Foundation For Children With Intellectual & Developmental Disab
- Assets
- $25.3m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Catonsville, MD
- Founding
- 06/1968
- Data as of
- 09/2023
- EIN
- 54-6046721
Organization Overview
Foundation For Children With Intellectual & Developmental Disab is located in Catonsville, MD. The organization was established in 1968. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, 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. Foundation For Children With Intellectual & Developmental Disab 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 09/2023, Foundation For Children With Intellectual & Developmental Disab generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $1.2m during the year ending 09/2023. While expenses have increased by 9.9% 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, Foundation For Children With Intellectual & Developmental Disab has awarded 93 individual grants totaling $4,541,137. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GENERAL WELFARE OF INTELLECTUALLY AND DEVELOPMENTALLY DISABLED INDIVIDUALS THROUGH EDUCATION AND RESEARCH, AND TO ALERT THE PUBLIC TO THE URGENT NEEDS FOR SPECIAL FACILITIES AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RESOURCES TO CIVITAN INTERNATIONAL TO FURTHER RESEARCH AT THE CIVITAN INTERNATIONAL RESEARCH CENTER FOR PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
PROVIDED GRANTS TO OTHER ORGANIZATIONS WHO PROVIDE SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
THE FOUNDATION GRANTS SCHOLARSHIPS TO INDIVIDUALS SELECTED BY THE SCHOLARSHIP COMMITTEE. THESE SCHOLARSHIPS CAN BE GIVEN TO INDIVIDUALS WITH AN INTELLECTUAL OR DEVELOPMENTAL DISABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Garrett Executive Di | OfficerTrustee | 25 | $0 |
Joseph O'toole Executive Of | OfficerTrustee | 2 | $0 |
Sylvester Bieler President | OfficerTrustee | 2 | $0 |
Mirza Donegan 1st Vice Pre | OfficerTrustee | 2 | $0 |
Randy Camden 2nd Vice Pre | OfficerTrustee | 2 | $0 |
Lynn Leitch Imm. Past Pr | OfficerTrustee | 2 | $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 | $80,617 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,617 |
| Total Program Service Revenue | $0 |
| Investment income | $317,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,173,874 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,571,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $907,412 |
| Grants and other assistance to domestic individuals. | $16,475 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,692 |
| Compensation of current officers, directors, key employees. | $27,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,006 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,673 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $553 |
| Fees for services: Accounting | $47,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $177,535 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,093 |
| Information technology | $880 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,042 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,462 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,970 |
| All other expenses | $0 |
| Total functional expenses | $1,240,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $536,195 |
| 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 | $24,740,443 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $25,276,638 |
| Accounts payable and accrued expenses | $462 |
| Grants payable | $11,334 |
| 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 | $11,796 |
| Net assets without donor restrictions | $23,720,232 |
| Net assets with donor restrictions | $1,544,610 |
| 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 | $25,276,638 |
Grants Awarded
Over the last fiscal year, Foundation For Children With Intellectual & Developmental Disab has awarded $891,337 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BERKSHIRE COUNTY ARC PURPOSE: TO PURCHASE VAN | $30,900 |
CIVITAN INTERNATIONAL RESEARCH CENT PURPOSE: TO SUPPORT RESEARCH | $102,365 |
LANGTON GREEN PURPOSE: TO BUY FURNITURE | $16,000 |
PARENT EDUCATIONAL ADVOCACYTRAINING CENTER PURPOSE: EDUCATIONAL SUMMIT | $37,200 |
CIVITAN INTERNATIONAL PURPOSE: TO SUPPORT RESEARCH | $471,821 |
THE ARC OF THE PIEDMONT PURPOSE: BUILDING IMPROVEMENT | $30,038 |