Dixon Foundation is located in Hoover, AL. The organization was established in 1987. 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. Dixon 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 12/2023, Dixon Foundation generated $322.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $459.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Dixon Foundation has awarded 50 individual grants totaling $1,218,445. 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
UAB DEPARTMENT OF PEDIATRICS:DIXON POST DOCTORAL FELLOWSHIPS INVOLVE RESEARCH WHICH IS CONDUCTED AT CHILDREN'S HOSPITAL OF ALABAMA AT BIRMINGHAM AND INVOLVES DIFFERENT SUB-SPECIALTIES OF PEDIATRIC MEDICINE. THE DIXON FOUNDATION REQUIRES THE FELLOWS TO SUBMIT ANNUALLY A WRITTEN RESEARCH REPORT TO THE CHAIRMAN OF THE DEPARTMENT OF PEDIATRICS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alice D Grotnes President | 25 | $6,000 | |
Joy Levio Vice President & Treasurer | 25 | $6,000 | |
Cristi C Dixon Vice President & Secretary | 10 | $6,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $108,014 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $188,987 |
Capital Gain Net Income | $188,987 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $25,605 |
Total Revenue | $322,606 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $18,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $11,953 |
Taxes | $7,705 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $64,478 |
Total operating and administrative expenses | $254,865 |
Contributions, gifts, grants paid | $204,626 |
Total expenses and disbursements | $459,491 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $24,610 |
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 | $5,135,900 |
Net Land, buildings, and equipment | $0 |
Other assets | -$66,419 |
Total assets | $5,094,091 |
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 |
Over the last fiscal year, Dixon Foundation has awarded $204,626 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
ALL SAINTS CATHOLIC CHURCH PURPOSE: GENERAL SUPPORT | $2,500 |
CAMP SMILE-A-MILE PURPOSE: SUMMER CAMP SPONSOR | $5,000 |
OUR LADY OF ASSUMPTION CATHOLIC CHURCH PURPOSE: GENERAL SUPPORT | $1,250 |
VESTAVIA HILLS UNITED METHODIST CHURCH PURPOSE: GENERAL SUPPORT | $10,000 |
UAB DEPARTMENT OF PEDATRICS PURPOSE: POST-DOCTORAL FELLOWSHIPS | $179,326 |
TIMES OUT INC PURPOSE: GENERAL SUPPORT | $5,000 |