Dare Foundation
- Assets
- $16.5m
- Revenue
- $454.1k
- Investments
- $16.5m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- Data as of
- 12/2022
- EIN
- 83-1471194
Organization Overview
Dare Foundation is located in Palo Alto, CA. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Dare 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, Dare Foundation generated $454.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (54.6%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Dare Foundation has awarded 170 individual grants totaling $2,286,962. 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 |
|---|---|---|---|
Zack Rinat President | 1 | $0 | |
Orli Rinat Chairman | 1 | $0 | |
John Buoymaster CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $248,297 |
| Dividends & Interest | $197,277 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$34,871 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $43,438 |
| Total Revenue | $454,141 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,743 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $142,713 |
| Total operating and administrative expenses | $163,956 |
| Contributions, gifts, grants paid | $889,505 |
| Total expenses and disbursements | $1,053,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,628 |
| 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 | $14,383,212 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,538,449 |
| 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 | $189,627 |
| Total liabilities | $189,627 |
Grants Awarded
Over the last fiscal year, Dare Foundation has awarded $889,505 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
50-50 STARTUPS PURPOSE: GENERAL | $15,000 |
ABRAHAM INITIATIVES PURPOSE: GENERAL | $25,000 |
ACLUF PURPOSE: GENERAL | $13,600 |
AMERICAN FRIENDS OF MORESHET PURPOSE: GENERAL | $5,000 |
AMERICAN FRIENDS OF TEL AVIV UNIVERSITY PURPOSE: GENERAL | $8,950 |
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: GENERAL | $20,000 |