William McCaskey Chapman and Adaline
The William McCaskey Chapman and Adaline Dinsmore Chapman Foundation is a private foundation based in Monterey, California. Established in 1983 by Mrs. Adaline Dinsmore Chapman, the foundation was created to help students obtain educational opportunities that would otherwise be unavailable to them. The foundation operates in perpetuity to support the educational mission that Mrs. Chapman and her late husband, Colonel William McCaskey Chapman, practiced throughout their lifetimes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.6M
+27.9% YoY
Annual Giving
$733K
+11.8% YoY
Grant Count
31
+10.7% YoY
Avg Grant Size
$24K
+1.0% YoY
Mission & Focus Areas
The foundation's goal is to motivate K-12 students to prepare for and graduate from college by supporting programs that provide young people with the skills and motivation to succeed in higher education.
The foundation provides grant funds to non-profit organizations for various educational programs and projects, including:
- Academic programs and projects in public and private K-12 schools
- Need-based scholarships to college preparatory private schools
- Extra-curricular programs provided by non-profit organizations
- Youth education and tutoring programs
- Professional development initiatives
Grantmaking
The foundation typically allocates available funds during an annual approval process. Occasionally, the foundation will consider funding organizations outside of the grant cycle as a lower priority, depending on fund availability and application merit, though this practice is not encouraged.
Review Cycle
as a lower priority, depending on fund availability and application merit, though this practice is not encouraged.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation funds educational programs serving students who reside in coastal communities of Monterey County, California. The eligible geographic area includes:
- Monterey
- Pacific Grove
- Marina
- Seaside
- Presidio of Monterey and its Annex
- Del Rey Oaks
- Sand City
- Pebble Beach
- Carmel-By-The-Sea
- Carmel Valley
- Big Sur
- Other unincorporated areas within the geographical area defined by these communities
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2024:
- Total Assets: $19,599,557
- Total Revenues: $965,956
- Total Expenses: $923,322
- Total Giving: $732,500
Tax Status:
- EIN: 77-0011251
- IRS 501(c)(3) classification
- Tax-exempt since January 1985
- NTEE code: T20 (Private Foundations)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,599,557 | $15,325,030 | $13,342,818 |
| Revenue | $965,956 | $1,131,107 | $750,877 |
| Expenses | $923,322 | $837,020 | $813,042 |
| Qualifying Distributions | $900,352 | $803,440 | $779,263 |
| Net Investment Income | $945,333 | $1,110,402 | $726,854 |
| Distributable Amount | $866,343 | $729,184 | $785,877 |
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
136 grants across all recorded years
Open Grants
1 open opportunity from William McCaskey Chapman and Adaline
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Trustees:
David J. Benjamin, III - Chair Mr. Benjamin holds a Master of Business Administration from Harvard Business School and a Bachelor of Arts from Yale University. He is president and managing member of Benjamin Media Investments, LLC. He founded Triad Broadcasting Company in Monterey in 1999, serving as its president and chief executive officer until selling the company in May 2013. Triad operated 50 middle-market radio stations across eleven states.
Mr. Benjamin has served on various boards on the Monterey Peninsula, including the Panetta Institute for Public Policy, the Middlebury Institute of International Studies, and the Stevenson School. He is a former chairman of the board of trustees of the Community Hospital of the Monterey Peninsula (Montage Health) and a former president of the Community Foundation for Monterey County. He currently serves on the Board of Advisors of the Yale Jackson School of Global Affairs. In 2008, he was selected by the Monterey Chamber of Commerce as its Citizen of the Year. In 2012, he and his wife, Laurie, received the annual Distinguished Trustee Award from the Community Foundation for Monterey County.
Executive Director:
Alejandro Hogan - Executive Director
Staff: The foundation operates with no full-time employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alejandro Hogan | Executive Dir. | 25 | $8,333 |
| Dr Robert G Gard Jr | Trustee | 3 | $12,000 |
| Wayne G Downey | Secretary | 3 | $12,000 |
| David J Benjamin | Chair | 5 | $18,000 |
| Nancy Tostevin | Vice Chair | 3 | $12,000 |
| Demi Briscoe | Treasurer | 5 | $12,000 |
| Craig Beller | Executive Dir. | 25 | $61,875 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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