District Of Columbia School Of Law Foundation
- Assets
- $12.2m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/1994
- Data as of
- 06/2022
- EIN
- 52-1863674
Organization Overview
District Of Columbia School Of Law Foundation, operating under the name DC School of Law Foundation, is located in Washington, DC. The organization was established in 1994. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DC School of Law 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 06/2022, DC School of Law Foundation generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 7.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO THE STUDENTS,FACULTY AND PROGRAMS OF THE UNIVERSITY OF THE DISTRICT OF COLUMBIA DAVID A. CLARKE SCHOOL OF LAW (FORMERLY DC SCHOOL OF LAW) IN ORDER TO PROMOTE EXCELLENCE IN PUBLIC LEGAL EDUCATION IN THE DISTRICT OF COLUMBIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS: DURING ACADEMIC YEAR 2021-22, THE FOUNDATION PROVIDED $579,618 TO FUND SCHOLARSHIPS FOR 123 UDC LAW STUDENTS, INCLUDING $114,668 FOR COMMERCIAL BAR COURSE SCHOLARSHIPS. SCHOLARSHIPS WERE AWARDED BY UDC LAW IN VARIED AMOUNTS BASED ON ACADEMIC MERIT, PERSONAL ACCOMPLISHMENTS, AND FINANCIAL NEED. SCHOLARSHIPS BENEFIT STUDENTS BY EASING THE FINANCIAL BURDEN OF LAW SCHOOL, ALLOWING THEM TO DEVOTE MORE TIME TO THEIR STUDIES AND, BY REDUCING EDUCATIONAL DEBT, INCREASING THEIR FUTURE EMPLOYMENT OPTIONS. SCHOLARSHIPS BENEFIT UDC LAW BY HELPING IT TO RECRUIT AND RETAIN TALENTED AND PUBLIC INTEREST-ORIENTED STUDENTS. IN TURN, IN ADDITION TO GRADUATING EFFECTIVE AND ETHICAL FUTURE ATTORNEYS, UDC LAWS EMPHASIS ON RECRUITING AND ENROLLING STUDENTS WHO BELONG TO GROUPS UNDERREPRESENTED AT THE BAR BENEFITS THE LEGAL PROFESSION BY INCREASING ITS DIVERSITY.
SUMMER FELLOWSHIPS: IN 2022, THE FOUNDATION PROVIDED $345,000 TO FUND FELLOWSHIPS FOR 50 UDC LAW STUDENTS PARTICIPATING IN THE SCHOOLS SUMMER PUBLIC INTEREST FELLOWSHIP PROGRAM. FELLOWS SPEND THE SUMMER SEMESTER IN A NOT-FOR-PROFIT PUBLIC INTEREST, GOVERNMENTAL OR JUDICIAL OFFICE, PERFORMING LAW-RELATED WORK UNDER THE SUPERVISION OF AN ATTORNEY. IN ESSAYS, STUDENTS REFLECT ON THEIR EXPERIENCES AS A MEANS OF FOSTERING THEIR PROFESSIONAL DEVELOPMENT. THROUGH THEIR SUMMER PLACEMENTS, STUDENTS BUILD SUBSTANTIVE EXPERTISE AND COMMITMENT, MAKE VALUABLE PROFESSIONAL CONTACTS, AND PROVIDE LEGAL SERVICES TO INDIVIDUALS, ORGANIZATIONS AND COMMUNITIES WHO OTHERWISE COULD NOT AFFORD A LAWYER.
BAR STUDY GRANTS: DURING FISCAL YEAR 2022, THE FOUNDATION PROVIDED $234,000 TO FUND BAR STUDY GRANTS FOR 33 GRADUATING UDC LAW STUDENTS PARTICIPATING IN A STRUCTURED BAR STUDY PROGRAM. THE BAR STUDY GRANT PROGRAM SERVES TO EASE FINANCIAL STRESSORS AND EMPLOYMENT-RELATED TIME COMMITMENTS DURING THE CRITICAL STUDY PERIOD PRIOR TO THE BAR EXAM, COMBINED WITH ONGOING ACCESS TO THE ACADEMIC GUIDANCE AND STRUCTURE NECESSARY TO MAINTAIN A SUCCESSFUL STUDY REGIMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Solomon Vice Chair | OfficerTrustee | 0 | $0 |
B Michael Rauh Chair Emeritus | OfficerTrustee | 0 | $0 |
Deniel P Edelman Treasurer | OfficerTrustee | 0 | $0 |
William Robinson Secretary | OfficerTrustee | 0 | $0 |
Jon Bouker Chair | OfficerTrustee | 0 | $0 |
Robert Newman Director | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $95,700 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $810,878 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $906,578 |
| Total Program Service Revenue | $10,467 |
| Investment income | $210,836 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $915,441 |
| Net Income from Fundraising Events | -$73,507 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,969,815 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,526,265 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $118,506 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,622 |
| Office expenses | $25,155 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,561 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,400 |
| All other expenses | $25,344 |
| Total functional expenses | $1,801,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,581 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,564 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,532 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,842,734 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,189,411 |
| Accounts payable and accrued expenses | $874,255 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $874,255 |
| Net assets without donor restrictions | $693,752 |
| Net assets with donor restrictions | $10,621,404 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,189,411 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that District Of Columbia School Of Law Foundation has recieved totaling $149,891.
| Awarding Organization | Amount |
|---|---|
Morris And Gwendolyn Cafritz Foundation Washington, DC PURPOSE: EDUCATION | $90,000 |
National Conference Of Bar Examiners Madison, WI PURPOSE: FUNDS TO GRANT LIVING-EXPENSE STIPENDS TO THREE GRADUATES OF THE LAW SCHOOL WHO ARE PREPARING FOR THE JULY 2022 BAR EXAMINATION, TO ALLOW THE RECIPIENTS TO DEVOTE SUBSTANTIAL TIME TO BAR-EXAM STUDY. | $30,000 |
Accesslex Institute West Chester, PA PURPOSE: PROGRAM SUPPORT/RESEARCH | $10,000 |
Morrison & Foerster Foundation San Francisco, CA PURPOSE: GENERAL FUND | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,891 |
Endowment Analysis
| Beg. Balance | $6,931,601 |
| Earnings | -$919,289 |
| Net Contributions | $307,071 |
| Other Expense | $58,265 |
| Ending Balance | $6,261,118 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Forward Dc Washington, DC | $28,133,967 | $25,991,844 |
Mason Korea Llc Fairfax, VA | $8,225,008 | $12,324,735 |
Virginia Tech Real Estate Fdn Blacksburg, VA | $231,612,607 | $16,876,838 |
Building Hope Real Estate Washington, DC | $105,552,493 | $11,148,900 |
Charter School Incubator Initiative Washington, DC | $37,834,831 | $8,281,364 |
Council For Opportunity In Education Washington, DC | $3,201,325 | $8,308,398 |
Alliance For Academic Internal Medicine Inc Alexandria, VA | $13,744,999 | $6,917,370 |
Csdc Facilities Corporation Hanover, MD | $43,951,626 | $6,090,721 |
Citybridge Education Washington, DC | $3,430,657 | $5,924,866 |
Teaching Lab Washington, DC | $4,789,641 | $8,596,594 |
National Summer Learning Assoc Inc Washington, DC | $3,054,250 | $3,913,435 |
Core Knowledge Foundation Charlottesville, VA | $10,759,261 | $6,889,029 |