Dacor Bacon House Foundation
- Assets
- $13.4m
- Revenue
- $1.2m
- Investments
- $193.2k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1965
- Data as of
- 12/2022
- EIN
- 52-6059096
Organization Overview
Dacor Bacon House Foundation is located in Washington, DC. The organization was established in 1965. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dacor Bacon House 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 12/2022, Dacor Bacon House Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONTRIBUTE TO THE DEVELOPMENT OF MUTUAL INTERNATIONAL UNDERSTANDING BETWEEN NATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED SPACE FOR EDUCATIONAL CONFERENCES AND SEMINARS, AND ADMINISTERED FELLOWSHIP PROGRAMS TO FURTHER ITS GOAL OF PROVIDING FOR BETTER MUTUAL UNDERSTANDING BETWEEN NATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bradshaw Executive Director | Officer | 16 | $3,025 |
James Dandridge II President | OfficerTrustee | 1 | $0 |
Angela Dickey Vice President | OfficerTrustee | 1 | $0 |
Richard Morford Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Warner Secretary | OfficerTrustee | 1 | $0 |
Alfreda Meyers Assistant Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $450,785 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $450,785 |
| Total Program Service Revenue | $141,717 |
| Investment income | $272,891 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $184,943 |
| Net Gain/Loss on Asset Sales | $186,234 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,238,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,000 |
| Grants and other assistance to domestic individuals. | $158,633 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,221 |
| Compensation of current officers, directors, key employees. | $4,897 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $295,747 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,608 |
| Payroll taxes | $27,750 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $571 |
| Fees for services: Accounting | $8,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,949 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,923 |
| Office expenses | $24,322 |
| Information technology | $11,587 |
| Royalties | $0 |
| Occupancy | $301,782 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $110,226 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,678 |
| Insurance | $22,328 |
| All other expenses | $0 |
| Total functional expenses | $1,239,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,597 |
| Savings and temporary cash investments | $0 |
| 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 | $1,082,736 |
| Investments—publicly traded securities | $11,837,054 |
| Investments—other securities | $193,191 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,363,578 |
| Accounts payable and accrued expenses | $23,207 |
| Grants payable | $19,375 |
| 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 | $68,912 |
| Total liabilities | $111,494 |
| Net assets without donor restrictions | $5,346,431 |
| Net assets with donor restrictions | $7,905,653 |
| 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 | $13,363,578 |
Grants Awarded
Over the last fiscal year, Dacor Bacon House Foundation has awarded $99,936 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FOREIGN SERVICE ASSOCIATION SCHOLARSHIP FUND PURPOSE: TO PROVIDE SCHOLARSHIP AWARDS | $42,000 |
DIPLOMATIC & CONSULAR OFFICERS RETIRED INC PURPOSE: CONTRIBUTION FOR PROMOTING EDUCATION | $57,936 |