Ray And Dagmar Dolby Family Fund
- Assets
- $82.8m
- Revenue
- $2.4m
- Investments
- $79.6m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 02/2002
- Data as of
- 12/2023
- EIN
- 91-2159332
Organization Overview
Ray And Dagmar Dolby Family Fund is located in San Francisco, CA. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Ray And Dagmar Dolby Family Fund 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, Ray And Dagmar Dolby Family Fund generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $5.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ray And Dagmar Dolby Family Fund has awarded 308 individual grants totaling $144,766,526. 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 |
|---|---|---|---|
Dagmar Dolby President | 1 | $0 | |
Thomas Dolby Secretary | 1 | $0 | |
David Dolby Chief Financial Officer | 1 | $0 | |
Jen Lynch Assistant Secretary | 1 | $0 | |
Natasha Dolby Vice President | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hall Capital Partners Llc | 12/30/23 | $221,801 |
Hirsch & Associates Llc | 12/30/23 | $411,253 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $109,094 |
| Dividends & Interest | $324,934 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,071,886 |
| Capital Gain Net Income | $869,387 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $894,745 |
| Total Revenue | $2,400,659 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78,758 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $794 |
| Total operating and administrative expenses | $800,412 |
| Contributions, gifts, grants paid | $4,837,813 |
| Total expenses and disbursements | $5,638,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,171,073 |
| Net Accounts receivable | $1,751 |
| 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 | $32,195 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $79,620,750 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $82,825,769 |
| Accounts payable and accrued expenses | $20,031 |
| Grants payable | $7,913,470 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $240,927 |
| Total liabilities | $8,174,428 |
Grants Awarded
Over the last fiscal year, Ray And Dagmar Dolby Family Fund has awarded $17,427,782 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S DRUG DISCOVERY FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
CURE ALZHEIMER'S FUND PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
BARACK OBAMA FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
DAVOS ALZHEIMER'S COLLABORATIVE PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
KAISER FOUNDATION HOSPITALS PURPOSE: GENERAL OPERATING SUPPORT | $1,291,373 |
GLADSTONE INSTITUTES PURPOSE: GENERAL OPERATING SUPPORT | $2,000,000 |