Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
The Chase Foundation of Virginia
 

Number and street (or P.O. box number if mail is not delivered to street address)300 Preston Avenue No 500   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Charlottesville, VA229025096
A Employer identification number

54-1770697
B Telephone number (see instructions)

(434) 293-9104
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$18,019,642J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,600,000
2 Check bullet
3 Interest on savings and temporary cash investments 566 566  
4 Dividends and interest from securities...... 222,311 222,311  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 535,195
b Gross sales price for all assets on line 6a 11,940,816
7 Capital gain net income (from Part IV, line 2)... 535,195
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -20,111 0  
12 Total. Add lines 1 through 11........ 2,337,961 758,072  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,375 0   5,375
c Other professional fees (attach schedule)....        
17 Interest............... 56 56   0
18 Taxes (attach schedule) (see instructions) Click to see attachment 7,326 22   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 5,702 0   5,702
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 21,587 21,437   150
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 40,046 21,515   11,227
25 Contributions, gifts, grants paid........ 715,000 715,000
26 Total expenses and disbursements. Add lines 24 and 25 755,046 21,515   726,227
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,582,915
b Net investment income (if negative, enter -0-) 736,557
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 2,084,671 6,496,172 6,496,172
3 Accounts receivable bullet24,162
Less: allowance for doubtful accounts bullet   1,133 24,162 24,162
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 88,000    
10a Investments—U.S. and state government obligations (attach schedule) 6,968,108 Click to see attachment1,502,031 1,500,800
b Investments—corporate stock (attach schedule)........ 825,155 Click to see attachment765,107 675,961
c Investments—corporate bonds (attach schedule)........ 2,851,233 Click to see attachment4,933,863 4,859,871
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,958,858 Click to see attachment3,649,083 4,462,676
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,777,158 17,370,418 18,019,642
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 15,777,158 17,370,418
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 15,777,158 17,370,418
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 15,777,158 17,370,418
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 15,777,158
2 Enter amount from Part I, line 27a..................... 2 1,582,915
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 10,347
4 Add lines 1, 2, and 3.......................... 4 17,370,420
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 2
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 17,370,418
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a Publicly Traded Securities P    
b Dell, Inc. - Class Action Suit Proceeds P 2005-06-15 2013-01-09
c Gilead Sciences, Inc. - Class Action Suit Proceeds P 2011-05-16 2013-10-04
d Ridgewood Energy L Fund, L.L.C. - Final Year Adj. (Syndication Costs) P 2004-08-25 2013-10-15
e Ridgewood Energy L Fund, L.L.C. - Final Year Adj. (Unused Basis) P 2004-08-25 2013-10-15
Ridgewood Energy N Fund, L.L.C. - Final Year Adj. (Unused Basis) P 2004-12-29 2013-10-15
Western Wylie #1 - Final Year Adj. (Final Distribution) P 2011-05-16 2013-04-08
Capital Gains Dividends P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 11,388,101   11,402,478 -14,377
b 10     10
c 50     50
d     3,143 -3,143
e 2     2
1     1
145     145
552,507     552,507
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -14,377
b       10
c       50
d       -3,143
e       2
      1
      145
      552,507
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 535,195
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 915,292 16,022,305 0.057126
2011 901,364 16,093,242 0.056009
2010 679,764 15,775,048 0.043091
2009 758,875 12,757,047 0.059487
2008 529,213 9,784,319 0.054088
2 Total of line 1, column (d) ...................... 2 0.269801
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.053960
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 16,122,489
5 Multiply line 4 by line 3....................... 5 869,970
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,366
7 Add lines 5 and 6......................... 7 877,336
8 Enter qualifying distributions from Part XII, line 4.............. 8 726,227
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 14,731
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 14,731
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,731
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 4,679
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,679
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 15
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 10,067
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDerwood S Chase Jr Telephone no.bullet (434) 293-9104
    Located atbullet300 Preston Avenue Suite 500CharlottesvilleVA ZIP+4bullet229025096
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Derwood S Chase Jr President and trustee
    1.92     		0 0 0
    400 Wellington Drive
    Charlottesville,VA22903
    Johanna B Chase Secretary and trustee
    0.21     		0 0 1,028
    400 Wellington Drive
    Charlottesville,VA22903
    Stuart F Chase Vice-President, Treasurer
    0.21     		0 0 89
    645 Plantation Ct
    Charlottesville,VA22903
    Stephen Moore Regular Trustee
    0.21     		0 0 0
    2011 Freedom Ln
    Falls Church,VA22043
    Cheryl O Chase Regular Trustee
    0.21     		0 0 0
    4807 Ellensburg Dr
    Dallas,TX75244
    Alejandro A Chafuen PhD Regular Trustee
    1.92     		0 0 0
    2000 N 14th Street St 550
    Arlington,VA22201
    John C Goodman Regular Trustee
    0.21     		0 0 0
    12770 Coit Rd St 800
    Dallas,TX75251
    Walter E Williams Regular Trustee
    0.21     		0 0 0
    4400 University Drive
    Fairfax,VA22030
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    806,124
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    14,731
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,731
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    791,393
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    791,393
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    791,393
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 791,393
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 53,199
    b From 2009....... 125,137
    c From 2010.......  
    d From 2011....... 103,214
    e From 2012....... 125,933
    fTotal of lines 3a through e......... 407,483
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 726,227
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 726,227
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 65,166 65,166
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 342,317
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		342,317
    10 Analysis of line 9:
    a Excess from 2009.... 113,170
    b Excess from 2010....  
    c Excess from 2011.... 103,214
    d Excess from 2012.... 125,933
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Derwood S Chase Jr
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Derwood S Chase Jr
    300 Preston Avenue Suite 500
    Charlottesville,VA229025096
    (434) 293-9104
    bThe form in which applications should be submitted and information and materials they should include:
    No form has been prescribed by the organization.
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Charitable organizations must meet the criteria specified in Article 2, Paragraph C(a) of the foundation's trust agreement.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Acton Institute for the Study of Religion and Liberty
    161 Ottawa Avenue NW Suite 301
    Grand Rapids,MI49503     		None Other Public Charity To provide general support (charitable) 25,000
    American Friends of the Institute of Economic Affairs
    2000 North 14th Street Suite 550
    Arlington,VA22201     		None Other Public Charity To provide general support (charitable) 10,000
    American Spectator Foundation Inc
    1611 North Kent Street Suite 901
    Arlington,VA22209     		None Other Public Charity To provide general support (charitable) 5,000
    Americans for Prosperity (National Chapter)
    2111 Wilson Blvd Ste 350
    Arlington,VA22201     		None Other Public Charity To provide general support (charitable) 50,000
    Atlas Economic Research Foundation
    2000 North 14TH Street Suite 550
    Arlington,VA22201     		None Other Public Charity To provide general support (charitable) 40,000
    Buckeye Institute for Public Policy Solutions
    88 East Broad Street Suite 1120
    Columbus,OH432153506     		None Other Public Charity To provide general support (charitable) 5,000
    Cascade Policy Institute
    813 SW Alder Suite 450
    Portland,OR97205     		None Other Public Charity To provide general support (charitable) 12,000
    Cato Institute
    1000 Massachusetts Ave NW
    Washington,DC20001     		None Other Public Charity To provide general support (charitable) 25,000
    Citizen's Council for Health Freedom
    161 St Anthony Avenue Ste 923
    St Paul,MN55103     		None Other Public Charity To provide general support (charitable) 2,500
    Committee for a Constructive Tomorrow
    PO Box 65722
    Washington,DC20035     		None Other Public Charity To provide general support (charitable) 10,000
    Competitive Enterprise Institute
    1001 Connecticut Avenue NW Suite
    1250
    Washington,DC20036     		None Other Public Charity To provide general support (charitable) 19,000
    Families Against Mandatory Minimums
    1612 K Street NW Suite 700
    Washington,DC20006     		None Other Public Charity To provide general support (charitable) 2,000
    Federalist Society for Law & Public Policy Studies
    1015 18th Street NW Suite 425
    Washington,DC200361480     		None Other Public Charity To provide general support (charitable) 12,000
    Foundation for Economic Education
    30 South Broadway
    IrvingtononHudson,NY10533     		None Other Public Charity To provide general support (charitable) 12,000
    Foundation for Individual Rights in Education
    601 Walnut Street Suite 510
    Philadelphia,PA19106     		None Other Public Charity To provide general support (charitable) 15,000
    Foundation for Research on Economics and the Environment
    662 Ferguson Road
    Bozeman,MT59718     		None Other Public Charity To provide general support (charitable) 15,000
    Fraser Institute
    4th Floor 1770 Burrard Street
    Vancouver,British ColumbiaV6J3G7
    CA     		None Other Public Charity To provide general support (charitable) 20,000
    Freedom Foundation
    PO Box 715
    Selma,AL36701     		None Other Public Charity To provide general support (charitable) 12,000
    FreedomWorks
    601 Pennsylvania Avenue NW North
    Bldg Ste 700
    Washington,DC20004     		None Other Public Charity To provide general support (charitable) 15,000
    Fund for American Studies
    1706 New Hampshire Avenue NW
    Washington,DC20009     		None Other Public Charity To provide general support (charitable) 14,000
    Future of Freedom Foundation
    11350 Random Hills Road Suite 800
    Fairfax,VA22030     		None Other Public Charity To provide general support (charitable) 12,000
    Goldwater Institute
    500 E Coronado Road
    Phoenix,AZ85018     		None Other Public Charity To provide general support (charitable) 12,000
    Heartland Institute
    19 South LaSalle Suite 903
    Chicago,IL60603     		None Other Public Charity To provide general support (charitable) 28,000
    Hispanic American Center for Economic Research
    910 17th Street NW Suite 422
    Washington,DC200062605     		None Other Public Charity To provide general support (charitable) 10,000
    Independent Institute
    100 Swan Way
    Oakland,CA946211428     		None Other Public Charity To provide general support (charitable) 8,000
    Independent Women's Forum
    1875 I Street NW Suite 500
    Washington,DC20006     		None Other Public Charity To provide general support (charitable) 2,000
    Institute for Energy Research
    6524 San Felipe PMB 287
    Houston,TX770572611     		None Other Public Charity To provide general support (charitable) 5,000
    Institute for Humane Studies
    3301 North Fairfax Drive Suite 440
    Arlington,VA222014432     		None Other Public Charity To provide general support (charitable) 12,000
    Institute for Justice
    901 N Glebe Rd Ste 900
    Arlington,VA22203     		None Other Public Charity To provide general support (charitable) 35,000
    Institute to Reduce Spending Inc
    PO Box 2013
    Alexandria,VA22313     		None Other Public Charity To provide general support (charitable) 3,000
    Intercollegiate Studies Institute Inc
    3901 Centerville Road
    Wilmington,DE19807     		None Other Public Charity To provide general support (charitable) 3,000
    James Madison Institute
    PO Box 37460
    Tallahassee,FL32315     		None Other Public Charity To provide general support (charitable) 2,000
    John Locke Foundation
    200 W Morgan 200
    Raleigh,NC27601     		None Other Public Charity To provide general support (charitable) 10,000
    Kansas Policy Institute
    250 N Water Suite 216
    Witchita,KS67202     		None Other Public Charity To provide general support (charitable) 3,000
    Law Enforcement Against Prohibition
    121 Mystic Avenue
    Medford,MA02155     		None Other Public Charity To provide general support (charitable) 4,000
    Locke Institute
    5188 Dungannon Road
    Fairfax,VA22030     		None Other Public Charity To provide general support (charitable) 13,000
    Ludwig von Mises Institute
    518 West Magnolia Avenue
    Auburn,AL368324501     		None Other Public Charity To provide general support (charitable) 10,000
    Mackinac Center for Public Policy
    140 West Main Street / PO Box 568
    Midland,MI48640     		None Other Public Charity To provide general support (charitable) 15,000
    Manhattan Institute for Policy Research
    52 Vanderbilt Avenue
    New York,NY10017     		None Other Public Charity To provide general support (charitable) 5,000
    Mont Pelerin Society
    PO Box 7031
    Alexandria,VA22307     		None Other Public Charity To provide general support (charitable) 1,000
    Montreal Economic Institute
    1010 Sherbrooke St West Suite 930
    Montreal,QuebecH3A 2R7
    CA     		None Other Public Charity To provide general support (charitable) 10,000
    Moving Picture Institute
    375 Greenwich Street
    New York,NY10013     		None Other Public Charity To provide general support (charitable) 5,000
    National Center for Policy Analysis
    12770 Coit Rd Suite 800
    Dallas,TX75251     		None Other Public Charity To provide general support (charitable) 36,000
    Pacific Legal Foundation
    3900 Lennane Drive Suite 200
    Sacramento,CA95834     		None Other Public Charity To provide general support (charitable) 10,000
    Pacific Research Institute for Public Policy
    755 Sansome Street Suite 450
    San Francisco,CA94111     		None Other Public Charity To provide general support (charitable) 15,000
    Philadelphia Society
    11620 Rutan Circle
    Jerome,MI492499530     		None Other Public Charity To provide general support (charitable) 1,000
    Property and Environment Research Center
    2048 Analysis Drive Suite A
    Bozeman,MT597186829     		None Other Public Charity To provide general support (charitable) 12,000
    Reason Foundation
    3415 S Sepulveda Blvd Suite 400
    Los Angeles,CA90034     		None Other Public Charity To provide general support (charitable) 32,000
    Rio Grande Foundation
    P O Box 40336
    Albuquerque,NM87196     		None Other Public Charity To provide general support (charitable) 10,000
    State Policy Network
    2020 North 14th Street Suite 250
    Arlington,VA22201     		None Other Public Charity To provide general support (charitable) 10,000
    Talent Market LLC (CO Donors Trust)
    1490 Greenshade Way
    Mount Pleasant,SC29464     		None Other Public Charity To provide general support (charitable) 3,000
    Tax Foundation
    529 14th Street NW Suite 420
    Washington,DC200451000     		None Other Public Charity To provide general support (charitable) 15,000
    Thomas Jefferson Institute for Public Policy
    9035 Golden Sunset Lane
    Springfield,VA22153     		None Other Public Charity To provide general support (charitable) 4,000
    Virginia Institute for Public Policy
    7326 Early Marker Court
    Gainesville,VA201551865     		None Other Public Charity To provide general support (charitable) 28,000
    Reason Foundation
    3415 S Sepulveda Blvd Suite 400
    Los Angeles,CA90034     		None Other Public Charity To provide support (charitable) for building campaign 10,000
    The Philanthropy Roundtable
    1730 M Street NW Suite 601
    Washington,DC20036     		None Other Public Charity To provide general support (charitable) 500
    Total .................................bullet 3a 715,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 566  
    4 Dividends and interest from securities....     14 222,311  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     18 1,477  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 535,195  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aRidgewood Energy I Fund LLC ordinary loss 211110 1,937      
    bRidgewood Energy L Fund LLC ordinary income 211110 -18,225      
    cRidgewood Energy N Fund LLC ordinary income 211110 1,441      
    dRidgewood Energy O Fund LLC ordinary loss 211110 916      
    eRidgewood Energy P Fund LLC ordinary income 211110 -2,336      
    fRidgewood Energy Q Fund LLC ordinary loss 211110 3,938      
    gRidgewood Energy R Fund ordinary loss 211110 -914      
    hRidgewood Energy S Fund LLC ordinary income 211110 8,593      
    iWestern Drilling Program 2008-B ordinary income 211110 1,373      
    jWestern Drilling Program 2010-B ordinary income 211110 18,340      
    kWestern Drilling Program Badger/Bush ordinary income 211110 1,116      
    lPortfolio America Asset Pool I LLC ordinary income 211110 -2,809      
    mRidgewood Energy BlueWater Qil Fund III LLC ordinary loss 211110 -14,977      
    nThe Chase Gulf LLC Oil & Gas ordinary loss 211110 -18,976      
    oThe Chase Gulf LLC non-Oil & Gas ordinary loss 211110 -1,005      
    12 Subtotal. Add columns (b), (d), and (e).. -21,588 759,549 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13737,961
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    The Chase Foundation of Virginia
     
    Employer identification number

    54-1770697
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    The Chase Foundation of Virginia
          		Employer identification number

    54-1770697
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    Derwood S Chase Jr  
    300 Preston Avenue Suite 500
     
    Charlottesville, VA229025096

    		$1,600,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    The Chase Foundation of Virginia
          		Employer identification number

    54-1770697
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    The Chase Foundation of Virginia
          		Employer identification number

    54-1770697
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 5,375 0   5,375

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Corporate Bonds 4,933,863 4,859,871

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Common Stocks 765,107 675,961

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    US Government Securities - End of Year Book Value:

    1,502,031
    US Government Securities - End of Year Fair Market Value:

    1,500,800
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2013 InvestmentsOtherSchedule2
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Mutual Funds FMV 3,070,555 3,801,828
    Ridgewood Energy I Fund, L.L.C. FMV 10,868 10,123
    Ridgewood Energy L Fund, L.L.C. FMV 0 0
    Ridgewood Energy N Fund, L.L.C. FMV 0 0
    Ridgewood Energy O Fund, L.L.C. FMV 56,426 11,285
    Ridgewood Energy P Fund, L.L.C. FMV 24,396 24,561
    Ridgewood Energy Q Fund, L.L.C. FMV 33,022 12,334
    Ridgewood Energy R Fund, L.L.C. FMV 6,037 1,278
    Ridgewood Energy S Fund, L.L.C. FMV 37,609 17,745
    Western Drilling Program 2008-B FMV 3,297 8,949
    Western Drilling Program 2010-B FMV 19,969 79,589
    Western Drilling Program Badger & Bush FMV 1,542 5,589
    333,333 shares Zounds, Inc. Series A2 preferred stock FMV 25,000 25,000
    422,415 shares OurStage, Inc. Series B preferred stock FMV 106,660 190,087
    Ridgewood Energy BlueWater Oil Fund III, L.L.C. FMV 68,946 73,563
    Portfolio America Asset Pool I, L.L.C. FMV 84,790 84,790
    The Chase Gulf, L.L.C. FMV 99,966 115,955

    TY 2013 OtherDecreasesSchedule
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Description Amount
    Rounding (Pass-Through Entities) 2


    TY 2013 OtherExpensesSchedule
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Custody Fees 6,436 6,436   0
    Credit Card Fees 150 0   150
    Portfolio Deductions - from K-1 (The Chase Gulf LLC) 15,001 15,001   0


    TY 2013 OtherIncomeSchedule2
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    STCG from K-1 (Portfolio America Asset Pool I, LLC) 12 0 12
    LTCG from K-1 (Portfolio America Asset Pool I, LLC) 1,332 0 1,332
    LTCG from Oil & Gas K-1 (Ridgewood Energy L Fund, L.L.C.) -24 0 -24
    LTCG from Oil & Gas K-1 (Western Drilling Program 2010-B) 157 0 157
    Ridgewood Energy I Fund LLC ordinary loss 1,937   1,937
    Ridgewood Energy L Fund LLC ordinary income -18,225   -18,225
    Ridgewood Energy N Fund LLC ordinary income 1,441   1,441
    Ridgewood Energy O Fund LLC ordinary loss 916   916
    Ridgewood Energy P Fund LLC ordinary income -2,336   -2,336
    Ridgewood Energy Q Fund LLC ordinary loss 3,938   3,938
    Ridgewood Energy R Fund ordinary loss -914   -914
    Ridgewood Energy S Fund LLC ordinary income 8,593   8,593
    Western Drilling Program 2008-B ordinary income 1,373   1,373
    Western Drilling Program 2010-B ordinary income 18,340   18,340
    Western Drilling Program Badger/Bush ordinary income 1,116   1,116
    Portfolio America Asset Pool I LLC ordinary income -2,809   -2,809
    Ridgewood Energy BlueWater Qil Fund III LLC ordinary loss -14,977   -14,977
    The Chase Gulf LLC Oil & Gas ordinary loss -18,976   -18,976
    The Chase Gulf LLC non-Oil & Gas ordinary loss -1,005   -1,005


    TY 2013 OtherIncreasesSchedule
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Description Amount
    Percentage Depletion 10,347


    TY 2013 TaxesSchedule
    Name:
    The Chase Foundation of Virginia
    EIN: 54-1770697
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes 22 22   0
    2012 Form 990-PF Extension (Form 8868) Payment made in 2013 7,304 0   0