Doran Foundation Inc
- Assets
- $3.9m
- Revenue
- $178.0k
- Investments
- $3.6m
- Employees
- 0
- Location
- Murray, KY
- Founding
- 01/2006
- Data as of
- 12/2023
- EIN
- 20-3474077
Organization Overview
Doran Foundation Inc is located in Murray, KY. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Doran 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 12/2023, Doran Foundation Inc generated $178.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $233.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Doran Foundation Inc has awarded 119 individual grants totaling $1,402,892. 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 |
|---|---|---|---|
Harold G Doran Jr President/director | 30 | $0 | |
Kelly W Doran Office Manager | 20 | $35,000 | |
H Frank Doran Treasurer/director | 20 | $0 | |
Sarah D Murray Secretary/ Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $58,483 |
| Dividends & Interest | $30,046 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$110,501 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $178,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,838 |
| Interest | $0 |
| Taxes | $3,901 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,926 |
| Total operating and administrative expenses | $91,565 |
| Contributions, gifts, grants paid | $141,545 |
| Total expenses and disbursements | $233,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,945 |
| Savings and temporary cash investments | $5,446 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,868,065 |
| 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, Doran Foundation Inc has awarded $141,545 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOCA GRANDE HEALTH CLINIC FOUNDATION PURPOSE: GENERAL PURPOSES | $1,200 |
DIABETES RESEARCH INSTITUTE FOUNDATION PURPOSE: GENERAL PURPOSES | $50,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL PURPOSES | $6,000 |
RENAISSANCE CHARITABLE FOUNDATION INC PURPOSE: GENERAL PURPOSES | $75,000 |
LINCOLN HERITAGE SCOUT COUNCIL PURPOSE: MURRAY AREA FRIENDS OF SCOUTING | $2,000 |
HUMANE SOCIETY OF CALLOWAY COUNTY PURPOSE: GENERAL PURPOSES | $200 |