Arthur Dean Family Foundation Inc
- Assets
- $80.6m
- Revenue
- $4.3m
- Investments
- $76.2m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/2017
- Data as of
- 12/2023
- EIN
- 81-4049126
Organization Overview
Arthur Dean Family Foundation Inc is located in Indianapolis, IN. The organization was established in 2017. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Arthur Dean Family Foundation Inc 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, Arthur Dean Family Foundation Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $4.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Arthur Dean Family Foundation Inc has awarded 165 individual grants totaling $14,238,712. 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 |
|---|---|---|---|
Freddie L Mcclure Presdient | 1 | $0 | |
Molly E Mcclure Vice-President | 1 | $0 | |
Aaron J Stratman Treasurer/secretary | 1 | $0 | |
Ruth Purcell-Jones Executive Director | 40 | $152,640 | |
Andrew Black Director Of Grantmaking | 40 | $145,559 | |
Dr River Sturdivant Director Of Learning | 40 | $143,100 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cooke Financial Group | 12/30/22 | $513,180 |
Clifton Larson Allen | 12/30/22 | $77,176 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $503,811 |
| Interest on Savings | $150,701 |
| Dividends & Interest | $2,580,978 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,053,320 |
| Capital Gain Net Income | $1,053,320 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $41,778 |
| Total Revenue | $4,330,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $441,299 |
| Other employee salaries and wages | $156,528 |
| Pension plans, employee benefits | $78,609 |
| Interest | $0 |
| Taxes | $126,263 |
| Depreciation | $39,862 |
| Occupancy | $20,447 |
| Travel, conferences, and meetings | $14,362 |
| Printing and publications | $0 |
| Other expenses | $81,018 |
| Total operating and administrative expenses | $1,399,497 |
| Contributions, gifts, grants paid | $3,204,500 |
| Total expenses and disbursements | $4,603,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $546,867 |
| Savings and temporary cash investments | $1,304,912 |
| 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 | $7,800 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $38,184,439 |
| Net Land, buildings, and equipment | $2,557,753 |
| Other assets | $0 |
| Total assets | $80,583,833 |
| Accounts payable and accrued expenses | $13,339 |
| 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 | $13,339 |
Grants Awarded
Over the last fiscal year, Arthur Dean Family Foundation Inc has awarded $3,204,500 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
ASPIRE HIGHER FOUNDATION PURPOSE: YOUTH DEVELOPMENT | $65,000 |
BLOOM PROJECT PURPOSE: YOUTH EMPLOYMENT/CAREER EXPLORATION | $60,000 |
BOYS & GIRLS CLUB PURPOSE: YOUTH DEVELOPMENT | $75,000 |
BRIGHTLANE LEARNING PURPOSE: EDUCATION | $50,000 |
CENTER FOR LEADERSHIP DEVELOPMENT PURPOSE: EDUCATION | $75,000 |
CENTER FOR WHITLEY COUNTY YOUTH INC PURPOSE: YOUTH DEVELOPMENT | $125,000 |