Margaret Chesley Memorial Fund is a private foundation focused on Education, based in BELLVILLE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 27 grants totaling $63K. Net investment income was $178K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+5.3% YoY
Annual Giving
$63K
-0.6% YoY
Grant Count
27
-10.0% YoY
Avg Grant Size
$2K
+10.4% YoY
Under IRS private-foundation payout rules, Margaret Chesley Memorial Fund reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Margaret Chesley Memorial Fund
Based on IRS filings
Margaret Chesley Memorial Fund is a private foundation focused on Education, based in BELLVILLE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 27 grants totaling $63K. Net investment income was $178K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,092,521 | $1,987,218 | $1,923,590 |
| Revenue | $212,436 | $167,003 | $229,627 |
| Expenses | $107,133 | $103,375 | $116,427 |
| Qualifying Distributions | $70,198 | $63,200 | $60,250 |
| Net Investment Income | $177,741 | $144,660 | $187,726 |
| Distributable Amount | $39,917 | $45,636 | $54,673 |
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
146 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bellville Volunteer Fire Dept ($10,000), Boys & Girls Club ($5,500), Bellville United Methodist ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BELLVILLE COMMUNITY FOUNDATION BELLVILLE, TX | CHARITABLE PURPOSES | $1,500 |
| BELLVILLE FFA ALUM BELLVILLE, TX | CHARITABLE PURPOSES | $1,500 |
| BELLVILLE HISTORIC SOCIETY BELLVILLE, TX | CHARITABLE PURPOSES | $2,000 |
| BELLVILLE ISD BELLVILLE, TX | CHARITABLE PURPOSES | $1,000 |
| BELLVILLE LIONS-CONCORDIA INC BELLVILLE, TX | CHARITABLE PURPOSES | $2,000 |
| BELLVILLE SPORTSCOM BELLVILLE, TX | CHARITABLE PURPOSES | $500 |
| BELLVILLE UNITED METHODIST BELLVILLE, TX | CHARITABLE PURPOSES | $5,000 |
| BELLVILLE VOLUNTEER FIRE DEPT BELLVILLE, TX | ROB - 11/08/23 02:54PM WORKSHEET PRIVATE FOUNDATION | $10,000 |
| BELLVILLE YOUNG LIFE BELLVILLE, TX | CHARITABLE PURPOSES | $4,500 |
| BLEIBLERVILLE VOLUNTEER FIRE DEPARTMENT BELLVILLE, TX | CHARITABLE PURPOSES | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE LACKEY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Margaret Chesley Memorial Fund?
Margaret Chesley Memorial Fund is a private foundation focused on Education, based in BELLVILLE, TX. It holds $2.1M in total assets as of 2024.
How large is Margaret Chesley Memorial Fund?
As of 2024, Margaret Chesley Memorial Fund holds $2.1M in total assets with $212K in annual revenue. It awarded 27 grants totaling $63K in 2024.
Where does Margaret Chesley Memorial Fund operate?
Margaret Chesley Memorial Fund has awarded grants in Connecticut, Texas.
What size grants does Margaret Chesley Memorial Fund award?
In 2024, Margaret Chesley Memorial Fund awarded 27 grants totaling $63K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Margaret Chesley Memorial Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret Chesley Memorial Fund reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Margaret Chesley Memorial Fund's EIN?
Margaret Chesley Memorial Fund's EIN (Employer Identification Number) is 74-6044407. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Margaret Chesley Memorial Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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