The Dg Foundation is located in Greenbank, WA. The organization was established in 2008. 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.
For the year ending 12/2019, Dg Foundation generated $128.1k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dg Foundation has awarded 100 individual grants totaling $2,110,946. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Guthrie President | 0.5 | $0 | |
Candace Y Tkachuck Vice President | 0.1 | $0 | |
Donald G Guthrie Secretary & Treasurer | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $263 |
| Dividends & Interest | $22,520 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $105,350 |
| Capital Gain Net Income | $105,350 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $128,133 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,075 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,462 |
| Contributions, gifts, grants paid | $1,264,946 |
| Total expenses and disbursements | $1,283,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,094 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $128,094 |
| 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 |
Over the last fiscal year, The Dg Foundation has awarded $1,264,946 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF THE CHILDREN - KING COUNTY PURPOSE: UNRESTRICTED GRANT | $30,000 |
GOLDMAN SACHS PHILANTHROPY FUND PURPOSE: GENERAL | $1,156,946 |
SEATTLE ART & LECTURES PURPOSE: WRITERS IN THE SCHOOLS -- $15,000 UNRESTRICTED--$20,000 | $35,000 |
UNIVERSITY OF WASHINGTON FOUNDATION PURPOSE: I-LABS READY MIND PROJECT | $5,000 |
WHIDBEY-CAMANO LAND TRUST PURPOSE: UNRESTRICTED GRANT | $35,000 |
YMCA OF GREATER SEATTLE PURPOSE: CAMPING SERVICES | $3,000 |