Donors Capital Fund Inc
- Assets
- $9.1m
- Revenue
- $321.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 10/1999
- Data as of
- 12/2022
- EIN
- 54-1934032
Organization Overview
Donors Capital Fund Inc is located in Alexandria, VA. The organization was established in 1999. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donors Capital Fund 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 Capital Fund Inc generated $321.0k 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 (33.0%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Donors Capital Fund Inc has awarded 46 individual grants totaling $8,589,354. 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 A CLASS OF PUBLIC CHARITIES FIRMLY COMMITTED TO LIBERTY- SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR ADVISED FUND PROGRAM: DONORS CAPITAL FUND SUPPORTS A CLASS OF PUBLIC CHARITIES FIRMLY COMMITTED TO LIBERTY. THESE CHARITIES ALL HELP STRENGTHEN AMERICAN CIVIL SOCIETY BY PROMOTING PRIVATE INITIATIVES RATHER THAN GOVERNMENT PROGRAMS AS THE SOLUTION TO THE MOST PRESSING ISSUES OF THE DAY IN THE AREAS OF SOCIAL WELFARE, HEALTH, THE ENVIRONMENT, ECONOMICS, GOVERNANCE, FOREIGN RELATIONS, AND ARTS AND CULTURE. SUPPORTED CHARITIES WILL ALSO ENCOURAGE PRIVATE PHILANTHROPY AND INDIVIDUAL GIVING AS OPPOSED TO GOVERNMENTAL SOLUTIONS TO SOCIETY'S PROBLEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawson R Bader Chairman And President | OfficerTrustee | 3 | $0 |
Jeffrey C Zysik Chief Financial Officer And Treasurer | OfficerTrustee | 3 | $0 |
Elise Westhoff Vice Chairman | Trustee | 1.5 | $0 |
Kimberly O Dennis Director | Trustee | 0.5 | $0 |
Tracie Sharp Director | Trustee | 1 | $0 |
Brad Lips Director | Trustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $269,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $51,576 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $320,995 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,012,054 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,778 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $12,132 |
| All other expenses | $0 |
| Total functional expenses | $2,042,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,461,325 |
| 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 | $0 |
| Investments—publicly traded securities | $3,658,646 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,119,971 |
| Accounts payable and accrued expenses | $10,693 |
| 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 | $0 |
| Total liabilities | $10,693 |
| Net assets without donor restrictions | $9,109,278 |
| 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 | $9,119,971 |
Grants Awarded
Over the last fiscal year, Donors Capital Fund Inc has awarded $2,004,454 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CATO INSTITUTE PURPOSE: R. Evan Scharf Chair for the Public Understanding of Economics | $225,000 |
DONORSTRUST PURPOSE: for a donor-advised fund. | $1,318,167 |
VANGUARD CHARITABLE ENDOWMENT PROGRAM PURPOSE: for general operations | $361,287 |
MIKEROWEWORKS FOUNDATION PURPOSE: for general operations | $100,000 |