Doak Finch Foundation
- Assets
- $1.7m
- Revenue
- $125.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1964
- Data as of
- 10/2024
- EIN
- 56-6042823
Organization Overview
Doak Finch Foundation is located in Dallas, TX. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Doak Finch 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 10/2024, Doak Finch Foundation generated $125.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $178.1k during the year ending 10/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Doak Finch Foundation has awarded 71 individual grants totaling $928,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,180 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,500 |
| Capital Gain Net Income | $73,500 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $211 |
| Total Revenue | $125,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,074 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,057 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $28,124 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $178,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $183,630 |
| 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 | $1,657,413 |
| 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, Doak Finch Foundation has awarded $150,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF THOMASVILLE PURPOSE: REGINALD STRICKLAND CTR AND | $15,000 |
SALVATION ARMY PURPOSE: UNRESTRICTED GENERAL | $7,000 |
DAVIDSON COUNTY COMMUNITY COLLEGE PURPOSE: EDUCATIONAL SCHOLARSHIPS | $2,000 |
DAVIDSON MEDICAL MINISTRIES PURPOSE: UNRESTRICTED GENERAL | $5,000 |
ARTS OF DAVIDSON COUNTY PURPOSE: UNRESTRICTED GENERAL | $3,000 |
MEMORIAL UNITED METHODIST CHURCH PURPOSE: GENERAL FUNDS FOR RELIGIOUS | $14,000 |