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Chase College Foundation

EIN 23-7024502 · Highland Hgts, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceFair50 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

CHASE COLLEGE FOUNDATION IS AN OHIO NOT FOR PROFIT CORPORATION OPERATING IN OHIO AND NORTHERN KENTUCKY. THE PURPOSE OF THE FOUNDATION IS AS FOLLOWS: A) TO PROVIDE A FINANCIAL SAFTEY NET TO ASSIST IN CHASE COLLEGE'S SURVIVAL IF ITS EXISTENCE IS THREATENED BY EXTERNAL OR INTERNAL FORCES. B) TO THE EXTENT THAT ACHIEVEMENT OF THE FOREGOING PURPOSE PERMITS, TO PROVIDE CERTAIN SUPPORT FOR SUPPLEMENTAL ITEMS (BEYOND THAT WHICH THE SCHOOL, THE UNIVERSITY, AND THE STATE SHOULD PROVIDE) FOR THE SCHOOL AND ITS STUDENTS, AND C) TO PROVIDE SPECIFIC ASSISTANCE AS MAY BE REQUIRED BY THE TERMS OF SPECIFIC BEQUESTS.

Income
$160,488
Spending
$231,763
Spent on programs
76%
Reserves
118.6 months of spending
Largest source of income
investment income, 99%
Employees
1

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 70 out of 100. Higher than 38% of charities in its peer group (education, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 118.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 44% of income.

  • Income trend

    0 of 15

    Income fell 35% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 50 out of 100. Higher than 24% of charities in its peer group (education, under $250k).

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $175,000 spent. CHASE COLLEGE FOUNDATION IS AN OHIO NOT FOR PROFIT CORPORATION OPERATING IN OHIO AND NORTHERN KENTUCKY. THE PURPOSE OF THE FOUNDATION IS AS FOLLOWS: A) TO PROVIDE A FINANCIAL SAFTEY NET TO ASSIST IN CHASE COLLEGE'S SURVIVAL IF ITS EXISTENCE IS THREATENED BY EXTERNAL OR INTERNAL FORCES. B) TO THE EXTENT THAT ACHIEVEMENT OF THE FOREGOING PURPOSE PERMITS, TO PROVIDE CERTAIN SUPPORT FOR SUPPLEMENTAL ITEMS (BEYOND THAT WHICH THE SCHOOL, THE UNIVERSITY, AND THE STATE SHOULD PROVIDE) FOR THE SCHOOL AND ITS STUDENTS, AND C) TO PROVIDE SPECIFIC ASSISTANCE AS MAY BE REQUIRED BY THE TERMS OF SPECIFIC BEQUESTS.
  2. A DOANTION WAS MADE TO THE CHURCH

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2026.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1955.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Foundation for City College (New York, NY), EIN 84-3867573. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.