Opal Dancey Memorial Foundation
- Assets
- $0.0
- Revenue
- $1.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 09/2001
- Data as of
- 04/2023
- EIN
- 38-6361282
Organization Overview
Opal Dancey Memorial Foundation is located in Southfield, MI. The organization was established in 2001. 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. Opal Dancey Memorial 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 04/2023, Opal Dancey Memorial Foundation generated $1.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (41.4%) each year. All expenses for the organization totaled $159.9k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Opal Dancey Memorial Foundation has awarded 123 individual grants totaling $2,684,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Dudas Director | 0.25 | $0 | |
Kathleen M Godard Director | 0.25 | $0 | |
Betty Dancey Godard Chairman Of The Board | 0.25 | $0 | |
Rev Jeffrey P Rider Secretary & Director | 0.25 | $0 | |
David Dudas President & Director | 0.25 | $0 | |
Sandra K Vanover Treasurer & Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,444 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,865 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,978 |
| Contributions, gifts, grants paid | $138,946 |
| Total expenses and disbursements | $159,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Opal Dancey Memorial Foundation has awarded $2,065,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ADRIAN COLLEGE PURPOSE: SHOOTING & ARCHERY PROGRAM | $50,000 |
ALICE LLOYD COLLEGE PURPOSE: THE CANNEY COTTAGE SCHOLARSHIP FUND OR WHEREVER NEEDED MOST | $336,000 |
GREEN'S FARMS CHURCH PURPOSE: CHURCH OF THE FUTURE CAMPAIGN | $50,000 |
HILLSDALE COLLEGE PURPOSE: SHOOTING SPORTS ENDOWMENT; RANSON & FREDRICK DOUGLASS SCHOLARSHIP FUND | $303,000 |
FOLDS OF HONOR PURPOSE: CHILDREN'S FUND & HIGHER EDUCATION SCHOLARSHIPS | $284,000 |
CHRIST CHURCH CRANBROOK PURPOSE: AFGHAN REFUGEE PROJECT & MUSIC MINISTRY | $40,000 |