Mary D Chafee Fund Co Mark Chafee
The Mary Dexter Chafee Fund is a private foundation based in Little Compton, Rhode Island. Established in October 1940, it operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic giving in its community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+22.3% YoY
Annual Giving
$155K
-6.4% YoY
Grant Count
35
+12.9% YoY
Avg Grant Size
$4K
-17.1% YoY
Under IRS private-foundation payout rules, Mary D Chafee Fund Co Mark Chafee reported a distributable amount of $169K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The Mary Dexter Chafee Fund is an active grantmaker with the following characteristics:
Grant Range
** Grants typically range from $5,000 to $10,000
Ready to take the next step with Mary D Chafee Fund Co Mark Chafee?
Geographic Focus
Where this funder awards grants
The foundation operates in Rhode Island, with a primary focus on Little Compton and the surrounding region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2.56 million
- Annual Revenue: $660,000
- Annual Expenses: $193,000
- Net Income: $466,996
- Total Liabilities: $0
As of 2023:
- Total Assets: $2.10 million
- Total Distributions: $165,539
The foundation maintains a strong financial position with significant assets relative to its annual giving, allowing for sustained philanthropic activity.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,562,976 | $2,095,980 | $2,126,466 |
| Revenue | $659,555 | $185,627 | $33,668 |
| Expenses | $192,559 | $216,113 | $184,865 |
| Qualifying Distributions | $157,874 | $168,227 | $165,339 |
| Net Investment Income | $625,534 | $152,510 | $43,481 |
| Distributable Amount | $168,759 | $155,362 | $164,526 |
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
153 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dorcas International Institute of Ri ($8,000), Families First Community Center ($8,000), Next Step Domestic Violence Currency ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANIMAL RESCUE LEAGUE OF SOUTHERN RI PEACE DALE, RI | OPERATIONS | $1,000 |
| BENJAMIN CHURCH SENIOR CENTER INC BRISTOL, RI | OPERATIONS | $2,000 |
| BETTER LIVES RI PROVIDENCE, RI | OPERATIONS | $4,000 |
| BOYS AND GIRLS CLUB OF PAWTUCKET PAWTUCKET, RI | OPERATIONS | $7,000 |
| BOYS AND GIRLS CLUB OF PROVIDENCE PROVIDENCE, RI | OPERATIONS | $7,000 |
| CHURCH OF THE REDEEMER PROVIDENCE, RI | OPERATIONS | $2,500 |
| CLOTHES TO KIDS RI JOHNSTON, RI | OPERATIONS | $2,000 |
| COLLEGE VISIONS PROVIDENCE, RI | OPERATIONS | $3,000 |
| COMMUNITY STRING PROJECT INC BRISTOL, RI | OPERATIONS | $2,000 |
| CONNECTING CHILDREN AND FAMILIES WOONSOCKET, RI | OPERATIONS | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by the following individuals:
- Helen Lee — President
- Mark Chafee — Treasurer
- Arthur Lee — Secretary
- Alexandra Reynolds — Director
- Elizabeth Oettinger — Director
- Coastline — Agent
All board members serve on a volunteer basis with no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDRA REYNOLDS | DIRECTOR | 2 | — |
| MARK CHAFEE | TREASURER | 2 | — |
| ARTHUR LEE | SECRETARY | 2 | — |
| ELIZABETH OETTINGER | DIRECTOR | 2 | — |
| COASTLINE | AGENT | 2 | — |
| HELEN LEE | PRESIDENT | 2 | — |
Frequently Asked Questions
How do I apply for a grant from Mary D Chafee Fund Co Mark Chafee?
The Mary Dexter Chafee Fund is an active grantmaker with the following characteristics: • **Grant Range:** Grants typically range from $5,000 to $10,000 • **Median Grant Size:** $5,000 • **Annual Grant Count:** Approximately 31 grants awarded annually • **Total Annual Distributions:** $165,000 to $168,000 The foundation does not list specific charitable activities on its Form 990-PF filings, indicating a flexible approach to grantmaking priorities.
Where does Mary D Chafee Fund Co Mark Chafee make grants?
The foundation operates in Rhode Island, with a primary focus on Little Compton and the surrounding region.
What size grants does Mary D Chafee Fund Co Mark Chafee award?
In 2024, Mary D Chafee Fund Co Mark Chafee awarded 35 grants totaling $155K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Mary D Chafee Fund Co Mark Chafee required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mary D Chafee Fund Co Mark Chafee reported a distributable amount of $169K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mary D Chafee Fund Co Mark Chafee's EIN?
Mary D Chafee Fund Co Mark Chafee's EIN (Employer Identification Number) is 05-6006295. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mary D Chafee Fund Co Mark Chafee's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
UNFI Foundation
PROVIDENCE, RI
Assets
—
Grants
64
Total Given
$1.6M
Woonsocket Rotary Charities
WOONSOCKET, RI
Assets
$218K
Grants
8
Total Given
$15K
Adrian M and Doris K Pearsall Family
NEWPORT, RI
Assets
$425K
Grants
20
Total Given
$50K
The Collis Foundation
PROVIDENCE, RI
Assets
$86.7M
Grants
22
Total Given
$2.5M
Felicia Fund Inc
PROVIDENCE, RI
Assets
$8.7M
Grants
34
Total Given
$646K
The De Ramel Foundation
NEWPORT, RI
Assets
$12.2M
Grants
32
Total Given
$616K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Mary D Chafee Fund Co Mark Chafee on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Mary D Chafee Fund Co Mark Chafee to a real strategy.