Dogwood Foundation
- Assets
- $19.3m
- Revenue
- $926.7k
- Investments
- $18.4m
- Employees
- 0
- Location
- Poolville, TX
- Founding
- 10/1994
- Data as of
- 12/2022
- EIN
- 65-0499552
Organization Overview
Dogwood Foundation is located in Poolville, TX. The organization was established in 1994. 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. Dogwood 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 12/2022, Dogwood Foundation generated $926.7k 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 (17.2%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dogwood Foundation has awarded 119 individual grants totaling $3,706,887. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Merrill Converse Trustee | 0.2 | $0 | |
Holly S Merrill Trustee | 0.2 | $0 | |
Danielle Merrill Trustee | 0.2 | $0 | |
Frank G Merrill Trustee/manager | 2.3 | $75,000 | |
Susan Meyers Secretary | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $923,654 |
| 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 | $3,013 |
| Total Revenue | $926,667 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,259 |
| Taxes | $36,475 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,709 |
| Total operating and administrative expenses | $227,130 |
| Contributions, gifts, grants paid | $1,027,660 |
| Total expenses and disbursements | $1,254,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $967,392 |
| 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 | $3,467,073 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,323,551 |
| 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, Dogwood Foundation has awarded $1,027,660 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN QUARTER HOURSE FOUNDATION PURPOSE: CONTRIBUTION | $50,000 |
BELLWETHER HARBOR FOUNDATION PURPOSE: CONTRIBUTION | $110,000 |
CAREITY PURPOSE: CONTRIBUTION | $20,000 |
CARLSBAD EDUCATIONAL FOUNDATION PURPOSE: CONTRIBUTION | $10,000 |
CHILDREN'S HEALING CENTER PURPOSE: CONTRIBUTION | $35,000 |
COMMUNITY FOUNDATION OF THE FLORIDA KEYS PURPOSE: CONTRIBUTION | $10,000 |