Darragh Foundation
- Assets
- $786.2k
- Revenue
- $85.6k
- Investments
- $726.1k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 12/1968
- Data as of
- 12/2022
- EIN
- 71-0406242
Organization Overview
Darragh Foundation is located in Little Rock, AR. The organization was established in 1968. 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. Darragh 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, Darragh Foundation generated $85.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $374.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Darragh Foundation has awarded 135 individual grants totaling $2,662,317. 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 |
|---|---|---|---|
Max Brantley Director | 0.5 | $0 | |
Ernie Dumas Director | 1.5 | $0 | |
Freddie Nixon Director | 0.5 | $0 | |
Charles B Cliett Jr Secretary | 0.5 | $0 | |
Kathy Wells Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26 |
| Dividends & Interest | $15,812 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $69,766 |
| Capital Gain Net Income | $69,766 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,662 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,685 |
| Total operating and administrative expenses | $17,209 |
| Contributions, gifts, grants paid | $357,500 |
| Total expenses and disbursements | $374,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,139 |
| 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 | $726,100 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $786,239 |
| 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 | $375 |
| Total liabilities | $375 |
Grants Awarded
Over the last fiscal year, Darragh Foundation has awarded $357,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
PLANNED PARENTHOOD GREAT PLAINS PURPOSE: CHARITABLE | $85,000 |
AMERICAN CIVIL LIBERTIES UNION OF A PURPOSE: OPERATIONS GRANT | $120,000 |
SINGLE PARENT SCHOLARSHIP FUND PURPOSE: SCHOLARSHIP GRANT | $10,000 |
AR ADVOCATES CHILDREN FAMILY PURPOSE: OPERATIONS GRANT | $30,000 |
PULASKI TECHNICAL COLLEGE FOUNDATIO PURPOSE: SCHOLARSHIP | $10,000 |
ARKANSAS PUBLIC LAW CENTER PURPOSE: GRANT | $34,000 |