William C Dowling Jr Foundation
- Assets
- $20.0m
- Revenue
- $849.4k
- Investments
- $18.7m
- Employees
- 0
- Location
- Westbury, NY
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 47-0933520
Organization Overview
William C Dowling Jr Foundation is located in Westbury, NY. The organization was established in 2009. 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. William C Dowling Jr 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, William C Dowling Jr Foundation generated $849.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, William C Dowling Jr Foundation has awarded 189 individual grants totaling $1,554,965. 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 |
|---|---|---|---|
John T Evans President | 30 | $155,000 | |
Marie Evans Vice President | 30 | $135,000 | |
Stephen S Kurcias CFO | 30 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $613,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $233,818 |
| Capital Gain Net Income | $237,156 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,195 |
| Total Revenue | $849,372 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $350,000 |
| Other employee salaries and wages | $60,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,697 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $12,178 |
| Printing and publications | $0 |
| Other expenses | $75,153 |
| Total operating and administrative expenses | $717,515 |
| Contributions, gifts, grants paid | $617,075 |
| Total expenses and disbursements | $1,334,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,298,195 |
| 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 | $8,712 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,366,579 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,017,797 |
| 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, William C Dowling Jr Foundation has awarded $617,075 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
EAST END HOSPICE PURPOSE: FOR END OF LIFE CARE | $11,000 |
WHITNEY MUSEUM OF ART PURPOSE: TO PROMOTE ART | $3,700 |
METROPOLITAN MUSEUM OF ART PURPOSE: TO PROMOTE ART | $3,500 |
OUR LADY OF THE ISLE CHURCH PURPOSE: TO FOSTER RELIGIOUS FAITH AND SERVE THE COMMUNITY | $10,500 |
MEMORIAL SLOAN KETTERING PURPOSE: TO PROVIDE MEDICAL CARE | $10,000 |
THE MANHATTAN INSTITUTE PURPOSE: TO FOSTER ECONOMIC CHOICE | $5,000 |