La Chiave Foundation Inc

Private foundation · Grantmaker Reno, NV EIN: 99-4149477

La Chiave Foundation Inc is a private foundation, based in Reno, NV. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $14.8M in total assets. Net investment income was $293K.

Key facts about La Chiave Foundation Inc

EIN
99-4149477
Latest 990 filing
Form 990-PF, 2025
Total assets
$14,794,797

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$14.8M

Revenue

$325K

Net Investment Income

$293K

Expenses

$31K

Under IRS private-foundation payout rules, La Chiave Foundation Inc reported a distributable amount of $380K for 2025 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100K$200K$300K$400K20242025
Metric20252024
Total Assets$14,794,797—
Revenue$324,673—
Expenses$31,240—
Qualifying Distributions——
Net Investment Income$293,433—
Distributable Amount$380,320—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
  2. IRS filings on file for fiscal year 2024

Leadership & Key People

Officers and directors from IRS filings

La Chiave Foundation Inc is led by Michael Melarkey, Director & President on every filing since 2024; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michael Melarkey

    Director & President

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Carolyn Ferraro

    Director & Treasurer

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Gregory Ferraro

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Karen Melarkey

    Director & Secretary

    On filings since 2024

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2024–2025. "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 La Chiave Foundation Inc

How large is La Chiave Foundation Inc?

La Chiave Foundation Inc reported $14.8M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $325K.

How much is La Chiave Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, La Chiave Foundation Inc reported a distributable amount of $380K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is La Chiave Foundation Inc's EIN?

La Chiave Foundation Inc's EIN (Employer Identification Number) is 99-4149477. IRS Form 990 filing data is available on this page for 2024–2025.

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

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