D B Anderson Charitable Foundation is located in Lancaster, PA. The organization was established in 2009. 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. D B Anderson Charitable 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, D B Anderson Charitable Foundation generated $579.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $142.6k during the year ending 12/2023. While expenses have increased by 10.0% per year over the past 8 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 2016, D B Anderson Charitable Foundation has awarded 80 individual grants totaling $569,335. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE D.B. ANDERSON CHARITABLE FOUNDATION PROVIDES A NO COST LEASE TO BUILDING BRIDGES FOUNDATION AT ANDERSON FARM. BUILDING BRIDGES FOUNDATION AT ANDERSON FARM IS A PUBLIC NON-PROFIT FOUNDATION. BUILDING BRIDGES FOCUSES ON PROVIDING THERAPEUTIC EQUINE ASSISTED PROGRAMS TO MILITARY VETERANS WITH DISBILITIES AND THEIR FAMILIES. THIS FURTHERS THE D. B. ANDERSON CHARITABLE FOUNDATION'S EXEMPT PURPOSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David B Anderson Director | 1 | $0 | |
Brian Carrington Director | 1 | $0 | |
Beth Carrington Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $530,200 |
| Interest on Savings | $6,879 |
| Dividends & Interest | $22,925 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,666 |
| Capital Gain Net Income | $19,666 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $579,670 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,925 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,663 |
| Printing and publications | $0 |
| Other expenses | $46,558 |
| Total operating and administrative expenses | $52,876 |
| Contributions, gifts, grants paid | $89,683 |
| Total expenses and disbursements | $142,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701,538 |
| 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 | $975,000 |
| Other assets | $0 |
| Total assets | $2,684,441 |
| 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, D B Anderson Charitable Foundation has awarded $89,683 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO CHRISTIAN UNIVERSITY PURPOSE: EDUCATIONAL - GENERAL TAX EXEMPT PURPOSE | $6,500 |
MILLERSVILLE UNIVERSITY PURPOSE: EDUCATIONAL - GENERAL TAX EXEMPT PURPOSE | $10,000 |
JERUSALEM EDUCATION FUND INC PURPOSE: EDUCATIONAL - GENERAL TAX EXEMPT PURPOSE | $10,000 |
GROUND ZERO BOXING CLUB PURPOSE: EDUCATIONAL - GENERAL TAX EXEMPT PURPOSE | $35,000 |
GEORGIA INSTITUTE OF TECHNOLOGY PURPOSE: EDUCATIONAL - GENERAL TAX EXEMPT PURPOSE | $5,000 |
MICHAEL P MCMAHON SCHOLARSHIP FUND PURPOSE: EDUCATIONAL - GENERAL TAX EXEMPT PURPOSE | $1,000 |