Dont Ever Give Up Inc
- Assets
- $15.8m
- Revenue
- $21.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 03/2016
- Data as of
- 09/2022
- EIN
- 47-5304184
Organization Overview
Dont Ever Give Up Inc is located in Cary, NC. The organization was established in 2016. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dont Ever Give Up Inc 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 09/2022, Dont Ever Give Up Inc generated $21.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $17.2m during the year ending 09/2022. While expenses have increased by 11.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dont Ever Give Up Inc has awarded 14 individual grants totaling $51,683,371. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DON'T EVER GIVE UP, INC. IS A 501(C)(3) CHARITABLE SUPPORTING ORGANIZATION FOR THE V FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL GRANT TO THE V FOUNDATION OF FUNDS GENERATED FROM EVENT-RELATED FUNDRAISING ACTIVITIES, AND GRANT AWARDED TO THE PEDIATRIC CANCER RESEARCH FOUNDATION ON THE ADVICE OF THE V FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constance E Skidmore Treasurer (thr: 11/21) | OfficerTrustee | 2 | $0 |
John Thiel Chairman | OfficerTrustee | 2 | $0 |
Scott Macdonald Treasurer (fr: 12/21) | OfficerTrustee | 2 | $0 |
Robert C Rauf Jr CLU CHFC Secretary | OfficerTrustee | 2 | $0 |
Shane Jacobson Executive Director | OfficerTrustee | 20 | $0 |
Devin Gilreath CFO | Officer | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Lux Productions Event Rentals For Wine Celebration | 9/29/22 | $357,944 |
Bright Events Event Rentals For Wine Celebration | 9/29/22 | $265,270 |
Mary Kenealy Events Dick Vitale Gala Management | 9/29/22 | $204,661 |
Intrepid Marketing Group Marketing Services | 9/29/22 | $201,321 |
Mccall Associates Events Management Catering | 9/29/22 | $183,636 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,156,712 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $688,583 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,156,712 |
| Total Program Service Revenue | $0 |
| Investment income | $111 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,809,395 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,347,428 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,061,553 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $482,613 |
| Compensation of current officers, directors, key employees. | $325,054 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,994,898 |
| Pension plan accruals and contributions | $82,386 |
| Other employee benefits | $403,307 |
| Payroll taxes | $168,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $297,519 |
| Advertising and promotion | $476,184 |
| Office expenses | $186,125 |
| Information technology | $161,118 |
| Royalties | $0 |
| Occupancy | $132,321 |
| Travel | $286,349 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,611 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,816 |
| Insurance | $15,718 |
| All other expenses | $0 |
| Total functional expenses | $17,240,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,824,591 |
| Savings and temporary cash investments | $6,718,792 |
| Pledges and grants receivable | $3,784,870 |
| Accounts receivable, net | $1,145,981 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $289,247 |
| Net Land, buildings, and equipment | $37,632 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,801,113 |
| Accounts payable and accrued expenses | $833,776 |
| Grants payable | $0 |
| Deferred revenue | $236,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,946 |
| Total liabilities | $1,080,722 |
| Net assets without donor restrictions | $7,269,846 |
| Net assets with donor restrictions | $7,450,545 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,801,113 |
Grants Awarded
Over the last fiscal year, Dont Ever Give Up Inc has awarded $12,061,553 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Cary, NC PURPOSE: TO PROMOTE CANCER RESEARCH AND RELATED PROGRAMS OF THE V FOUNDATION. | $12,000,000 |
Irvine, CA PURPOSE: GRANTED UNDER THE GUIDANCE OF THE V FOUNDATION IN SUPPORT OF THEIR MISSION. | $61,553 |
Grants Recieved
Over the last fiscal year, we have identified 25 grants that Dont Ever Give Up Inc has recieved totaling $968,163.
| Awarding Organization | Amount |
|---|---|
The Gores Foundation Boulder, CO PURPOSE: CANCER RESEARCH | $500,000 |
Summer Breeze Foundation Sarasota, FL PURPOSE: CHARITABLE CONTRIBUTION | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $95,100 |
United States Tennis Association Inc White Plains, NY PURPOSE: PROGRAM GRANT | $35,000 |
Major League Baseball Charities Inc New York, NY PURPOSE: GENERAL PURPOSE | $35,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dont Ever Give Up Inc Cary, NC | $15,801,113 | $21,347,428 |
Thompson Cancer Survival Foundation Knoxville, TN | $13,217,499 | $588,264 |
Sarnoff Cardiovascular Research Foundation Inc Mclean, VA | $51,786,432 | $3,393,739 |
Interfaith Dental Supporting Foundation Nashville, TN | $6,997,857 | $311,030 |
Apfed Atlanta, GA | $651,819 | $642,748 |
Annandale Foundation Inc Suwanee, GA | $13,384,641 | $128,582 |
Sherrys Hope Inc Lebanon, TN | $987,864 | $411,621 |
Arlington County Medical Society Foundation Arlington, VA | $82,058 | $0 |
Ifb Solutions Foundation Inc Winstonsalem, NC | $10,117,523 | $293,441 |
Bay Aging Foundation Urbanna, VA | $894,888 | -$104,040 |
Snis Foundation Fairfax, VA | $711,470 | $166,385 |
Heart And Sole Inc Augusta, GA | $115,857 | $0 |