Darrow Foundation
- Assets
- $439.2k
- Revenue
- $12.2k
- Investments
- $368.5k
- Employees
- 0
- Location
- Novato, CA
- Founding
- 06/1964
- Data as of
- 12/2023
- EIN
- 94-6083390
Organization Overview
Darrow Foundation is located in Novato, CA. The organization was established in 1964. 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. Darrow 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, Darrow Foundation generated $12.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $44.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Darrow Foundation has awarded 107 individual grants totaling $324,500. 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 |
|---|---|---|---|
Marie A Barnes Director | 1 | $900 | |
Thomas E Martz Director | 1 | $900 | |
Todd Hedin Director | 1 | $900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,886 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,664 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,222 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,700 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $750 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,922 |
| Total operating and administrative expenses | $10,772 |
| Contributions, gifts, grants paid | $34,000 |
| Total expenses and disbursements | $44,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,044 |
| 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 | $739 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $439,247 |
| 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, Darrow Foundation has awarded $34,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES PURPOSE: ELEEMOSYNARY | $2,000 |
GIRL SCOUTS OF NORTHERN CALIFORNIA PURPOSE: ELEEMOSYNARY | $500 |
HOMEWARD BOUND PURPOSE: ELEEMOSYNARY | $1,000 |
GOODWILL INDUSTRIES OF SAN FRANCISCO PURPOSE: ELEEMOSYNARY | $1,500 |
SAN FRANCISCO-MARIN FOOD BANK PURPOSE: ELEEMOSYNARY | $8,000 |
ST RAPHAEL'S SCHOOL PURPOSE: ELEEMOSYNARY | $2,000 |