The Dunn Foundation Inc
- Assets
- $2.1m
- Revenue
- $55.0k
- Investments
- $1.6m
- Employees
- 0
- Location
- Mineral Wells, WV
- Founding
- 04/2000
- Data as of
- 12/2023
- EIN
- 55-0768879
Organization Overview
The Dunn Foundation Inc is located in Mineral Wells, WV. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Dunn 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, Dunn Foundation Inc generated $55.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $85.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dunn Foundation Inc has awarded 38 individual grants totaling $291,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne P Dunn President | 1 | $0 | |
Name Not Listed Vice President | 0.5 | $0 | |
Mamye Kay Dunn Secretary/treasurer | 1 | $0 | |
Ashley Dunn-Kerr Director | 0.5 | $0 | |
Miranda L Dunn Director | 0.5 | $0 | |
Kimberly R Clark Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,941 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,041 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $924 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $100 |
| Printing and publications | $0 |
| Other expenses | $129 |
| Total operating and administrative expenses | $22,805 |
| Contributions, gifts, grants paid | $63,000 |
| Total expenses and disbursements | $85,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $292,715 |
| Net Land, buildings, and equipment | $516,424 |
| Other assets | $1,331 |
| Total assets | $2,123,298 |
| 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, The Dunn Foundation Inc has awarded $63,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
WEST VIRGINIA RIVERS COALITION PURPOSE: GENERAL ADMIN | $15,000 |
FRIENDS OF BLACKWATER PURPOSE: GENERAL ADMIN | $5,000 |
COAL RIVER MOUNTAIN WATCH PURPOSE: GENERAL ADMIN | $2,000 |
WEST VIRGINIA FREE PURPOSE: GENERAL ADMIN | $9,000 |
MOV CLIMATE ACTION PURPOSE: GENERAL ADMIN | $8,000 |
WEST VIRGINIA HIGHLANDS CONSERVANCY PURPOSE: GENERAL ADMIN | $4,000 |