Doughty Family Foundation Inc
- Assets
- $111.4k
- Revenue
- $50.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 84-3319864
Organization Overview
Doughty Family Foundation Inc is located in Arlington, VA. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Doughty Family Foundation Inc 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, Doughty Family Foundation Inc generated $50.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $36.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Edward Doughty Secretary/treasurer/director | 1 | $0 | |
Mary Elizabeth Doughty President/director | 1 | $0 | |
George W Connors Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $42 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,042 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $60 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $60 |
| Contributions, gifts, grants paid | $36,095 |
| Total expenses and disbursements | $36,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $111,448 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $111,448 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,523 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,523 |
Grants Awarded
Over the last fiscal year, Doughty Family Foundation Inc has awarded $36,095 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
MARYMOUNT UNIVERSITY PURPOSE: TO FUND ORGANIZATION'S PROGRAMS - UNDESIGNATED GIFTS | $2,000 |
WASHINGTON SCHOOL FOR GIRLS PURPOSE: TO FUND ORGANIZATION'S PROGRAMS - UNDESIGNATED GIFTSTO FUND ORGANIZATION'S PROGRAMS - UNDESIGNATED GIFTS | $2,000 |
DISABLED AMERICAN VETERANS PURPOSE: TO FUND ORGANIZATION'S PROGRAMS - UNDESIGNATED GIFTS | $1,810 |
LOWER CAPE FEAR LIFE CARE PURPOSE: TO FUND ORGANIZATION'S PROGRAMS - UNDESIGNATED GIFTS | $200 |
USNA FOUNDATION PURPOSE: TO FUND ORGANIZATION'S PROGRAM - MIDSHIPMAN ACTIVITY FUND | $10,000 |
RHEUMATOID ARTHRITIS FOUNDATION PURPOSE: TO FUND ORGANIZATION'S PROGRAM - SIGMA CHAPTER | $200 |