Doctorbird Foundation
- Assets
- $27.2m
- Revenue
- $682.4k
- Investments
- $25.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2011
- Data as of
- 12/2023
- EIN
- 27-3900238
Organization Overview
Doctorbird Foundation is located in Wilmington, DE. The organization was established in 2011. 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. Doctorbird 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 12/2023, Doctorbird Foundation generated $682.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Doctorbird Foundation has awarded 95 individual grants totaling $6,238,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/23 | $81,004 |
Wilbanks Smith And Thomas Llc | 12/30/23 | $74,738 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $79,986 |
| Dividends & Interest | $999,879 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$397,474 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $682,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,321 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $81,029 |
| Total operating and administrative expenses | $170,088 |
| Contributions, gifts, grants paid | $1,540,000 |
| Total expenses and disbursements | $1,710,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,174,661 |
| Net Accounts receivable | $36,022 |
| 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 | $27,165,828 |
| 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, Doctorbird Foundation has awarded $1,540,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BELOIT COLLEGE PURPOSE: BELOIT CHANNEL INITIATIVE | $100,000 |
BELOIT COLLEGE PURPOSE: BELOIT CHANNEL INITIATIVE | $50,000 |
BREAD OF THE MIGHTY FOOD BANK INC PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
BUCKNELL UNIVERSITY PURPOSE: STUDENT MENTAL HEALTH SERVICES | $25,000 |
GAINESVILLE CHAMBER ORCHESTRA INC PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
HELPING HANDS CLINIC INC PURPOSE: GENERAL & UNRESTRICTED | $25,000 |