Carl & Phyllis Dalton Family Foundation Inc
- Assets
- $19.6m
- Revenue
- $1.5m
- Investments
- $18.6m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 81-5246298
Organization Overview
Carl & Phyllis Dalton Family Foundation Inc is located in Detroit, MI. The organization was established in 2018. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carl & Phyllis Dalton 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 12/2021, Carl & Phyllis Dalton Family Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Carl & Phyllis Dalton Family Foundation Inc has awarded 46 individual grants totaling $4,074,822. 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 |
|---|---|---|---|
Richard Stoffels Co Fiduciary | 10 | $60,000 | |
Daniel Richardson Co Fiduciary | 10 | $48,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $686,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $770,412 |
| Capital Gain Net Income | $770,412 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $163 |
| Total Revenue | $1,457,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $108,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,053 |
| Total operating and administrative expenses | $467,072 |
| Contributions, gifts, grants paid | $1,414,048 |
| Total expenses and disbursements | $1,881,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $967,670 |
| 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 | $825,408 |
| Investments—other | $500,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,557,822 |
| 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, Carl & Phyllis Dalton Family Foundation Inc has awarded $1,414,048 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
HELEN ELLIS MEMORIAL HOSPITAL FDN PURPOSE: GENERAL SUPPORT | $300,000 |
St Paul, MN PURPOSE: GENERAL SUPPORT | $254,448 |
Des Plaines, IL PURPOSE: CAMP AWANA AND PONTOON BOAT | $134,900 |
LIFE CHRISTIAN CENTER PURPOSE: GENERAL SUPPORT | $125,000 |
Costa Mesa, CA PURPOSE: GENERAL SUPPORT | $118,200 |
STONE RIDGE FOUNDATION PURPOSE: HEALTHY VETERANS COMMUNITY | $108,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horseshoe Foundation Of Floyd County Inc New Albany, IN | $43,854,636 | $8,593,173 |
Carl & Phyllis Dalton Family Foundation Inc Detroit, MI | $19,557,822 | $1,457,062 |
World Hindu Foundation Of America West Chester, OH | $104,621 | $1,703,996 |
Sae Government Technologies Troy, MI | $33,357,657 | $2,977,254 |
Delta Gamma Fraternity Management Corporation Columbus, OH | $2,047,085 | $1,032,027 |
Margies Smile Inc Franklin, WI | $36,893 | $1,255,015 |
Build It For The Brave Inc Ann Arbor, MI | $1,851,835 | $1,161,438 |
Kalamazoo Foundation For Excellence Kalamazoo, MI | $479,208,810 | $369,542,486 |
Odon Thrift Store Odon, IN | $367,272 | $293,468 |
Toledo Urban Foundation Inc Toledo, OH | $12 | $7 |
Evangelical Homes Of Michigan Foundation Saline, MI | $1,370,796 | $301,241 |
Stand Up Michigan Inc East Lansing, MI | $111,687 | $257,834 |