Dorothy U Dalton Foundation Inc
- Assets
- $28.1m
- Revenue
- $801.6k
- Investments
- $26.4m
- Employees
- 0
- Location
- Kalamazoo, MI
- Founding
- 03/1979
- Data as of
- 12/2022
- EIN
- 38-2240062
Organization Overview
Dorothy U Dalton Foundation Inc is located in Kalamazoo, MI. The organization was established in 1979. 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. Dorothy U Dalton 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 12/2022, Dorothy U Dalton Foundation Inc generated $801.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dorothy U Dalton Foundation Inc has awarded 968 individual grants totaling $23,311,320. 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 |
|---|---|---|---|
Judy K Jolliffe President & Director | 1 | $0 | |
Beverly J Whaley Secretary, Treasurer & Dir | 4 | $0 | |
Jay Garside Director | 1 | $0 | |
Sarah A Johansson Director | 1 | $0 | |
Rachel Worgess Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23,309 |
| Dividends & Interest | $734,501 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,597 |
| Capital Gain Net Income | $43,597 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $181 |
| Total Revenue | $801,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,330 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64 |
| Total operating and administrative expenses | $231,926 |
| Contributions, gifts, grants paid | $1,891,300 |
| Total expenses and disbursements | $2,123,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,102 |
| Savings and temporary cash investments | $1,411,190 |
| Net Accounts receivable | $218,075 |
| 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 | $17,000,849 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $28,051,558 |
| 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, Dorothy U Dalton Foundation Inc has awarded $1,891,300 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
AACORN FARM INC PURPOSE: OPERATIONS IMPROVEMENT | $10,000 |
AMERICAN RED CROSS PURPOSE: BLOOD SAVES LIVES | $5,000 |
ARTS COUNCIL OF GREATER KALAMAZOO PURPOSE: GENERAL SUPPORT | $12,000 |
BACH FESTIVAL SOCIETY OF KALAMAZOO PURPOSE: 2021-2022 PROGRAM SUPPORT | $4,000 |
BALLET ARTS ENSEMBLE INC PURPOSE: THE 12 DANCING PRINCESSES | $4,000 |
BIG BROTHERS BIG SISTERS PURPOSE: ONE-TO-ONE MENTORING | $15,000 |