Dechomai Asset Trust

Organization Overview

Dechomai Asset Trust is located in Jacksonville, FL. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public 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. Dechomai Asset Trust 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, Dechomai Asset Trust generated $1.0b in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 52.1% each year . All expenses for the organization totaled $388.1m during the year ending 12/2021. While expenses have increased by 34.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Dechomai Asset Trust has awarded 22 individual grants totaling $393,726,690. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DECHOMAI ASSET TRUST IS A TYPE I SUPPORTING ORGANIZATION WHICH RECEIVES, MANAGES, AND LIQUIDATES NONCASH CONTRIBUTIONS TO DONOR ADVISED FUNDS BENEFITING DECHOMAI FOUNDATION, INC., EIN 06-1676688, AND ITS CHARITABLE PURPOSES.

Describe the Organization's Program Activity:

RECEIPT AND MANAGEMENT OF NONCASH CONTRIBUTIONS FOR DECHOMAI FOUNDATION, INC.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$985,904,717
Noncash contributions included in lines 1a–1f $957,262,713
Total Revenue from Contributions, Gifts, Grants & Similar$985,904,717
Total Program Service Revenue$0
Investment income $30,588,602
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $161,120
Net Gain/Loss on Asset Sales $9,127,421
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,026,053,625

Grants Awarded

Over the last fiscal year, Dechomai Asset Trust has awarded $393,726,690 in support to 22 organizations.

Grant RecipientAmount

DECHOMAI FOUNDATION INC

Org PageRecipient Profile

Jacksonville, FL

PURPOSE: unrestricted

$365,169,132

ELEVATE PRIZE FOUNDATION INC

Org PageRecipient Profile

Miami, FL

PURPOSE: unrestricted

$20,105,528

THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: unrestricted

$1,959,903

KANSAS CITY UNIVERSITY

Org PageRecipient Profile

Kansas City, MO

PURPOSE: unrestricted

$1,820,915

LIFE COVENANT CHURCH

Org PageRecipient Profile

Fayetteville, AR

PURPOSE: unrestricted

$1,097,987

BERKELEY PREPARATORY SCHOOL

PURPOSE: unrestricted

$699,220
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Dechomai Asset Trust has recieved totaling $12,293,150.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$12,293,150
View Grant Recipient Profile

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