Public Charity

CHESAPEAKE COLLEGE FOUNDATION INC

CHESAPEAKE COLLEGE FOUNDATION INC, of WYE MILLS, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.5M in revenue, $1.3M in expenses, $11.2M in total assets. 17 publicly reported grants to this organization, totaling roughly $1.7M, appear in IRS filings.

EIN: 521104909 WYE MILLS, MD Latest filing: 2025
Total Revenue$1.5M
Total Expenses$1.3M
Total Assets$11.2M
Grant Records17
Funding Total$1.7M
Filing Years2020–2025

Mission

THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE CHARITABLE AND EDUCATIONAL PURPOSES OF FURTHERING THE EDUCATIONAL PROGRAMS, FACILITIES, AND OPPORTUNITIES AT CHESAPEAKE COLLEGE, BY PROVIDING FINANCIAL RESOURCES TO MEET THE COLLEGE'S GOALS AND OPPORTUNITIES AT CHESAPEAKE COLLEGE, BY PROVIDING FINANCIAL RESOURCES TO MEET THE COLLEGE'S GOALS AND OBJECTIVES.

Where $100 goes at Chesapeake College Foundation Inc

How Chesapeake College Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$89 Programs the work itself
$10 Management running the organization
$1 Fundraising raising the next dollar

Inside the $89 for programs

$89
Provided donor contributions and earnings from endowments to fund academic awards, granted by chesapeake college to students who meet donor-imposed requirements
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DIRECTOR Amber Mcginnis
MEMBER Brandon Hesson
MEMBER Bruce Armistead
MEMBER Danielle Wilson
PRESIDENT Darius Johnson
SECRETARY Douglas Gill

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,682,311 16 grants
Education
$2,033 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.5M $1.3M $11.2M
2024 $1.5M $534K $10.1M
2023 $868K $694K $8.8M
2021 $844K $891K $8.9M
2020 $1.6M $696K $7.2M

Between 2020 and 2025, reported annual revenue declined from $1.6M to $1.5M (-10%), with total assets most recently reported at $11.2M.

Interactive year-over-year charts and full filing details available with membership.

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