Ddora Foundation
- Assets
- $704.2k
- Revenue
- $48.8k
- Investments
- $673.3k
- Employees
- 0
- Location
- Newport, RI
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 42-1753807
Organization Overview
Ddora Foundation is located in Newport, RI. The organization was established in 2008. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ddora 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 12/2021, Ddora Foundation generated $48.8k 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 (28.6%) each year. All expenses for the organization totaled $94.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ddora Foundation has awarded 29 individual grants totaling $664,154. 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 |
|---|---|---|---|
Robert Dannin Director, Treasurer & Secretary | 2 | $0 | |
Jolie Stahl Director & President | 2 | $0 | |
Miguel Gomez-Ibanez Director & Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,949 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,885 |
| Capital Gain Net Income | $34,885 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,834 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $93 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,968 |
| Total operating and administrative expenses | $9,000 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $94,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,901 |
| 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 | $704,175 |
| 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, Ddora Foundation has awarded $85,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: TO FUND TO FUND FIVE STUDENT SCHOLARSHIPS IN 2020/21. | $25,000 |
FABRIC OF LIFE INC PURPOSE: TO FUND VAV IMMERSION WEAVING PROGRAM. | $20,000 |
Rochester, NY PURPOSE: TO SUPPORT THE 3D PRINTING PROGRAM. | $20,000 |
OLD STURBRIDGE VILLAGE PURPOSE: TO CORRECT CLOTHING AND TEXTILES AND REPLICATING ONE OF THE HISTORICAL GARMENTS HELD IN OSV COLLECTIONS. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Bafta Us Inc Newton, MA | $772,944 | $2,742,181 |
Care 2 Communities Inc Boston, MA | $573,916 | $1,121,601 |
Alden Charitable Foundation Inc Guilford, CT | $1,432,875 | $1,622,574 |
Connecticut Education Association Danbury, CT | $521,509 | $877,281 |
Edwin Ginn Tr Art Xv Newbury Samuel P Etal Ttees Boston, MA | $7,811,701 | $1,130,793 |
Brookfield Arts Foundation Boston, MA | $290,733,793 | $3,562,084 |
The Cloud Artscience Foundation Cambridge, MA | $4,068,976 | $317,017 |
Ellen R Cohen Charitable Tr Newton, MA | $3,348,367 | $165,101 |
White Family Foundation Weston, MA | $6,436,374 | $352,170 |
Frank C & Christel W Nichols Ch Fd Boston, MA | $4,895,317 | $102,004 |
Albert N Parlin Tr U Art 3 Timothy F Fidgeon Etal Tr Boston, MA | $3,706,567 | $588,123 |
Lachaise Foundation Boston, MA | $3,943,991 | $202,990 |