The Denovo Initiative
- Assets
- $18.4m
- Revenue
- -$316.2k
- Investments
- $16.2m
- Employees
- 0
- Location
- Portland, OR
- Founding
- Data as of
- 12/2022
- EIN
- 87-3930773
Organization Overview
The Denovo Initiative is located in Portland, OR. 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. Denovo Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Denovo Initiative has awarded 13 individual grants totaling $568,305. 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 |
|---|---|---|---|
Dawn Bonder President & CEO | 40 | $155,085 | |
Janice Finley CFO | 40 | $155,085 | |
Susan Potter Head Of Business Affairs And General C | 40 | $155,085 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $117,741 |
| Interest on Savings | $169,728 |
| Dividends & Interest | $182,586 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$786,263 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$316,208 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $465,255 |
| Other employee salaries and wages | $171,017 |
| Pension plans, employee benefits | $173,690 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $2,110 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $35,793 |
| Printing and publications | $0 |
| Other expenses | $18,695 |
| Total operating and administrative expenses | $1,082,240 |
| Contributions, gifts, grants paid | $593,305 |
| Total expenses and disbursements | $1,675,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,163,669 |
| Savings and temporary cash investments | $5 |
| 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 | $3,324 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $34,759 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $66,667 |
| Total assets | $18,404,113 |
| Accounts payable and accrued expenses | $133,730 |
| 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 | $133,730 |
Grants Awarded
Over the last fiscal year, The Denovo Initiative has awarded $568,305 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ADVANCE GENDER EQUITY IN THE ARTS PURPOSE: THEATRICAL SUPPORT | $30,000 |
BAD FACT PRODUCTIONS PURPOSE: DOCUMENTARY PRODUCTION | $100,000 |
INCITE PRODUCTIONS INC PURPOSE: DOCUMENTARY PRODUCTION | $30,000 |
BAY AREA VIDEO COALITION PURPOSE: DOCUMENTARY PRODUCTION | $3,200 |
C ME GROW INC DBA GLOWMEDIA PURPOSE: DOCUMENTARY PRODUCTION | $35,000 |
CENTER FOR INDEPENDENT DOCUMENTARY INC PURPOSE: DOCUMENTARY PRODUCTION | $10,527 |