The Chance Foundation

Private foundation · Grantmaker Centralia, MO EIN: 43-6028959

The Chance Foundation is a private foundation, based in Centralia, MO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $422K in total assets. In 2025, it made $75K in qualifying distributions.

The Chance Foundation at a glance

Total assets
$422,391
-17.3% vs 2024
Revenue (2025)
$52,835
+60.3% vs 2024
Qualifying distributions (2025)
$74,690
-3.7% vs 2024
Expenses (2025)
$140,269
+18.6% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who The Chance Foundation funds

Geographic Focus

Where this funder awards grants

States

Cities

Centralia

How The Chance Foundation gives

  • In 2025 it paid out 271% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grant2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 0 grants2025

In 2020 it made 1 grant totaling $10K.

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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$422,391$52,835$140,269——$74,690$27,546
2024$510,713$32,956$118,274——$77,558$30,720
2023$598,120$45,577$124,009——$77,800$33,034
2022$677,233$222,463$134,505——$76,255$33,012
2021$589,929$45,926$149,823——$81,047$30,908
2020$693,326$8,187$158,589$9,8431—$35,344

Under IRS private-foundation payout rules, The Chance Foundation reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Chance Foundation's 2025 filing lists 7 officers; 1 of 7 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • James E. Lee

    Trustee

    On filings since 2020

    40 hrs/week

    $63K (2020) → $65K (2025)

  • A. Buford Chance

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Anthony H. Chance

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Garrison L. Chance

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gilmore Stone

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • William N. Toalson

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ginny Zoellers

    Treasurer

    New on the 2025 filing

    20 hrs/week

    No compensation reported

Former officers (2)
  • Former: William H. Miller (2020–2024) — Treasurer
  • Former: John H. Chance (2020–2022) — Chairman

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

James E Lee — Trustee: $65KJames E LeeTrustee$65K

The highest reported compensation on the 2025 filing was $65K, to James E Lee (Trustee).

Frequently asked questions about The Chance Foundation

How large is The Chance Foundation?

The Chance Foundation reported $422K in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets).

Where does The Chance Foundation operate?

The Chance Foundation has awarded grants in Missouri.

What is The Chance Foundation's EIN?

The Chance Foundation's EIN (Employer Identification Number) is 43-6028959. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 30, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Chance Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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