Dume Wolverine Foundation is located in Woodland Hills, CA. The organization was established in 2014. 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. Dume Wolverine 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, Dume Wolverine Foundation generated $731.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dume Wolverine Foundation has awarded 298 individual grants totaling $7,225,848. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Barcus Kay President | 0 | $0 | |
Gregory Louis Kay Vice President | 0 | $0 | |
Brittany Paige Kay Director | 0 | $0 | |
Morgan Allison Kay Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $83,021 |
Dividends & Interest | $195,031 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $453,249 |
Capital Gain Net Income | $466,761 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $731,301 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,562 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $89,321 |
Total operating and administrative expenses | $103,953 |
Contributions, gifts, grants paid | $1,268,846 |
Total expenses and disbursements | $1,372,799 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,215,072 |
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 | $2,714,280 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $13,284,038 |
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 |
Over the last fiscal year, Dume Wolverine Foundation has awarded $1,268,846 in support to 22 organizations.
Grant Recipient | Amount |
---|---|
MADRE PURPOSE: CHARITABLE PURPOSES OF THE ORGANIZATION | $20,000 |
PLAN INTL USA PURPOSE: CHARITABLE PURPOSES OF THE ORGANIZATION | $1,296 |
BEREA COLLEGE PURPOSE: CHARITABLE PURPOSES OF THE ORGANIZATION | $45,000 |
ACLU FOUNDATION PURPOSE: CHARITABLE PURPOSES OF THE ORGANIZATION | $20,000 |
VALLEY PRESBYTERIAN HOSPITAL FOUNDATION PURPOSE: CHARITABLE PURPOSES OF THE ORGANIZATION | $75,000 |
FONKOZE USA PURPOSE: CHARITABLE PURPOSES OF THE ORGANIZATION | $10,000 |