Mary & Al Danos Family Foundation
- Assets
- $30.5m
- Revenue
- $1.1m
- Investments
- $29.5m
- Employees
- 0
- Location
- Gray, LA
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 72-1495656
Organization Overview
Mary & Al Danos Family Foundation is located in Gray, LA. The organization was established in 2001. 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. Mary & AL Danos Family 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, Mary & AL Danos Family Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mary & AL Danos Family Foundation has awarded 78 individual grants totaling $10,680,028. 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 |
|---|---|---|---|
Rene D David President | 2 | $0 | |
Marcel Danos Treasurer | 0.2 | $0 | |
Andre Danos Vice President | 0.8 | $0 | |
Alyce Danos Secretary | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $729,273 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $340,152 |
| Capital Gain Net Income | $340,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $60,581 |
| Total Revenue | $1,130,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,209 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $441,483 |
| Total operating and administrative expenses | $478,164 |
| Contributions, gifts, grants paid | $1,778,000 |
| Total expenses and disbursements | $2,256,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5 |
| Savings and temporary cash investments | $968,633 |
| 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 | $5,461,946 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,491,759 |
| 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, Mary & Al Danos Family Foundation has awarded $1,636,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BAYOU COMMUNITY FOUNDATION PURPOSE: CHARITABLE | $250,000 |
CASA LAFOURCHE PURPOSE: CHARITABLE | $20,000 |
CATHOLIC FOUNDATION OF SOUTH LOUISIANA PURPOSE: CHARITABLE | $375,000 |
CHILDREN'S ADVOCACY CENTER PURPOSE: CHARITABLE | $100,000 |
ED WHITE CATHOLIC HIGH SCHOOL PURPOSE: EDUCATIONAL | $150,000 |
NICHOLLS STATE UNIVERSITY PURPOSE: EDUCATIONAL | $535,000 |