Doane Family Foundaton
- Assets
- $880.6k
- Revenue
- $43.9k
- Investments
- $862.3k
- Employees
- 0
- Location
- Mayfield Heights, OH
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-8766506
Organization Overview
Doane Family Foundaton is located in Mayfield Heights, OH. The organization was established in 2007. 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. Doane Family Foundaton 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, Doane Family Foundaton generated $43.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $137.8k during the year ending 12/2022. While expenses have increased by 10.2% 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 2016, Doane Family Foundaton has awarded 53 individual grants totaling $472,700. 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 |
|---|---|---|---|
Stacy Doane President/director | 0 | $0 | |
Timothy Doane Treasurer/director | 0 | $0 | |
Shea Doane Vp/secretary/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,827 |
| Dividends & Interest | $12,540 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,557 |
| Capital Gain Net Income | $28,557 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,790 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,493 |
| Total operating and administrative expenses | $17,794 |
| Contributions, gifts, grants paid | $120,000 |
| Total expenses and disbursements | $137,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,263 |
| Savings and temporary cash investments | $0 |
| 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 | $880,606 |
| 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, Doane Family Foundaton has awarded $120,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE FLOATS FOUNDATION INC PURPOSE: CHILDREN IN NEED AT LIQUID LIFESTYLES SWIM SCHOOL | $25,000 |
CLUB CAR CHAMPIONSHIP AT THE LANDINGS CLUB PURPOSE: KORN FERRRY EVENT | $7,500 |
SAFE HARBOR ORGANIZATION OF GREENVILLE PURPOSE: GENERAL SUPPORT | $20,000 |
SIDEWALK HOPE PURPOSE: GENERAL SUPPORT | $5,000 |
SOLON COMMUNITY LIVING PURPOSE: GENERAL SUPPORT | $50,000 |
TOURNAMENTS FOR CHARITY PURPOSE: KORN FERRY TOUR SAVANNAH GOLF TOURNAMENT | $12,500 |