Harry F Duncan Foundation Inc
- Assets
- $3.7m
- Revenue
- $449.2k
- Investments
- $3.6m
- Employees
- 0
- Location
- Towson, MD
- Founding
- 07/1957
- Data as of
- 12/2023
- EIN
- 52-6054187
Organization Overview
Harry F Duncan Foundation Inc is located in Towson, MD. The organization was established in 1957. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harry F Duncan 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, Harry F Duncan Foundation Inc generated $449.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $542.5k during the year ending 12/2023. While expenses have increased by 12.7% 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, Harry F Duncan Foundation Inc has awarded 158 individual grants totaling $1,366,138. 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 |
|---|---|---|---|
Anneliese H Duncan Pres./treas. | 0.5 | $0 | |
Louis F Friedman Vice Pres. | 1.5 | $0 | |
Phyllis C Friedman Secretary | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,558 |
| Dividends & Interest | $87,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $355,025 |
| Capital Gain Net Income | $355,025 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $449,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,544 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $240 |
| Total operating and administrative expenses | $54,548 |
| Contributions, gifts, grants paid | $488,000 |
| Total expenses and disbursements | $542,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,181 |
| 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 | $0 |
| Total assets | $3,661,422 |
| 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, Harry F Duncan Foundation Inc has awarded $488,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICARES PURPOSE: TURKEY/SYRIA EARTHQUAKE RELIEF | $20,000 |
ANDREW COUNTY MUSEUM PURPOSE: GALLERY ADDITION | $64,000 |
ANDREW COUNTY MUSEUM PURPOSE: OPERATIONS | $20,000 |
ANDREW COUNTY FOUNDATION PURPOSE: SAVANNAH AQUATIC CENTER | $10,000 |
CHAPMAN PARTNERSHIP PURPOSE: OPERATIONS | $10,000 |
SAVANNAH BRANCH OF THE NCMC PURPOSE: CONSTRUCTION & SCHOLARSHIPS | $250,000 |