Dacor Bacon House Foundation
- Assets
- $15.5m
- Revenue
- $1.2m
- Investments
- $198.7k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1965
- Data as of
- 12/2021
- EIN
- 52-6059096
Organization Overview
Dacor Bacon House Foundation is located in Washington, DC. The organization was established in 1965. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dacor Bacon House 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, Dacor Bacon House Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 0.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONTRIBUTE TO THE DEVELOPMENT OF MUTUAL INTERNATIONAL UNDERSTANDING BETWEEN NATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED SPACE FOR EDUCATIONAL CONFERENCES AND SEMINARS, AND ADMINISTERED FELLOWSHIP PROGRAMS TO FURTHER ITS GOAL OF PROVIDING FOR BETTER MUTUAL UNDERSTANDING BETWEEN NATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Morford Treasurer Then Trustee As Of May 2021 | OfficerTrustee | 1 | $0 |
Robert Reis Jr Ast Treasurer Then Vice Treasurer As Of May 2021 | OfficerTrustee | 1 | $0 |
Alfreda Meyers Assistant Secretary As Of May 2021 | OfficerTrustee | 1 | $0 |
Paul Denig President Until May 2021 | OfficerTrustee | 1 | $0 |
James Dandridge II VP Then President As Of May 2021 | OfficerTrustee | 1 | $0 |
Angela Dickey Secretary Then Vice President As Of May 2021 | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $293,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $293,531 |
| Total Program Service Revenue | $106,789 |
| Investment income | $315,841 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $181,877 |
| Net Gain/Loss on Asset Sales | $316,111 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,214,827 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,000 |
| Grants and other assistance to domestic individuals. | $189,173 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,685 |
| Compensation of current officers, directors, key employees. | $4,454 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $260,072 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,219 |
| Payroll taxes | $25,390 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $6,662 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $88,162 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,315 |
| Office expenses | $15,718 |
| Information technology | $9,631 |
| Royalties | $0 |
| Occupancy | $223,902 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,486 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,703 |
| Insurance | $24,186 |
| All other expenses | $6,319 |
| Total functional expenses | $1,056,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,924 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107 |
| 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 | $3,439 |
| Net Land, buildings, and equipment | $1,121,637 |
| Investments—publicly traded securities | $14,013,490 |
| Investments—other securities | $198,701 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $45,089 |
| Total assets | $15,503,387 |
| Accounts payable and accrued expenses | $60,956 |
| 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 | $3,042 |
| Total liabilities | $63,998 |
| Net assets without donor restrictions | $6,882,978 |
| Net assets with donor restrictions | $8,556,411 |
| 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 | $15,503,387 |
Grants Awarded
Over the last fiscal year, Dacor Bacon House Foundation has awarded $99,936 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: CONTRIBUTION FOR PROMOTING EDUCATION | $57,936 |
Washington, DC PURPOSE: TO PROVIDE SCHOLARSHIP AWARDS | $42,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dacor Bacon House Foundation has recieved totaling $61,707.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $51,707 |
Nelson B Delavan Foundation Chicago, IL PURPOSE: GENERAL | $10,000 |
Endowment Analysis
| Beg. Balance | $11,240,224 |
| Earnings | $1,605,551 |
| Admin Expense | $201,214 |
| Net Contributions | $233,459 |
| Grants | $393,007 |
| Ending Balance | $12,485,013 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Governance And Sustainable Development Inc Washington, DC | $3,406,420 | $7,176,788 |
Middle East Media And Research Institute Inc Washington, DC | $4,612,496 | $9,235,135 |
International Consortium Of Investigative Journalists Inc Washington, DC | $7,479,893 | $3,022,355 |
Israel Institute Inc Washington, DC | $4,523,703 | $683,865 |
U S Assoc For Intl Migration Washington, DC | $429,111 | $3,312,005 |
Us-Japan Council Washington, DC | $22,364,092 | $5,169,884 |
Global Integrity Washington, DC | $7,351,662 | $3,173,199 |
Ecopeace Middle East Environmental Ngo Forum Washington, DC | $4,125,251 | $2,987,389 |
National Peace Corps Association Washington, DC | $3,770,682 | $2,874,341 |
The 1890 Universities Foundation Washington, DC | $3,141,528 | $4,571,927 |
Arabia Foundation Washington, DC | $38,126 | $1,600,280 |
Technology Policy Institute Washington, DC | $925,196 | $1,497,340 |