David Alden And Dina Al-Sabah Family Foundation
- Assets
- $3.9m
- Revenue
- $28.0k
- Investments
- $3.7m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 83-2704531
Organization Overview
David Alden And Dina Al-Sabah Family Foundation is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David Alden And Dina Al-Sabah 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 12/2023, David Alden And Dina Al-Sabah Family Foundation generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $207.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, David Alden And Dina Al-Sabah Family Foundation has awarded 22 individual grants totaling $1,362,500. 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 Alden Trustee | 2 | $0 | |
Dina Al-Sabah Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,428 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,610 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $203 |
| Total Revenue | $28,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $934 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,102 |
| Contributions, gifts, grants paid | $182,500 |
| Total expenses and disbursements | $207,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $148,704 |
| 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 | $1,988,112 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,850,410 |
| 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, David Alden And Dina Al-Sabah Family Foundation has awarded $182,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S NATIONAL PURPOSE: GENERAL OPERATING EXPENSES | $25,000 |
LITTLE FOLKS SCHOOL PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |
ENTERTAINMENT INDUSTRY FOUNDATION- STAND UP TO CANCER PURPOSE: GENERAL OPERATING EXPENSES | $100,000 |
DANA DARBER CANCER INSTITUTE PURPOSE: GENERAL OPERATING EXPENSES | $20,000 |
GEORGETOWN UNIVERSITY PURPOSE: GENERAL OPERATING EXPENSES | $12,500 |
WASHINGTON PERFORMING ARTS PURPOSE: GENERAL OPERATING EXPENSES | $15,000 |