Deutsche Bank Americas Foundation
- Assets
- $39.9m
- Revenue
- $8.8m
- Investments
- $23.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1987
- Data as of
- 12/2022
- EIN
- 13-3321736
Organization Overview
Deutsche Bank Americas Foundation is located in New York, NY. The organization was established in 1987. 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. Deutsche Bank Americas 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 12/2022, Deutsche Bank Americas Foundation generated $8.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $8.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Deutsche Bank Americas Foundation has awarded 24 individual grants totaling $3,041,667. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alessandra Digiusto Executive Director & Treasurer | 20 | $0 | |
Gary Beyer Co-Chairman & Director | 1 | $0 | |
Roelfien Kuijpers Director | 1 | $0 | |
Lareena Hilton Co-Chairman | 1 | $0 | |
Jan Ford Director | 1 | $0 | |
Christiana Riley Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Deutsche Bank Wealth Management | 12/30/21 | $131,379 |
Madison Consulting | 12/30/21 | $93,330 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,512,311 |
| Interest on Savings | $1,128 |
| Dividends & Interest | $489,676 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$346,229 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $919,994 |
| Profit on Inventory Sales | $0 |
| Other Income | $190,834 |
| Total Revenue | $8,847,720 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $197,459 |
| Contributions, gifts, grants paid | $8,515,311 |
| Total expenses and disbursements | $8,712,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,680,443 |
| Savings and temporary cash investments | $3,886,948 |
| 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 | $9,711,392 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,439,015 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,922,107 |
| 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, Deutsche Bank Americas Foundation has awarded $3,041,667 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGE INC PURPOSE: GENERAL SUPPORT | $125,000 |
COMMUNILIFE PURPOSE: GENERAL SUPPORT | $125,000 |
CONCERN FOR INDEPENDENT LIVING PURPOSE: GENERAL SUPPORT | $125,000 |
CYPRESS HILLS LOCAL DEVELOPMENT CORP PURPOSE: GENERAL SUPPORT | $125,000 |
FIFTH AVENUE COMMITTEE PURPOSE: GENERAL SUPPORT | $125,000 |
ENTERPRISE COMMUNITY PARTNERS PURPOSE: GENERAL SUPPORT | $150,000 |