Dan L Duncan Family Foundation
- Assets
- $690.7m
- Revenue
- $23.1m
- Investments
- $681.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 04/2004
- Data as of
- 12/2023
- EIN
- 20-0265572
Organization Overview
Dan L Duncan Family Foundation is located in Houston, TX. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Dan L Duncan Family 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 12/2023, Dan L Duncan Family Foundation generated $23.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $41.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dan L Duncan Family Foundation has awarded 375 individual grants totaling $258,766,647. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randa Duncan Williams Chair/pres/dir | 1 | $0 | |
Richard H Bachmann Vice Chairman/dir | 0.5 | $0 | |
Dannine Gale Duncan Vice Pres/dir | 0.5 | $0 | |
Milane Duncan Frantz Vice Pres/dir | 0.5 | $0 | |
Scott D Duncan Vice Pres/dir | 0.5 | $0 | |
W Randall Fowler Cfo/dir | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dodge & Cox | 12/30/23 | $190,327 |
Polen Growth | 12/30/23 | $258,304 |
Loomis Sayles | 12/30/23 | $68,211 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $736,162 |
| Dividends & Interest | $15,509,405 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,876,056 |
| Capital Gain Net Income | $2,802,661 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,971,361 |
| Total Revenue | $23,092,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $517,481 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,931 |
| Total operating and administrative expenses | $1,091,881 |
| Contributions, gifts, grants paid | $40,536,108 |
| Total expenses and disbursements | $41,627,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,260,734 |
| Savings and temporary cash investments | $6,605,343 |
| Net Accounts receivable | $985,980 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $442,958,592 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $690,686,944 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Dan L Duncan Family Foundation has awarded $72,148,536 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
ADDI'S FAITH FOUNDATION INC PURPOSE: SOCIAL SERVICES | $10,000 |
ARROW CHILD AND FAMILY MINISTRIES PURPOSE: SOCIAL SERVICES | $5,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: MEDICAL PROGRAMS | $930,065 |
BAYSIDE HEALTHCARE FOUNDATION PURPOSE: MEDICAL PROGRAMS | $490,485 |
BOYS AND GIRLS CLUBS OF GREATER HOUSTON INC PURPOSE: SOCIAL SERVICES | $7,500 |
BEL INIZIO PURPOSE: SOCIAL SERVICES | $5,000 |