Mary & Al Danos Family Foundation
- Assets
- $31.6m
- Revenue
- $2.2m
- Investments
- $28.9m
- Employees
- 0
- Location
- Gray, LA
- Founding
- 04/2001
- Data as of
- 12/2021
- 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 12/2021, Mary & AL Danos Family Foundation generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mary & AL Danos Family Foundation has awarded 57 individual grants totaling $7,858,047. 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 | |
Alyce Danos Secretary | 0.4 | $0 | |
Andre Danos Vice President | 0.8 | $0 | |
Marcel Danos Treasurer | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $728,062 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,353,682 |
| Capital Gain Net Income | $1,353,682 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $84,302 |
| Total Revenue | $2,166,046 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,679 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $470,765 |
| Total operating and administrative expenses | $507,386 |
| Contributions, gifts, grants paid | $1,560,000 |
| Total expenses and disbursements | $2,067,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,736,093 |
| 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 | $5,517,437 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,617,917 |
| 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 $1,560,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Houma, LA PURPOSE: CHARITABLE | $1,040,000 |
CATHOLIC CHARITIES OF HOUMA-THIBODAUX PURPOSE: CHARITABLE | $250,000 |
CATHOLIC FOUNDATION OF SOUTH LOUISIANA PURPOSE: CHARITABLE | $245,000 |
CASA LAFOURCHE PURPOSE: CHARITABLE | $15,000 |
ST JOSEPH CATHOLIC ELEMENTARY SCHOOL PURPOSE: EDUCATIONAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |