The Dorney-Koppel Foundation Inc
- Assets
- $15.6m
- Revenue
- $234.8k
- Investments
- $12.6m
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 05/2000
- Data as of
- 12/2022
- EIN
- 52-2214925
Organization Overview
The Dorney-Koppel Foundation Inc is located in Potomac, MD. The organization was established in 2000. 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. Dorney-Koppel 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 12/2022, Dorney-Koppel Foundation Inc generated $234.8k 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 (64.5%) each year. All expenses for the organization totaled $708.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dorney-Koppel Foundation Inc has awarded 89 individual grants totaling $1,148,949. 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 |
|---|---|---|---|
Edward J Koppel Director - V/p | 2.5 | $0 | |
Grace Anne Dorney Koppel Director - President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $750 |
| Interest on Savings | $0 |
| Dividends & Interest | $228,197 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,810 |
| Capital Gain Net Income | $5,810 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $234,757 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,150 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $460 |
| Printing and publications | $0 |
| Other expenses | $3,172 |
| Total operating and administrative expenses | $20,847 |
| Contributions, gifts, grants paid | $687,964 |
| Total expenses and disbursements | $708,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,878 |
| Savings and temporary cash investments | $210,501 |
| 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 | $1,117,966 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,712,727 |
| Total assets | $15,556,547 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,668 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8,000 |
| Total liabilities | $13,668 |
Grants Awarded
Over the last fiscal year, The Dorney-Koppel Foundation Inc has awarded $687,964 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN THORACIC SOCIETY INC PURPOSE: TO FUND MOSCOVICI DATABASE | $44,209 |
AMERICAN THORACIC SOCIETY INC PURPOSE: GENERAL FUND | $1,000 |
BISHOP LOUGHLIN MEMORIAL HIGH SCHOOL PURPOSE: GENERAL FUND | $500 |
BLADDER CANCER ADVOCACY NETWORK INC PURPOSE: GENERAL FUND | $10,000 |
BREAD FOR THE CITY INC PURPOSE: FOOD SUPPORT | $1,000 |
CARMEL BAPTIST CHURCH PURPOSE: POLAND MISSION TRIPS | $2,500 |