Duncum Family Foundation
- Assets
- $925.3k
- Revenue
- $75.2k
- Investments
- $633.5k
- Employees
- 0
- Location
- Decatur, TX
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 45-3998735
Organization Overview
Duncum Family Foundation is located in Decatur, TX. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Duncum 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 12/2022, Duncum Family Foundation generated $75.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $73.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Duncum Family Foundation has awarded 24 individual grants totaling $154,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Duncum President | 1 | $0 | |
J Mark Duncum Vice President | 2 | $0 | |
James M Duncum Director | 1 | $0 | |
Jeffrey M Duncum Director | 1 | $0 | |
Justin M Duncum Director | 1 | $0 | |
Bobbie K Duncum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,694 |
| Dividends & Interest | $19,491 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,056 |
| Capital Gain Net Income | $48,056 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $75,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $144 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $13,155 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $73,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $291,742 |
| 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 | $925,258 |
| 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 |
Grants Awarded
Over the last fiscal year, Duncum Family Foundation has awarded $60,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ABILENE CHRISTIAN UNIVERSITY PURPOSE: CONTRIBUTION TO THE JOE L. COPE ENDOWED SCHOLARSHIP FUND PROVIDING ASSISTANCE TO STUDENTS STUDYING CONFLICT RESOLUTION. | $20,000 |
NEW MEXICO CHRISTIAN CHILDREN'S HOM PURPOSE: TO PROVIDE ASSISTANCE TO ORPHANS, SINGLE PARENTS AND ADOPTIVE PARENTS. | $5,000 |
EASTERN EUROPEAN MISSION PURPOSE: TO SUPPORT EFFORT TO PROVIDE BIBLES AND CHRISTIAN LITERATURE TO COUNTRIES IN EASTERN AND CENTRAL EUROPE. | $10,000 |
HIGH PLAINS CHILDREN'S HOME PURPOSE: TO PROVIDE ASSISTANCE TO ORPHANS AND ADOPTIVE PARENTS. | $5,000 |
TWICKENHAM CHURCH OF CHRIST PURPOSE: TO PROVIDE ASSISTANCE TO THE EFFORT TO HOUSE AND EDUCATE ABANDONED CHILDREN IN EQUADOR. | $5,000 |
THE CHURCH AT 1548 HEIGHTS PURPOSE: TO SUPPORT MISSION WORK IN BRAZIL. | $4,000 |