Dennis & Nancy Ditlove Family Foundation is located in Minneapolis, MN. The organization was established in 0000. 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. Dennis & Nancy Ditlove 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, Dennis & Nancy Ditlove Family Foundation generated $66.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $107.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dennis & Nancy Ditlove Family Foundation has awarded 115 individual grants totaling $524,680. 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
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis G Ditlove President | 1 | $0 | |
Nancy W Ditlove Secretary | 1 | $0 | |
Cindy Tapper Director | 1 | $0 | |
Shari Goldman Director | 1 | $0 | |
Mark Ditlove Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,502 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,359 |
| Capital Gain Net Income | $53,359 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,886 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $142 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $15,054 |
| Contributions, gifts, grants paid | $92,050 |
| Total expenses and disbursements | $107,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,513 |
| Savings and temporary cash investments | $27,364 |
| 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 | $469,696 |
| 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, Dennis & Nancy Ditlove Family Foundation has awarded $92,050 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AARP FOUNDATION PURPOSE: GENERAL FUNDING | $100 |
BARBARA SINATRA CHILDREN'S CENTER PURPOSE: GENERAL FUNDING | $7,000 |
BIKUR CHOLIM OF PALM SPRINGS PURPOSE: RABBI YANKEL A KREIMAN | $3,000 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: GENERAL FUNDING | $1,800 |
CITY OF HOPE PURPOSE: GENERAL FUNDING | $500 |
DESERT COMMUNITY FOUNDATION PURPOSE: GENERAL FUNDING | $500 |