Dever Family Foundation
- Assets
- $12.2m
- Revenue
- $8.6m
- Investments
- $11.4m
- Employees
- 0
- Location
- Covington, KY
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 61-1583856
Organization Overview
Dever Family Foundation is located in Covington, KY. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Dever Family 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, Dever Family Foundation generated $8.6m in total revenue. All expenses for the organization totaled $294.1k during the year ending 12/2021. While expenses have increased by 21.1% 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.
Since 2015, Dever Family Foundation has awarded 31 individual grants totaling $1,050,000. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L Dever Director | 1 | $0 | |
Shane T Dever Director | 0.5 | $0 | |
Shelby D Daniels Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,059,208 |
| Interest on Savings | $50 |
| Dividends & Interest | $150,925 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,342,934 |
| Capital Gain Net Income | $2,342,934 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,553,117 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,844 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $199 |
| Total operating and administrative expenses | $72,585 |
| Contributions, gifts, grants paid | $221,500 |
| Total expenses and disbursements | $294,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $759,304 |
| 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 | $1,750 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,185,028 |
| 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, Dever Family Foundation has awarded $443,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CINCINNATI PURPOSE: GENERAL PURPOSE | $125,000 |
UNIVERSITY OF CINCINNATI PURPOSE: GENERAL PURPOSE | $125,000 |
LIVE LIKE SAM FOUNDATION PURPOSE: METNAL FITNESS FOR YOUTH | $53,000 |
LIVE LIKE SAM FOUNDATION PURPOSE: METNAL FITNESS FOR YOUTH | $53,000 |
TAG RANCH PURPOSE: TO HELP YOUTH DEVELOP SKILLS TO SUCCEED | $32,000 |
TAG RANCH PURPOSE: TO HELP YOUTH DEVELOP SKILLS TO SUCCEED | $32,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Herschend Family Entertainment Corporation Beneficiary Trust Branson, MO | $4,577,294 | $15,681,690 |
Allergan Foundation North Chicago, IL | $0 | $22,638,597 |
The Global Orphan Project Inc Kansas City, MO | $12,087,754 | $16,385,536 |
W N Reynolds Residuary Tr Nect Chicago, IL | $153,008,234 | $7,259,404 |
Claude Moore Charitable Foundation Fairfax, VA | $240,670,570 | $26,185,543 |
Community Anti-Drug Coalitions Of America Alexandria, VA | $15,283,034 | $14,789,686 |
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |