Double Eagle Foundation is located in Rio Verde, AZ. The organization was established in 2001. 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. Double Eagle 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 12/2021, Double Eagle Foundation generated $55.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $79.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Double Eagle Foundation has awarded 25 individual grants totaling $279,482. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $244 |
| Dividends & Interest | $54,862 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $28 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $732 |
| Total Revenue | $55,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5 |
| Total operating and administrative expenses | $36,165 |
| Contributions, gifts, grants paid | $42,979 |
| Total expenses and disbursements | $79,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,532 |
| 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 | $1,842,577 |
| 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, Double Eagle Foundation has awarded $42,979 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BANYAN COMMUNITY PURPOSE: GENERAL FUND & GROUNDS UPKEEP | $21,979 |
INTERFAITH OUTREACH AND COMMUNITY PARTNERS PURPOSE: GENERAL FUND | $10,000 |
PARK NICOLLET BE PINK PURPOSE: GENERAL FUND | $10,000 |
SUICIDE AWARENESS VOICES OF EDUCATION PURPOSE: GENERAL FUND | $1,000 |