The Dresher Foundation Inc
- Assets
- $48.4m
- Revenue
- $1.7m
- Investments
- $47.2m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 02/1989
- Data as of
- 12/2023
- EIN
- 52-1610465
Organization Overview
The Dresher Foundation Inc is located in Baltimore, MD. The organization was established in 1989. 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. Dresher Foundation 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 12/2023, Dresher Foundation Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dresher Foundation Inc has awarded 820 individual grants totaling $23,417,537. 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 |
|---|---|---|---|
Jeanne D Butcher Trustee | 1 | $6,375 | |
James Dresher Trustee | 1 | $0 | |
Patricia Dresher Vice President | 1 | $0 | |
Jeffrey Dresher Trustee | 1 | $0 | |
James R Butcher Trustee | 1 | $3,625 | |
Michael Meoli Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Harold Nussenfeld | 12/30/16 | $57,000 |
Goldman Sachs | 12/30/16 | $173,457 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,061,594 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $164,428 |
| Capital Gain Net Income | $164,428 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $453,859 |
| Total Revenue | $1,679,881 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $161,367 |
| Other employee salaries and wages | $27,001 |
| Pension plans, employee benefits | $18,021 |
| Interest | $0 |
| Taxes | $127,104 |
| Depreciation | $0 |
| Occupancy | $16,260 |
| Travel, conferences, and meetings | $3,242 |
| Printing and publications | $0 |
| Other expenses | $39,161 |
| Total operating and administrative expenses | $603,701 |
| Contributions, gifts, grants paid | $2,749,498 |
| Total expenses and disbursements | $3,353,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,435 |
| Savings and temporary cash investments | $792,882 |
| Net Accounts receivable | $295,066 |
| 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 | $35,212 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,946,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $48,384,999 |
| 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, The Dresher Foundation Inc has awarded $2,749,498 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
755 ALLIANCE INC PURPOSE: SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR | $3,000 |
ADDICTION CONNECTIONS RESOURCE INC PURPOSE: SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR | $102,000 |
ARC OF THE NORTHERN CHESAPEAKE REGION PURPOSE: SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR | $2,000 |
ARROW CHILD & FAMILY MINISTRIES OF MARYLAND PURPOSE: SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR | $31,000 |
APBD RESEARCH FOUNDATION PURPOSE: SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR | $2,000 |
BALTIMORE AREA COUNCIL BOY SCOUTS OF AMERICA PURPOSE: SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR | $5,000 |