Bruce And Deborah Duncan Foundation
- Assets
- $22.2m
- Revenue
- $1.7m
- Investments
- $15.9m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 20-3871657
Organization Overview
Bruce And Deborah Duncan Foundation is located in Naples, FL. 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. Bruce And Deborah Duncan 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, Bruce And Deborah Duncan Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 13.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Bruce And Deborah Duncan Foundation has awarded 203 individual grants totaling $5,564,500. 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.
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 |
|---|---|---|---|
Bruce W Duncan President | 1 | $0 | |
Deborah E Duncan Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $973,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $293,745 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $417,553 |
| Capital Gain Net Income | $417,553 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,684,298 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $88 |
| Taxes | $1,256 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $616 |
| Total operating and administrative expenses | $2,246 |
| Contributions, gifts, grants paid | $1,340,000 |
| Total expenses and disbursements | $1,342,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,268,678 |
| 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 | $1,573,916 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,154,078 |
| 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, Bruce And Deborah Duncan Foundation has awarded $1,340,000 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Gambier, OH PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $540,000 |
Fort Myers, FL PURPOSE: SUPPORT THE FIGHT TO END HUNGER | $50,000 |
AMERICAN RED CROSS PURPOSE: PREVENTS AND ALLEVIATES HUMAN SUFFERING IN THE FACE OF EMERGENCIES BY MOBILIZING THE POWER OF VOLUNTEERS AND THE GENEROSITY OF DONORS. | $50,000 |
Naples, FL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 |
NCH CENTER FOR PHILANTHROPY PURPOSE: TO PARTNER WITH THE COMMUNITY TO ENSURE OUR HEALTHCARE SYSTEM PROVIDES HIGH QUALITY AND COMPREHENSIVE CARE TO EVERYONE IN NEED | $50,000 |
COMMUNITY FOUNDATION OF COLLIER COUNTY PURPOSE: COLLIER COMES TOGETHER HURRICANE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |
Audrey And Martin Gruss Foundation West Palm Beach, FL | $0 | $7,573,459 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
St2 Foundation Inc Sunny Isles Beach, FL | $11,092,190 | $2,139,284 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |