David Lloyd Kreeger Foundation
- Assets
- $104.3m
- Revenue
- $824.7k
- Investments
- $16.8m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/1962
- Data as of
- 12/2022
- EIN
- 52-6037451
Organization Overview
David Lloyd Kreeger Foundation is located in Washington, DC. The organization was established in 1962. 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. David Lloyd Kreeger 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, David Lloyd Kreeger Foundation generated $824.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, David Lloyd Kreeger Foundation has awarded 21 individual grants totaling $134,797. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
OPERATION OF ART MUSEUM FACILITIESPRIMARY BENEFICIARY IS THE GENERAL PUBLIC
PUBLIC PROGRAMS EXHIBITIONSPRIMARY BENEFICIARY IS THE GENERAL PUBLIC
PUBLICATIONS - EDUCATIONPRIMARY BENEFICIARY IS THE GENERAL PUBLIC
CHARITABLE CONTRIBUTIONS - (SEE PART XV)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Kreeger Director | 35 | $126,000 | |
Carol Ingal Director | 6 | $0 | |
Robert E Davis Director | 0 | $0 | |
Helen Wilson Chason Employee | 40 | $89,000 | |
Ivan Delgado Employee | 40 | $66,197 | |
Enrica Lipata Employee | 40 | $57,219 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $610,336 |
| Interest on Savings | $0 |
| Dividends & Interest | $493,094 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$457,030 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $178,311 |
| Total Revenue | $824,711 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $126,000 |
| Other employee salaries and wages | $448,580 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $66,460 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $771,659 |
| Total operating and administrative expenses | $1,665,550 |
| Contributions, gifts, grants paid | $40,379 |
| Total expenses and disbursements | $1,705,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,268 |
| 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 | $2,953,095 |
| Net Land, buildings, and equipment | $7,647,425 |
| Other assets | $79,517,383 |
| Total assets | $104,251,760 |
| 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 | $16 |
| Total liabilities | $16 |
Grants Awarded
Over the last fiscal year, David Lloyd Kreeger Foundation has awarded $40,379 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
GIFT OF SECURITIES TO HEIFETZ INT'L SCHOOL PURPOSE: GENERAL FUNDS | $29,379 |
WEIZMANN INSTITURE FOR SCIENCE PURPOSE: GENERAL FUNDS | $1,000 |
WETA PUBLIC TV PURPOSE: GENERAL FUNDS | $1,000 |
YOUNG CONCERT ARTISTS PURPOSE: GENERAL FUNDS | $2,000 |
THE WASHINGTON CHORUS PURPOSE: GENERAL FUNDS | $6,000 |
MARET SCHOOL PURPOSE: GENERAL FUNDS | $1,000 |