Virginia · Nonprofit
CHARTWAY PROMISE FOUNDATION
CHARTWAY PROMISE FOUNDATION (Virginia) receives grants from 7 organizations whose IRS filings report $90,005 to it, the largest being J&A Racing Foundation Inc ($48,802). 4 of them have funded it in more than one year.
- Revenue FY2024
- $1.2M
- Funders on record
- 7
- Grants received
- $90k
- Net assets
- $303k
What Chartway Promise Foundation does
Mission
Chartway Promise Foundation to provide medically fragile childen and their families memorable experiences that bring joy, hope and smiles.
As stated on its FY2024 Form 990.
Programs
Provide funding for memorable experiences for medically fragile children and their families that bring joy, hope and smiles.
$1,099,465 spentof which $1,083,000 as grants100% of program spendingN/a
N/a
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,099,465.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $60k to $727k (+1102%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
99% of CHARTWAY PROMISE FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Wayne Foshay
Board chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $5k → $38k.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CHARTWAY PROMISE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CHARTWAY PROMISE FOUNDATION leans on a few funders — its largest provides 54% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
43% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CHARTWAY PROMISE FOUNDATION.
Largest funder’s share by year: 2017 100% · 2019 100% · 2020 96% · 2021 100% · 2022 50% · 2023 39% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
98% of CHARTWAY PROMISE FOUNDATION's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $23k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CHARTWAY PROMISE FOUNDATION's funding base is broadening — from 1 funders to 6 as grant income climbed.
this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024
Organizations like CHARTWAY PROMISE FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
56%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Chartway Credit Union · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CHARTWAY PROMISE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CHARTWAY PROMISE FOUNDATION?
- CHARTWAY PROMISE FOUNDATION (Virginia) receives grants from 7 organizations whose IRS filings report $90,005 to it, the largest being J&A Racing Foundation Inc ($48,802). 4 of them have funded it in more than one year.
- How many funders does CHARTWAY PROMISE FOUNDATION have?
- IRS filings report 7 organizations giving $90,005 in grants to CHARTWAY PROMISE FOUNDATION, 4 of which have funded it in more than one year.
- Who is the largest funder of CHARTWAY PROMISE FOUNDATION?
- J&A Racing Foundation Inc is the largest funder on record, with $48,802 in grants. The full list of funders is on this page.
- How can an organization like CHARTWAY PROMISE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing