Dickson Foundation Inc
- Assets
- $61.6m
- Revenue
- $6.1m
- Investments
- $60.2m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 05/1952
- Data as of
- 12/2021
- EIN
- 56-6022339
Organization Overview
Dickson Foundation Inc is located in Charlotte, NC. The organization was established in 1952. 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. Dickson Foundation Inc 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, Dickson Foundation Inc generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $4.9m during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 4 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.
Since 2021, Dickson Foundation Inc has awarded 236 individual grants totaling $7,322,593. 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
2021
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas W Dickson Director,vice President | 1 | $0 | |
Alison M Scott Director | 1 | $0 | |
R Stuart Dickson Director, Chairman & President | 1 | $0 | |
Jane W Marley Director | 1 | $0 | |
Christian O Avery Director | 1 | $0 | |
Harrison H Williamson Jr Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rdk Management Llc | 12/30/21 | $217,867 |
Us Trust Company | 12/30/21 | $130,517 |
Morgan Stanley | 12/30/21 | $89,819 |
Brown Brothers Harriman | 12/30/21 | $151,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,095,142 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,723,474 |
| Capital Gain Net Income | $6,783,376 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,277,829 |
| Total Revenue | $6,096,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $94,037 |
| Depreciation | $0 |
| Occupancy | $100,847 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,541 |
| Total operating and administrative expenses | $830,841 |
| Contributions, gifts, grants paid | $4,079,093 |
| Total expenses and disbursements | $4,909,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,399 |
| Savings and temporary cash investments | $1,355,817 |
| 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 | $22,107,731 |
| Net Land, buildings, and equipment | $38,336 |
| Other assets | $0 |
| Total assets | $61,574,126 |
| 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, Dickson Foundation Inc has awarded $7,322,593 in support to 236 organizations.
| Grant Recipient | Amount |
|---|---|
PRESBYTERIAN MEDICAL CENTER FOUNDATION PURPOSE: GENERAL SUPPORT | $1,800,000 |
Davidson, NC PURPOSE: GENERAL SUPPORT | $360,000 |
Charlotte, NC PURPOSE: GENERAL SUPPORT | $300,000 |
Boone, NC PURPOSE: GENERAL SUPPORT | $250,000 |
WING HAVEN FOUNDATION PURPOSE: GENERAL SUPPORT | $240,000 |
FOUNDATION FOR THE CAROLINAS - CAROLINA THREAD TRAIL PURPOSE: GENERAL SUPPORT | $225,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dickson Foundation Inc has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Appalachian Regional Healthcare Foundation Boone, NC PURPOSE: OPERATIONAL SUPPORT | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
Drs Bruce & Lee Foundation Florence, SC | $254,078,574 | $12,559,871 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
Mary Reynolds Babcock Foundation Incorporated Winstonsalem, NC | $253,832,619 | $55,868,843 |
Edward C And Linda Dresner Levy Foundation Reston, VA | $6,482,787 | $4,609,179 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |