Dlsc Family Foundation
- Assets
- $1.1m
- Revenue
- $17.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-4080715
Organization Overview
Dlsc Family Foundation is located in Seattle, WA. The organization was established in 2012. 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. Dlsc Family 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 12/2022, Dlsc Family Foundation generated $17.2k 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 (39.2%) each year. All expenses for the organization totaled $178.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Ivanoff President | 0 | $0 | |
Laurie A Ivanoff Vice President | 0 | $0 | |
Vince Ivanoff Secretary | 0 | $0 | |
Greg Kletzly Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,480 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,576 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,903 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,060 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,062 |
| Total operating and administrative expenses | $28,522 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $178,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $724 |
| 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 | $1,068,959 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,069,683 |
| 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, Dlsc Family Foundation has awarded $2,650,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF COLORADO FOUNDATION PURPOSE: UNIVERSITY OF COLORADO ATHLETIC DEPARTMENT SUSTAINABLE EXCELLENCE INITIATIVE-FUNDS SHALL BE UTILIIZED IN ACCORDANCE WITH THE PROVISIONS OUTLINED IN SECTION 4-B OF THE PLEDGE AGREEMENT BETWEEN THE DLSC FAMILY FOUNDATION AND THE CU FOUNDATION, SIGNED AND DATED NOVEMBER 19, 2014. | $2,000,000 |
UNIVERSITY OF COLORADO FOUNDATION PURPOSE: SUSTAINABLE EXCELLENCE INITIATIVE FUND: TO PROVIDE SUPPORT FOR THE CONSTRUCTION AND RENOVATION OF ATHLETIC FACILITIES AT UCB INCLUDING FURNITURE, FIXTURES AND EQUIPMENT. PROJECTS INCLUDE BUT ARE NOT LIMITED TO THE BUBBLE, FOLSOM FIELD, DAL WARD, CCEC, PRENTUP, POTTS AND CARISON GYM. | $500,000 |
UCSF FOUNDATION PURPOSE: IVANOFF-CARROLL TUMOR-IMMUNE SYSTEM INTERACTIONS FUND | $150,000 |