University Of Dc Foundation

Organization Overview

University Of Dc Foundation is located in Washington, DC. The organization was established in 1979. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 09/2021, University Of DC Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of DC 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 09/2021, University Of DC Foundation generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $1.4m during the year ending 09/2021. While expenses have increased by 4.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SCHOLARSHIPS, FELLOWSHIPS AND INTERNSHIPS SUPPORT TO STUDENTS AT THE UNIVERSITY OF THE DISTRICT OF COLUMBIA.


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Board, Officers & Key Employees

Name (title)Compensation
Douglas M Firstenberg
Vice President
$0
Joseph M Perta
President
$0
Beverly J Burke
Treasurer
$0
Michael B Goldstein
Secretary
$0
Rodney Trapp
Executive Secretary
$0
Ronald Mason
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$6,803
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,118,130
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,124,933
Total Program Service Revenue$0
Investment income $198,787
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $446,547
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,770,267

Grants Recieved

Over the last fiscal year, we have identified 10 grants that University Of Dc Foundation has recieved totaling $334,655.

Awarding OrganizationAmount
Tech Alabama

Birmingham, AL

PURPOSE: PROGRAM SUPPORT

$200,000
Thurgood Marshall College Fund Inc

Washington, DC

PURPOSE: Capital Builders Center/Clifton Scholars Program

$105,025
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$10,078
United Way Of The National Capital Area

Vienna, VA

PURPOSE: DESIGNATED AND/OR GRANTED IN SUPPORT OF AGENCY PROGRAMS

$6,707
Tom Joyner Foundation Inc

Dallas, TX

PURPOSE: EDUCATION SCHOLARSHIP

$6,450
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$5,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,076,809
Earnings$1,543,524
Net Contributions$847,367
Other Expense$99,110
Ending Balance$9,368,590

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