Donors Trust Inc
- Assets
- $1.4b
- Revenue
- $323.1m
- Investments
- $389.4m
- Employees
- 16
- Location
- Alexandria, VA
- Founding
- 09/1999
- Data as of
- 12/2022
- EIN
- 52-2166327
Organization Overview
Donors Trust Inc is located in Alexandria, VA. The organization was established in 1999. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Donors Trust Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donors Trust 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 12/2022, Donors Trust Inc generated $323.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $248.1m during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 5 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 2020, Donors Trust Inc has awarded 2,102 individual grants totaling $609,925,995. 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
SUPPORT CHARITIES & SPONSOR PROGRAMS THAT PROMOTE LIBERTY- SEE PART III
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAF PROGRAM: A DONOR ADVISED FUND (DAF) PROGRAM ALLOWING DAF CONTRIBUTORS TO ADVISE GRANTS THAT SUPPORT CHARITIES WHICH ALLEVIATE, THROUGH EDUCATION, RESEARCH AND PRIVATE INITIATIVES, SOCIETY'S MOST PERVASIVE AND RADICAL NEEDS, INCLUDING THOSE RELATING TO SOCIAL WELFARE, HEALTH, ENVIRONMENT, ECONOMICS, GOVERNANCE, FOREIGN RELATIONS AND ARTS AND CULTURE; AND WHICH ENCOURAGE PRIVATE PHILANTHROPY AND INDIVIDUAL GIVING AND RESPONSIBILITY AS AN ANSWER TO SOCIETY'S NEEDS, AS OPPOSED TO GOVERNMENTAL INVOLVEMENT.
FISCAL SPONSORSHIP PROGRAM: DONORS TRUST SERVES AS AN INCUBATOR FOR ORGANIZATIONS WITH MISSIONS THAT ALIGN WITH THAT OF DONORS TRUST AND THAT ARE IN THE PROCESS OF APPLYING FOR TAX-EXEMPT STATUS, THEREBY ALLOWING THESE START-UP ORGANIZATIONS A CHANCE TO BEGIN OPERATIONS WHILE WAITING FOR FORMAL RECOGNITION OF THEIR NON-PROFIT STATUS.
GRANTS TO FOREIGN NGOS: DONORS TRUST INITIATED A PROGRAM TO MAKE GRANTS TO FOREIGN NGOS FOR WHICH DONORS TRUST RECEIVES AN EQUIVALENCY DETERMINATION THAT FINDS HAD THE FOREIGN ORGANIZATION BEEN (1) A U.S. BASED ORGANIZATION AND (2) APPLIED FOR TAX-EXEMPT STATUS THE NGO WOULD HAVE RECEIVED RECOGNITION AS A 501(C)(3) PUBLICLY SUPPORTED CHARITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawson R Bader President And CEO | OfficerTrustee | 42 | $387,750 |
Kimberly O Dennis Chair | OfficerTrustee | 1 | $0 |
James Piereson Vice Chair | OfficerTrustee | 1 | $0 |
Thomas E Beach Director | Trustee | 1 | $0 |
George G H Coates Jr Director | Trustee | 1 | $0 |
Jeffrey C Zysik Cfo, COO And Treasurer | Officer | 42 | $295,150 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Health Policy Matters Llc Project Management | 12/30/22 | $208,333 |
Kglobal Public Relations Services | 12/30/22 | $113,671 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,318,167 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $301,939,047 |
| Noncash contributions included in lines 1a–1f | $60,575,751 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,257,214 |
| Total Program Service Revenue | $0 |
| Investment income | $27,628,268 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,840,452 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $323,050,038 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $241,763,099 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $467,513 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,190,749 |
| Compensation of current officers, directors, key employees. | $243,438 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,036,647 |
| Pension plan accruals and contributions | $117,138 |
| Other employee benefits | $111,733 |
| Payroll taxes | $124,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,084 |
| Fees for services: Accounting | $38,536 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,487,068 |
| Fees for services: Other | $384,595 |
| Advertising and promotion | $215,992 |
| Office expenses | $160,763 |
| Information technology | $191,588 |
| Royalties | $0 |
| Occupancy | $285,646 |
| Travel | $398,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,805 |
| Insurance | $21,988 |
| All other expenses | $0 |
| Total functional expenses | $248,109,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $234,362,155 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $178,933 |
| Investments—publicly traded securities | $761,572,146 |
| Investments—other securities | $389,350,516 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,008,010 |
| Total assets | $1,387,471,760 |
| Accounts payable and accrued expenses | $70,297 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,860,261 |
| Total liabilities | $1,930,558 |
| Net assets without donor restrictions | $1,385,541,202 |
| Net assets with donor restrictions | $0 |
| 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 | $1,387,471,760 |
Grants Awarded
Over the last fiscal year, Donors Trust Inc has awarded $241,308,023 in support to 700 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMIC FREEDOM ALLIANCE PURPOSE: for the Communications project | $100,000 |
ACANI INC PURPOSE: for general operations | $4,300,000 |
ACCURACY IN MEDIA PURPOSE: for general operations | $15,740 |
ACE SCHOLARSHIPS PURPOSE: for scholarships in Tarrant County Texas | $75,000 |
ACHIEVEMENT FIRST INC PURPOSE: in fulfillment of non-legally binding promise | $200,000 |
ACTON INSTITUTE PURPOSE: in support of the IEE-Brazil Sponsorship | $10,000 |