philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
Herb Chambers Charitable Foundation INC EIN 45-4069504 Form 990 (PDF) Claim this org

Herb Chambers Charitable Foundation INC

Not yet claimed Claim this org →

A private foundation based in Glastonbury, CT. It reported about $398K in revenue for 2024. For fiscal year 2024 it reported $398K in revenue, $13.8M in expenses, and $18.2M in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Glastonbury, CT
Filings
5 on file (2020–2024)
Revenue
$398KFY2024
Expenses
$13.8M
Net assets
$18.2M
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-4069504 Private foundation / grantmaker Glastonbury, CT
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Herb Chambers Charitable Foundation INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
A private foundation based in Glastonbury, CT. It reported about $398K in revenue for 2024.
Leadership
Herbert G Chambers · President and Treasurer
Money in and out
$398K revenue, $13.8M expenses
Bottom line
—
Grants paid & assets · FY2024
Total revenue
$398K
Pt VIII · Ln 12
Total expenses
$13.8M
Pt IX · Ln 25
Net assets
$18.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$13.4M
Total assets
18.2M
deployed as grants and operations
Grants paid
13.8M
in FY2024
Grants made
49grants
total in period
Payout rate
76%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 49 grants · $13.8M · 2024–2024
Massachusetts General HospitalFY2024$12,633,869
Boys & Girls Club of DorchesterFY2024$200,000
Massachusetts Eye and Ear InfirmaryFY2024$199,558
Dana-Farber's Jimmy Fund ClinicFY2024$198,878
Goodspeed Opera House Foundation INCCT · FY2024$120,118
Camp Harbor View Foundation INCMA · FY2024$50,000
Alzheimers AssociationFY2024$49,913
Ron Burton Training Village INCMA · FY2024$25,029
Bridge Over Troubled WatersFY2024$25,028
The Greater Boston Food Bank INCMA · FY2024$25,000
American Red Cross of Eastern MassFY2024$25,000
Pine Street Inn INCMA · FY2024$24,708
Burlington Area Chamber of Commerce INCMA · FY2024$17,500
New England Center and Home for VeteransFY2024$15,000
Beacon Hill Village INCMA · FY2024$15,000
Boston CollegeFY2024$10,000
The Breast Cancer Research Foundation INCNY · FY2024$10,000
Freinds of the Public GardenFY2024$10,000
See all 49 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV17
Average grantPart XV$281K
Median grantPart XV$6K
Largest grantPart XV$12.6M
Top cause focusNTEEEducation (6%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$398K
FY2024▼ -28%
Expenses
$13.8M
FY2024▲ ×11
Total assets
$18.2M
FY2024▼ -30%
Total liabilities
$10K
FY2024▲ +5%
Total revenue
$398K
Pt VIII · Ln 12
Total expenses
$13.8M
Pt IX · Ln 25
Net assets
$18.2M
Pt X · Ln 32
Total assetsPt II$18.2M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHerb Chambers Charitable Foundation INC
EINHdr · item D45-4069504
Principal addressHdr · item CGlastonbury, CT
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFOct 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Herbert G Chambers
President and Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Herb Chambers Charitable Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Investment income100%$398K
Total revenueLn 12$398K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $1.00 Operating & administrative $0.00
Grants & contributions paid100%$13.8M
Operating & administrative$40K
Total functional expensesLn 25$13.8M

Balance Sheet

Part X · end of year
CashLn 1$272K
Total assetsLn 16$18.2M
Total liabilitiesLn 26$10K
Total net assetsLn 32$18.2M
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $18.2M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $398K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $398K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $398K · Prior year $549K
-28%
Revenue CAGR
FY2020 $700K · FY2024 $398K
-13%
Net-asset trend (YoY)
End of year $18.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $398K · Expenses $13.8M
-3374%
Liabilities-to-Assets
Total liabilities — · Total assets $18.2M
—
Net-asset ratio
Net assets $18.2M · Total assets $18.2M
100%
People & payroll
Highest Reported Total Compensation
Individual Herbert G Chambers · Reported title PRESIDENT AND TREASURER · Highest reported compensation $0 · Total expenses $13.8M
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -28%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$398K revenue · viewing · ⤓ 990 PDF
FY2023$549K revenue · ⤓ 990 PDF
FY2022$307K revenue · ⤓ 990 PDF
FY2021$30.6M revenue · ⤓ 990 PDF
FY2020$700K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.