The Elaine & Eugene Chismer Family Foundation

WILLIAMSBURG, VA EIN: 54-1880826

The Elaine & Eugene Chismer Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLIAMSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26K in total assets. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$26K

+6.2% YoY

Revenue

$3K

+47.7% YoY

Net Investment Income

$2K

+239.0% YoY

Expenses

$1K

-93.4% YoY

Under IRS private-foundation payout rules, The Elaine & Eugene Chismer Family Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About The Elaine & Eugene Chismer Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $20K (100%)

States

Virginia

Cities

Norfolk

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$26,475	$24,930	$44,485
Revenue	$2,950	$1,997	$1,178
Expenses	$1,421	$21,546	$1,356
Qualifying Distributions	—	$20,000	—
Net Investment Income	$1,529	$451	—
Distributable Amount	$1,402	$2,218	$2,284

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ELAINE M CHISMER	PRESIDENT	5	—
WILLIAM M BALAVAGE CPA	DIRECTOR	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Elaine & Eugene Chismer Family Foundation?

The Elaine & Eugene Chismer Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WILLIAMSBURG, VA. It holds $26K in total assets as of 2024.

How large is The Elaine & Eugene Chismer Family Foundation?

As of 2024, The Elaine & Eugene Chismer Family Foundation holds $26K in total assets with $3K in annual revenue.

Where does The Elaine & Eugene Chismer Family Foundation operate?

The Elaine & Eugene Chismer Family Foundation has awarded grants in Virginia.

How much is The Elaine & Eugene Chismer Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Elaine & Eugene Chismer Family Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Elaine & Eugene Chismer Family Foundation's EIN?

The Elaine & Eugene Chismer Family Foundation's EIN (Employer Identification Number) is 54-1880826. IRS Form 990 filing data is available on this page for 2020–2024.