Dick And Jackie Deskovick Foundation Inc
- Assets
- $0.0
- Revenue
- $12.2k
- Investments
- $674.1k
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 12/2000
- Data as of
- 12/2020
- EIN
- 22-3762653
Organization Overview
Dick And Jackie Deskovick Foundation Inc is located in Morristown, NJ. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dick And Jackie Deskovick 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 12/2020, Dick And Jackie Deskovick Foundation Inc generated $12.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.8%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (38.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dick And Jackie Deskovick Foundation Inc has awarded 24 individual grants totaling $126,548. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert R Deskovick Trustee | 0 | $0 | |
Louise Deskovick Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wiley Malehorn Sirota & Raynes | 12/30/21 | $2,733 |
Giordano Cohen Fastiggi Luciano Sweeney | 12/30/21 | $1,800 |
Ron Ayers | 12/30/21 | $10,000 |
The Glenmede Trust | 12/30/21 | $6,195 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $15,991 |
| Profit on Inventory Sales | $0 |
| Other Income | $2 |
| Total Revenue | $12,200 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $10,684 |
| Contributions, gifts, grants paid | $62,748 |
| Total expenses and disbursements | $73,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,069 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Dick And Jackie Deskovick Foundation Inc has awarded $63,800 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF THE MORRISTOWN GREEN PURPOSE: GENERAL MAINTENANCE OF TOWN GREEN AND FOUNTAIN | $11,300 |
OPERATION SMILE PURPOSE: GENERAL OPERATIONS | $10,000 |
SALVATION ARMY PURPOSE: GENERAL OPERATIONS | $10,000 |
ST JUDES HOSPITAL PURPOSE: GENERAL OPERATIONS | $10,000 |
NEIGHBORHOOD HOUSE PURPOSE: GENERAL OPERATIONS | $10,000 |
Morris Plains, NJ PURPOSE: GENERAL OPERATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Brooklyn College Foundation Inc Brooklyn, NY | $101,301,645 | $6,939,639 |
The One Love Foundation In Honor Of Yeardley Love Inc Bronxville, NY | $10,162,225 | $8,418,764 |