Duggan Foundation
- Assets
- $172.3k
- Revenue
- $5.0k
- Investments
- $161.0k
- Employees
- 0
- Location
- Edina, MN
- Founding
- 03/1995
- Data as of
- 12/2023
- EIN
- 41-1797794
Organization Overview
Duggan Foundation is located in Edina, MN. The organization was established in 1995. 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. Duggan 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, Duggan Foundation generated $5.0k 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 (12.6%) each year. All expenses for the organization totaled $32.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Duggan Foundation has awarded 90 individual grants totaling $129,285. 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 |
|---|---|---|---|
Sean E Duggan President | 1 | $0 | |
Patricia D Engel Vice President | 1 | $0 | |
William F Duggan II Sec/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,549 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $484 |
| Capital Gain Net Income | $484 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,033 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $227 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,847 |
| Total operating and administrative expenses | $6,474 |
| Contributions, gifts, grants paid | $25,565 |
| Total expenses and disbursements | $32,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,296 |
| 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 | $172,345 |
| 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, Duggan Foundation has awarded $25,565 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: CHARITABLE | $3,250 |
AMERICAN LEGION CHARITIES PURPOSE: CHARITABLE | $10,229 |
BELIEVET PURPOSE: CHARITABLE | $1,050 |
CHURCH OF ST PATRICK PURPOSE: CHARITABLE - RELIGIOUS | $3,000 |
LITTLE HOSPICE PURPOSE: CHARITABLE | $1,500 |
SECOND HARVEST HEARTLAND PURPOSE: CHARITABLE | $1,436 |