Dimick Foundation
- Assets
- $7.8m
- Revenue
- $1.3m
- Investments
- $6.8m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/1958
- Data as of
- 12/2021
- EIN
- 52-6038149
Organization Overview
Dimick Foundation is located in Washington, DC. The organization was established in 1958. 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. Dimick 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 12/2021, Dimick Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $697.7k during the year ending 12/2021. While expenses have increased by 6.9% 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 2015, Dimick Foundation has awarded 709 individual grants totaling $2,377,500. 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 |
|---|---|---|---|
John Lynham Jr Trustee | 0.7 | $24,000 | |
Nancy Cree-Johnson Trustee | 2 | $24,000 | |
Michelle Levenson Trustee | 0.75 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $167,525 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,177,093 |
| Capital Gain Net Income | $1,177,093 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $830 |
| Total Revenue | $1,345,448 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,256 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $149 |
| Other expenses | $94,524 |
| Total operating and administrative expenses | $190,722 |
| Contributions, gifts, grants paid | $507,000 |
| Total expenses and disbursements | $697,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $797,999 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $155,474 |
| Total assets | $7,757,616 |
| 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 | $51,000 |
| Total liabilities | $51,000 |
Grants Awarded
Over the last fiscal year, Dimick Foundation has awarded $507,000 in support to 129 organizations.
| Grant Recipient | Amount |
|---|---|
ARENA STAGE PURPOSE: GENERAL OPERATING SUPPORT | $12,000 |
BRIGHT BEGINNINGS INC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
HUMANE RESCUE ALLIANCE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
YOUTH FOR TOMORROW PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
ROUND HOUSE THEATRE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
TREATMENT AND LEARNING CENTERS PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |
The Morningstar Philanthropic Foundation Bethesda, MD | $552,631,179 | $17,887,743 |
Danville Regional Foundation Danville, VA | $280,479,931 | $21,605,962 |
Freedom Forum Inc Laurel, MD | $0 | $16,145,029 |