Dgbb Foundation
- Assets
- $5.3m
- Revenue
- $137.2k
- Investments
- $4.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 75-2707012
Organization Overview
Dgbb Foundation is located in Dallas, TX. The organization was established in 1998. 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. Dgbb 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 12/2023, Dgbb Foundation generated $137.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $267.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dgbb Foundation has awarded 18 individual grants totaling $1,115,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David G Rogers Trustee | 10 | $0 | |
Mary B Rhoades Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,533 |
| Dividends & Interest | $132,886 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,062 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$148 |
| Total Revenue | $137,209 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,690 |
| Printing and publications | $0 |
| Other expenses | $300 |
| Total operating and administrative expenses | $27,972 |
| Contributions, gifts, grants paid | $239,500 |
| Total expenses and disbursements | $267,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $685,406 |
| 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 | $250,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,946,309 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,265,537 |
| 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, Dgbb Foundation has awarded $239,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ADIRONDACK FOUNDATION PURPOSE: MARY B. RHOADES FUND | $207,000 |
DALLAS MUSEUM OF ART PURPOSE: TOWARDS THE DALLAS MUSEUM OF ART ACQUISITION FUND | $7,500 |
RANCH HANDS RESCUE PURPOSE: MATCHING GRANT FOR THE IGNITE HOPE GALA TO SUPPORT GENERAL OPERATIONS | $20,000 |
ST MARKS SCHOOL OF TEXAS PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |