Chartway Promise Foundation: FY2023 Nonprofit Profile & Form 990 (EIN 20-3244422)

Revenue by fiscal year
FY2020	$542K
FY2021	$700K
FY2022	$898K
FY2023	$1.1M
FY2024	$1.2M

Expenses by fiscal year
FY2020	$625K
FY2021	$693K
FY2022	$857K
FY2023	$1.0M
FY2024	$1.1M

Net assets by fiscal year
FY2020	$60K
FY2021	$67K
FY2022	$108K
FY2023	$210K
FY2024	$303K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

98%

Program services 98% · $1.0M Management & general 1% · $12K Fundraising 1% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation

Lance Brown

Director

$0Pt VII · Sec A

Theresa Delp

Board Secretary

$0Pt VII · Sec A

Wayne Foshay

Board Chairman

$0Pt VII · Sec A

Jerry Frostick

Board Vice Chair

$0Pt VII · Sec A

Bob Sinclair JR

Director

$0Pt VII · Sec A

Ben Lemoine

Board Treasurer

$0Pt VII · Sec A

Richard McGrath

Director

$0Pt VII · Sec A

Nancy McMahon

Director

$0Pt VII · Sec A

See Chartway Promise Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Awards grants to children's charities helping kids with serious illnesses or hardship.

Questions for Chartway Promise Foundation

Tap to ask. Chartway Promise Foundation sees how many people are interested.

Your first name shows with your question. Chartway Promise Foundation answers here, for everyone.

1 program · $1.0M · in their own filed words · FY2023

01

Provide funding for memorable experiences for medically fragile children and their families that bring joy, hope and smiles.

$1.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

J&a Racing Foundation INCFY2024$13K

Fidelity Investments Charitable Gift FundFY2024$10K

Virginia and John L Sinclair Foundation INCFY2024$1K

Total grants receivedfrom 3 funders$24K

See all 3 funders →

Grants paid · 66 grants · $3.9M · 2020–2024

Make-A-Wish Foundation of Utah INCUT · FY2024$245,000

Make a Wish Foundation of Greater VirginiaVA · FY2024$175,000

Tobys Dream Foundation INCVA · FY2024$100,000

Hooked on Hope VbVA · FY2024$65,000

FactVA · FY2024$57,000

St Marys Home for Disabled Children INCVA · FY2024$50,000

ChkdVA · FY2024$50,000

Intermountain Healthcare Foundation INCUT · FY2024$30,000

Team Hoyt VbVA · FY2024$21,000

Make-A-Wish Foundation of the Texas Gulf Coast and Louisiana INCTX · FY2024$20,000

Easterseals UcpFY2024$16,000

Ronald McDonald House Charities of the Intermountain Area INCUT · FY2024$15,000

Eye Care for Kids - UtahUT · FY2024$15,000

Cats Hampton RoadsVA · FY2024$15,000

Ability Found CorporationUT · FY2024$15,000

Eliza Hope FoundationVA · FY2024$12,500

Walk with Autism LtdUT · FY2024$10,000

Best Seat in the HouseUT · FY2024$10,000

See all 66 grants →

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.1M

Ln 12

Gifts and grantsLn 1h$1.1M

Other incomeLn 4–11$45K

Investment incomeLn 3$4K

Money outPt IX

$1.0M

Ln 25

Programscol B$1.0M

Managementcol C$12K

Fundraisingcol D$12K

Owns and owesPt X

$210K

net assets · Ln 32

Cash and savingsLn 1–2$203K

Total assetsLn 16$322K

LiabilitiesLn 26$112K

PeoplePt VI, VII

17

listed · VII A

PaidVII A0

Voting boardVI 1a17

IndependentVI 1b17

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.1M

Noncash giftsLn 1g$81K

Fundraising eventsLn 1c$118K

Investment incomeLn 3$4K

Other incomeLn 4–11$45K

Total revenueLn 12$1.1M

Assets in detailPt X, end of year

CashLn 1$162K

SavingsLn 2$41K

Cash and savings togetherLn 1–2$203K

Pledges and grants receivableLn 3$118K

Total assetsLn 16$322K

LiabilitiesLn 26$112K

Net assetsLn 32$210K

OperationsPt I, VI

EmployeesI 50

VolunteersI 675

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3More from this return

Abroad and in kindSch F, M

Noncash gifts receivedSch M Pt I$81K

4Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$831K	$203K
Land, buildings, equipmentLn 10c	$2K	$0
Total assetsLn 16	$878K	$322K
LiabilitiesLn 26	$770K	$112K
Net assetsLn 32	$108K	$210K

5Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$1.0M	$1.0M
Accounting feesLn 11c	$9K		$9K
Other fees for servicesLn 11g	$758		$758
Advertising and promotionLn 12	$2K			$2K
Office expensesLn 13	$45	$38	$6	$1
Conferences, conventions and meetingsLn 19	$1K		$1K
InsuranceLn 23	$514	$436	$51	$27
Other expenses (24a–d)Ln 24	$16K	$5K	$1K	$9K
All other expensesLn 24e	$2K	$483		$1K
Total functional expensesLn 25	$1.0M	$1.0M	$12K	$12K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS Jul 11, 2025	$1.2M	$1.1M	$111K	$303K	990 PDF
FY2023 ViewingFiled with the IRS Oct 25, 2024	$1.1M	$1.0M	$104K	$210K	990 PDF
FY2022Filed with the IRS May 11, 2023	$898K	$857K	$41K	$108K	990 PDF
FY2021Filed with the IRS Aug 8, 2022	$700K	$693K	$7K	$67K	990 PDF
FY2020Filed with the IRS Aug 24, 2021	$542K	$625K	−$83K	$60K	990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations

See the full FY2023 990 (6 parts)

Part I · Summary $1,146,778 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $824,871$1,097,537

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $207$4,215

I-11 Other revenuePrior year $73,161$45,026

I-12 Total revenuePrior year $898,239$1,146,778

I-13 Grants and similar amounts paidPrior year $785,000$1,012,700

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $71,777$30,479

I-18 Total expensesPrior year $856,777$1,043,179

I-19 Revenue less expensesPrior year $41,462$103,599

Part VI · Governance 17 of 17 board members independent, 1 to look at

VI-1a Voting members of the governing body17

VI-1b Independent voting members17

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $1,146,778 across 8 lines filed

VIII-1b Membership dues$282,858

VIII-1c Fundraising events$117,510

VIII-1f All other contributions, gifts and grants$697,169

VIII-1g Noncash contributions (included above)$81,155

VIII-1h Total contributions, gifts and grants$1,097,537

VIII-3 Investment incomeExcluded from tax $4,215$4,215

VIII-8 Net income from fundraising eventsExcluded from tax $45,026$45,026

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $49,241$1,146,778

Part IX · Statement of functional expenses $1,043,179 across 9 lines filed

IX-1 Grants to domestic organizationsPrograms $1,012,700$1,012,700

IX-11c Accounting feesManagement $9,065$9,065

IX-11g Other fees for servicesManagement $758$758

IX-12 Advertising and promotionFundraising $1,704$1,704

IX-13 Office expensesPrograms $38 · Management $6 · Fundraising $1$45

IX-19 Conferences, conventions and meetingsManagement $1,190$1,190

IX-23 InsurancePrograms $436 · Management $51 · Fundraising $27$514

IX-24 Other expenses (24a–d)Programs $5,080 · Management $1,243 · Fundraising $9,313$15,636

IX-24e All other expensesPrograms $483 · Fundraising $1,084$1,567

IX-25 Total functional expensesPrograms $1,018,737 · Management $12,313 · Fundraising $12,129$1,043,179

Part X · Balance sheet $321,705 assets, 12 lines filed

X-1 Cash, non-interest-bearingStart of year $831,384$162,042

X-2 Savings and temporary cash investments$41,433

X-3 Pledges and grants receivableStart of year $44,743$118,230

X-10c Land, buildings and equipment, netStart of year $2,000$0

X-16 Total assetsStart of year $878,127$321,705

X-17 Accounts payable and accrued expensesStart of year $770,000$879

X-18 Grants payable$111,100

X-26 Total liabilitiesStart of year $770,000$111,979

X-27 Net assets without donor restrictionsStart of year $108,127$149,726

X-28 Net assets with donor restrictions$60,000

X-32 Total net assets or fund balancesStart of year $108,127$209,726

X-33 Total liabilities and net assetsStart of year $878,127$321,705

Part XI · Reconciliation of net assets $209,726 net assets at year end

XI-1 Total revenue$1,146,778

XI-2 Total expenses$1,043,179

XI-3 Revenue less expenses$103,599

XI-4 Net assets at start of year$108,127

XI-8 Prior period adjustments−$2,000

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$209,726

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Chartway Promise Foundation FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Chartway Promise Foundation

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV