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Nonprofit · EIN 20-2020998

A CHANCE FUND INC

Tax-exempt · BETHESDA, MD 20814

Financials

$1.8M$219K2023$1.3M$345K2024
Revenue Expenses · by fiscal year end
Financials of A CHANCE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,340,229$345,168$995,061$5,133,714$0$5,133,714
December 31, 2023990-PF$1,792,398$219,033$1,573,365$4,645,138$0$4,645,138
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$509,793
Dividends
$99,269
Interest
$483
Net gain from sales of assets
$709,314
Other income
$21,370

Expenses

Grants and similar amounts paid
$304,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$304,282
Excise tax on investment income
$10,866

Balance sheet and other

Total assets, start of year
$4,645,138
Total assets, end of year
$5,133,714
Total liabilities, end of year
$0
Net assets, end of year
$5,133,714
Fair market value of assets
$5,562,740
Qualifying distributions
$304,282
Net investment income
$819,328

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID M SCHWARZ
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR, PRESIDENT, TREASURER1$0
VICTORIA FOSTER
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR, SECRETARY1$0
NOAH FOSTER
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR1$0
JONAH MILLER
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR1$0
REBECCA MILLER
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
DAVID M SCHWARZ
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR, PRESIDENT, TREASURER1$0
VICTORIA FOSTER
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR, SECRETARY1$0
NOAH FOSTER
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR1$0
JONAH MILLER
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR1$0
REBECCA MILLER
C/O DAVID M SCHWART ARCHITECTS 1707, L STREET NW SUITE 400, WASHINGTON, DC 200364213
DIRECTOR1$0

Address and contacts

Address (IRS master file)
CO PKFOD 2 BETHESDA METRO CTR 54, BETHESDA, MD 20814-0000
In care of
% R PHILIPSON CO
Signed the 990-PF
DAVID M SCHWARZ, PRESIDENT
Phone
(202) 912-6871
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-2020998
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,133,714
Income (IRS master file)
$1,798,708

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,340,229$345,168$5,133,714XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,792,398$219,033$4,645,138XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2020998).

Questions about A CHANCE FUND INC

What is the EIN of A CHANCE FUND INC?
The employer identification number (EIN) of A CHANCE FUND INC is 20-2020998.
Is A CHANCE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to A CHANCE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does A CHANCE FUND INC file?
Form 990-PF. Private foundations file every year.
When is the next return of A CHANCE FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did A CHANCE FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of A CHANCE FUND INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does A CHANCE FUND INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,340,229, expenses of $345,168 and total assets of $5,133,714 at year end.

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