Chase Foundation of Virginia

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The Chase Foundation of Virginia is the private foundation of investor Derwood Chase, who is its president. It distributed $895.5 thousand in grants to right-wing groups in 2011, including groups like FreedomWorks and members of the right-wing web of state-based organizations known as the State Policy Network, specifically:[1]

Derwood Chase is the founder of Chase Investment Counsel Corporation in Charlottesville, Virginia, as well as its chairman emeritus, CEO, treasurer, and portfolio manager. He is a trustee of the Reason Foundation and the Fraser Institute and a member of the Mont Pelerin Society, according to BusinessWeek.[2] He has been a board member of the State Policy Network.


The foundation's trustees, as of its 2011 form 990, are:[1]

Contact Information

300 Preston Ave., No. 500
Charlottesville, VA 22902-5096
Phone: (434) 293-9104

Articles and Resources

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  1. 1.0 1.1 Chase Foundation of Virginia, 2011 Form 990, organizational annual IRS filing, July 9, 2012.
  2. Executive Profile: Derwood Sumner Chase Jr., Bloomberg BusinessWeek, accessed October 11, 2013.
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