Duncan Genesis Foundation
- Assets
- $2.0m
- Revenue
- $153.0k
- Investments
- $1.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-5550700
Organization Overview
Duncan Genesis Foundation is located in Houston, TX. The organization was established in 2016. 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. Duncan Genesis 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, Duncan Genesis Foundation generated $153.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.5%) each year. All expenses for the organization totaled $170.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Duncan Genesis Foundation has awarded 127 individual grants totaling $973,635. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeaneane Duncan Marsh President | 1 | $0 | |
John H Duncan Jr Vice President And Treasurer | 1 | $0 | |
Kate Duncan Oshins Director And Secretary | 1 | $0 | |
Emily C Duncan Director | 1 | $0 | |
Duncan W Marsh Director | 1 | $0 | |
Lillian Duncan Raus Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,833 |
| Dividends & Interest | $61,509 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $87,611 |
| Capital Gain Net Income | $87,611 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $152,953 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,704 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $110 |
| Total operating and administrative expenses | $22,080 |
| Contributions, gifts, grants paid | $148,535 |
| Total expenses and disbursements | $170,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,621 |
| Savings and temporary cash investments | $148,850 |
| 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 | $1,805,612 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,883 |
| Total assets | $1,969,966 |
| 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, Duncan Genesis Foundation has awarded $148,535 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
HUNT VOLUNTEER FIRE DEPARTMENT PURPOSE: SUPPORT FOR VOLUNTEER FIRE DEPARTMENT OPERATIONS | $1,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: SUPPORT FOR CYSTIC FIBROSIS TREATMENT RESEARCH | $4,350 |
HOLLY HALL RETIREMENT COMMUNITY PURPOSE: SUPPORT FOR LOW-INCOME RETIREMENT HOME RESIDENTS | $1,000 |
LONE STAR FLIGHT MUSEUM PURPOSE: SUPPORT FOR FLIGHT SIMULATORS AT STEM LEARNING CENTER | $10,000 |
MOUNT HOLYOKE COLLEGE PURPOSE: SUPPORT FOR UNIVERSTIY PROGRAMS | $2,000 |
RICE UNIVERSITY SHEPHERD SCHOOL OF MUSIC PURPOSE: CAPITAL CAMPAIGN FOR PERFORMING ARTS CENTER | $10,000 |