Marie A Dornhecker Foundation
- Assets
- $871.9k
- Revenue
- $109.9k
- Investments
- $854.8k
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 54-1945504
Organization Overview
Marie A Dornhecker Foundation is located in Chesapeake, VA. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Marie A Dornhecker 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, Marie A Dornhecker Foundation generated $109.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $73.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Marie A Dornhecker Foundation has awarded 63 individual grants totaling $210,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVIEW APPLICATIONS AND GRANT SCHOLARSHIPS TO ENCOURAGE THE STUDY OF THE FRENCH LANGUAGE AND CULTURE IN VIRGINIA UNDER THE PROCEDURES APPROVED IN THE FOUNDATION'S DETERMINATION LETTER FROM THE IRS. AWARDED 1 SCHOLARSHIP DURING 2020.
PROVIDED DONATIONS TO FIVE CHARITABLE TAX EXEMPT ENTITIES WHICH PROVIDE EDUCATIONAL AND OTHER COMMUNITY SUPPORTIVE PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert R Kinser President | 0.5 | $0 | |
Stephen J Telfeyan VP & Treasur | 0.5 | $0 | |
Susan V Rowling Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $26,188 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,713 |
| Capital Gain Net Income | $83,713 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $109,903 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $258 |
| Depreciation | $0 |
| Occupancy | $3,250 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,196 |
| Total operating and administrative expenses | $22,760 |
| Contributions, gifts, grants paid | $51,100 |
| Total expenses and disbursements | $73,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,401 |
| Savings and temporary cash investments | $10,698 |
| 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 | $694,256 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $871,945 |
| 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, Marie A Dornhecker Foundation has awarded $51,100 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
URBAN DISCOVERY MINISTRIES PURPOSE: DONATION | $8,900 |
FOODBANK OF SOUTHEASTERN VIRGINIA PURPOSE: DONATION | $8,900 |
Chesapeake, VA PURPOSE: DONATION | $8,900 |
Richmond, VA PURPOSE: DONATION | $8,900 |
PATRICE WHITE TAYLOR PURPOSE: SCHOLARSHIP | $3,000 |
LAUREN CRAWFORD PURPOSE: SCHOLARSHIP | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
National Association Of Student Financial Aid Administrators Washington, DC | $22,189,727 | $10,008,615 |
Cobell Board Of Trustees Washington, DC | $177,171,131 | $17,842,265 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
Student Freedom Initiative Inc Washington, DC | $132,770,538 | $15,285,825 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |