The Bates & Margaret Chappell Foundation

Private foundation · Grantmaker Atlanta, GA EIN: 54-6457604

The Bates & Margaret Chappell Foundation is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $266K in total assets. In 2026, it awarded 4 grants totaling $45K. Net investment income was $24K.

Key facts about The Bates & Margaret Chappell Foundation

In short: The Bates & Margaret Chappell Foundation gave $45K across 4 grants in 2026 (avg $11K), mostly in Virginia. Source: 2026 IRS Form 990-PF.

EIN
54-6457604
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$45,000
Grants made (2026)
4
Average grant
$11,250
Median grant
$7,500
Total assets
$266,086
Primary geography
Virginia (89% of itemized 2026 grant dollars)

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

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$266K

-7.2% YoY

Annual Giving

$45K

+80.0% YoY

Grant Count

4

+300.0% YoY

Avg Grant Size

$11K

-55.0% YoY

Under IRS private-foundation payout rules, The Bates & Margaret Chappell Foundation reported a distributable amount of $19K for 2026 — the minimum it must pay out in qualifying distributions.

How The Bates & Margaret Chappell Foundation gives

  • In 2026 it paid out 231% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2026 grant dollars across all 4 itemized grants.

Cities

RichmondAtlantaIrvingtonWillliamsburg

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024 1 grant2025 4 grants2026

From 2020 to 2026, annual grant giving ranged from $5K (2020) to $45K (2026). In 2026 it made 4 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2026

Maymont Foundation: $25KMaymont Foundation$25KJames River Association: $10KJames River Association$10KVa Museum of Fine Arts: $5KVa Museum of Fine Arts$5KAtlanta Mission: $5KAtlanta Mission$5K

The largest 2026 recipient was Maymont Foundation ($25K). Together the top 4 received $45K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Maymont Foundation Richmond, VAHistoric Preservation$25,000
James River Association Richmond, VAPromoting Conservation and Responsible Stewardship of Natural Resources$10,000
Va Museum of Fine Arts Richmond, VASupport Education of Youth in the Fine Arts$5,000
Atlanta Mission Atlanta, GASupport the programs that help the homeless in atlanta area$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$266,086$286,810$297,660
Revenue$25,775$16,351$1,852
Expenses$46,499$27,201$29,378
Qualifying Distributions$45,000$25,000$25,000
Net Investment Income$24,276$14,150$1,726
Distributable Amount$19,482$18,226$16,249

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 17, 2026)
  2. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

The Bates & Margaret Chappell Foundation's 2026 filing lists 2 officers; none of the 2 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • William B. Chappell Jr.

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary Margaret Chappell

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Margaret C. Chappell (2020–2021) — Trustee
  • Former: W. Bates Chappell (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2026. "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 The Bates & Margaret Chappell Foundation

How much does The Bates & Margaret Chappell Foundation give each year?

The Bates & Margaret Chappell Foundation gave $45K across 4 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $25K across 1 grant.

What is The Bates & Margaret Chappell Foundation's typical grant size?

The Bates & Margaret Chappell Foundation's median grant in 2026 was $7,500, and its average grant was $11,250, across 4 grants on its 2026 IRS Form 990-PF.

Where does The Bates & Margaret Chappell Foundation give grants?

The Bates & Margaret Chappell Foundation gives mostly in Virginia: 89% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest state was Georgia (11%). The most frequent recipient cities were Richmond, VA (3 grants).

Does The Bates & Margaret Chappell Foundation give general operating support?

Not in 2026: none of the 4 grants with a stated purpose on The Bates & Margaret Chappell Foundation's 2026 IRS Form 990-PF were described as general or operating support.

How large is The Bates & Margaret Chappell Foundation?

The Bates & Margaret Chappell Foundation reported $266K in total assets on its 2026 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).

What is The Bates & Margaret Chappell Foundation's EIN?

The Bates & Margaret Chappell Foundation's EIN (Employer Identification Number) is 54-6457604. IRS Form 990 filing data is available on this page for 2020–2026.

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

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