2022 grantees include Schwab Charitable Fund ($697,591), Distinguished Lecturer Series Foundation Inc ($50,000) and Riverside Theater ($50,000), according to its 2022 IRS Form 990-PF. Together they received 97% of its itemized 2022 grant dollars.
What does Faris & Christine Chesley Foundation Dtd 103197 fund?
No mission statement for the foundation is provided. Its 2022 grants went to organizations including an arts museum, scholarship and educational-support organizations, cultural and historical organizations, a medical-center board, and a charitable fund. See mission & focus areas ↑
How do I apply for a grant from Faris & Christine Chesley Foundation Dtd 103197?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Faris & Christine Chesley Foundation Dtd 103197 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Faris & Christine Chesley Foundation Dtd 103197 reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Faris & Christine Chesley Foundation Dtd 103197's EIN?
Faris & Christine Chesley Foundation Dtd 103197's EIN (Employer Identification Number) is 36-7207803. IRS Form 990 filing data is available on this page for 2020–2022.
Does Faris & Christine Chesley Foundation Dtd 103197 accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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