Dbb Foundation Inc
- Assets
- $0.0
- Revenue
- $221.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 06/2018
- EIN
- 94-1270336
Organization Overview
Dbb Foundation Inc is located in San Francisco, CA. Dbb 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 06/2018, Dbb Foundation Inc generated $221.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (55.9%) each year. All expenses for the organization totaled $756.3k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (57.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
DBB FOUNDATION'S MISSION IS TO MAINTAIN AND MANAGE THE RESTRICTED ASSETS OF THE FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROCEEDS THAT WERE HELD IN ESCROW PURSUANT TO THE ASSET PURCHASE AGREEMENT DATED AUGUST 19, 2013 RELATED TO THE SALE OF THE OPERATIONS OF DELTA BLOOD BANK TO THE AMERICAN NATIONAL RED CROSS WERE RECEIVED IN THE LAST QUARTER OF 2015. IN THE FISCAL 2017/2018 YEAR, THE FOUNDATION INTERVIEWED SEVERAL CHARITABLE ORGANIZATIONS AND SELECTED TWO CHARITABLE ORGANIZATIONS TO WHICH THE FOUNDATION DONATED A TOTAL OF $657,520. EFFECTIVE JUNE 18, 2018, THE FOUNDATION WOUND UP AND WAS DISSOLVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lawrence MD Vice President/director | OfficerTrustee | 0.5 | $0 |
John Baker MD Secretary/treasurer/direct | OfficerTrustee | 0.5 | $0 |
John Eisenhut President/director | OfficerTrustee | 1 | $0 |
Harris M Goodman MD Director | Trustee | 0.5 | $0 |
David Jensen MD Director | Trustee | 0.5 | $0 |
Aminder Mehdi MD Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $221 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $657,520 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,746 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $36,500 |
| All other expenses | $0 |
| Total functional expenses | $756,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Dbb Foundation Inc has awarded $657,520 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF SAN JOAQUIN INC PURPOSE: PURPOSES RELATED TO HEALTHCARE IN SAN JOAQUIN AND CALAVERAS COUNTIES. | $315,000 |
STANISLAUS COMMUNITY FOUNDATION PURPOSE: PURPOSES RELATED TO HEALTHCARE IN STANISLAUS AND TUOLUMNE COUNTIES. | $315,000 |
ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLP PURPOSE: PURPOSES RELATED TO HEALTHCARE IN SAN JOAQUIN, CALAVERAS, TUOLUMNE OR STANISLAUS COUNTIES | $27,520 |