Design Foundation Inc

Organization Overview

Design Foundation Inc is located in Herndon, VA. The organization was established in 2001. 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. Design 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, Design Foundation Inc generated $16.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $47.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE SCHOLARSHIP AND EDUCATION TO THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE DESIGN FOUNDATION PROVIDES TUITION ASSISTANCE FOR ONE GRADUATE AND ONE UNDERGRADUATE COLLEGIATE STUDENT STUDYING INDUSTRIAL DESIGN EACH YEAR. FOR 2023, EACH SCHOLARSHIP WAS $5,000.


EVENT ACCESS - AS PART OF OUR DIVERSITY, EQUITY, AND INCLUSION INITIATIVES, OUR DEI EVENT ACCESS PROGRAM OFFERS INDIVIDUALS WHO ARE UNDERREPRESENTED IN INDUSTRIAL DESIGN-PRIMARILY BIPOC (BLACK, INDIGENOUS, PEOPLE OF COLOR), FEMALE-IDENTIFIED AND NON-BINARY STUDENTS-COMPLIMENTARY ACCESS TO NATIONAL INDUSTRIAL DESIGNERS SOCIETY OF AMERICA EVENTS. IN 2023, 17 INDIVIDUALS RECEIVED COMPLIMENTARY REGISTRATION TO ATTEND VARIOUS IDSA EVENTS, VALUED AT $3803.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Clay Von Lowe
President
$0
Maureen Carroll
Vice President
$0
Qin Li
Secretary/treasurer
$0
Verena Paepcke-Hjeltness
Trustee
$0
Michelle Berryman
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,053
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,053
Total Program Service Revenue$0
Investment income $11,861
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,911
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,003

Peer Organizations

Organization NameAssets
Golf Club Of Tennessee
Kingston Springs, TN
$9,371,348
National Association Of Student Financial Aid Administrators
Washington, DC
$11,681,568
Bill And Carol Latimer Charitable Foundation
Union City, TN
$28,531,702
Digital Harbor Foundation Inc
Baltimore, MD
$17,938,048
Henrico Education Foundation Incorporated
Henrico, VA
$10,032,205
Laura Holland Uzzell Foundation
Morrisville, NC
$8,442,552
Cobell Board Of Trustees
Washington, DC
$2,071,809
Student Freedom Initiative Inc
Washington, DC
$19,723,286
The Hartwell Foundation Corporation
Memphis, TN
$5,256,698
Catholic Education Foundation Inc
Louisville, KY
$8,348,400
Kentucky Fried Chicken Foundation Inc
Louisville, KY
$6,895,190
Meor Inc
Silver Spring, MD
$6,500,802
Ahla Foundation Inc
Washington, DC
$5,438,384
American Redistricting Project
Alexandria, VA
$3,133,760
Pitt Community College Foundation Inc
Greenville, NC
$1,913,782
Girltrek Incorporated
Washington, DC
$4,401,521
Memphis Teacher Residency Inc
Memphis, TN
$6,665,811
Access College Foundation
Norfolk, VA
$8,084,908
American Friends Of Yeshivas Gedolah Matisyahu Inc
Baltimore, MD
$5,056,005
Chi Omega Foundation
Memphis, TN
$12,639,643
Maryland Philanthropy Network Inc
Baltimore, MD
$4,830,304
Operation Opportunity Foundation
Washington, DC
$6,741,323
Military Officers Association Of America Scholarship Fund
Alexandria, VA
$7,290,403
Scottish Rite Foundation Southern Jurisdiction Usa Inc
Washington, DC
$2,986,478
Ron Brown Scholar Fund
Charlottesville, VA
$3,637,027

Create an account to unlock the data you need.

or