Deutsche Bank Americas Foundation

Organization Overview

Deutsche Bank Americas Foundation is located in New York, NY. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deutsche Bank Americas Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Deutsche Bank Americas Foundation generated $11.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $9.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Deutsche Bank Americas Foundation has awarded 24 individual grants totaling $3,041,667. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES LOANS AT FAVORABLE INTEREST RATES TO EXEMPT 501(C)(3) AND OTHER ORGANIZATIONS TO FURTHER THE FOUNDATION'S CHARITABLE PURPOSES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Deutsche Bank Wealth Management
$131,379
Madison Consulting
$93,330
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $9,207,545
Interest on Savings $95
Dividends & Interest $620,350
Net Rental Income$0
Net Gain on Sale of Assets $948,403
Capital Gain Net Income $948,403
Net ST Capital Gain $0
Income Modifications $639,997
Profit on Inventory Sales $0
Other Income $244,136
Total Revenue $11,020,529

Grants Awarded

Over the last fiscal year, Deutsche Bank Americas Foundation has awarded $3,041,667 in support to 24 organizations.

Grant RecipientAmount

LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPM

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$166,667

LOCAL INITIATIVES SUPPORT CORPORATATION

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$150,000

ENTERPRISE COMMUNITY PARTNERS

Org PageRecipient Profile

Columbia, MD

PURPOSE: GENERAL SUPPORT

$150,000

HESTER STREET COLLABORATIVE

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$125,000

New York, NY

PURPOSE: GENERAL SUPPORT

$125,000

CONCERN FOR INDEPENDENT LIVING

Org PageRecipient Profile

Medford, NY

PURPOSE: GENERAL SUPPORT

$125,000
View Grant Profile

Peer Organizations

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