Robert And Dorothy Doumar Foundation
- Assets
- $100.1k
- Revenue
- $22.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 54-2017412
Organization Overview
Robert And Dorothy Doumar Foundation is located in Norfolk, VA. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Robert And Dorothy Doumar 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, Robert And Dorothy Doumar Foundation generated $22.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $18.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Robert And Dorothy Doumar Foundation has awarded 167 individual grants totaling $171,315. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert G Doumar President | 0 | $0 | |
Dorothy M Doumar Treasurer | 0 | $0 | |
Charles Doumar Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24 |
| Dividends & Interest | $10,933 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,174 |
| Capital Gain Net Income | $11,174 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,131 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $110 |
| Total operating and administrative expenses | $2,098 |
| Contributions, gifts, grants paid | $16,220 |
| Total expenses and disbursements | $18,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,760 |
| 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 | $81,320 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $100,080 |
| 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, Robert And Dorothy Doumar Foundation has awarded $16,220 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: ALZHEIMERS DISEASE RESEARCH | $100 |
AMERICAN HEART ASSOC PURPOSE: HEART DISEASE AND STROKE RESEARCH | $100 |
CHILDRENS HOSPITAL OF THE KINGS D PURPOSE: SUPPORT OF CHILDRENS HOSPITAL | $3,000 |
FOODBANK OF SOUTHEASTERN VIRGINIA PURPOSE: TO FEED THE HUNGRY POPULATION OF SOUTHEASTERN VA | $225 |
CHRYSLER MUSEUM OF ART PURPOSE: SUPPORT OF ARTS | $370 |
DELTA UPSILON EDUCATION PURPOSE: FOR EDUCATION | $100 |