Dedman Dietz Family Foundation
- Assets
- $6.3m
- Revenue
- $135.0k
- Investments
- $3.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-2150026
Organization Overview
Dedman Dietz Family Foundation is located in Dallas, TX. The organization was established in 2019. 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. Dedman Dietz 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES FOR WHICH THE CORPORATION ARE TO OPERATE EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, MEDICAL, LITERARY, AND EDUCATIONAL PURPOSES OR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE. SPECIFICALLY, THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF COMMUNITIES FOUNDATION OF TEXAS, INC. IN FURTHERANCE OF ITS EXCLUSIVE SUPPORT AND BENEFIT OF CFT, THE CORPORATION MAY SUPPORT BENEFICIARY ORGANIZATIONS, WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE AND DESCRIBED IN SECTION 509(A)(L) OR 509(A)(2) OF THE CODE, AND ORGANIZED AND OPERATED TO SUPPORT SUCH RELIGIOUS, CHARITABLE, SCIENTIFIC, MEDICAL, LITERARY, AND EDUCATIONAL USES AND PURPOSES AND TO HELP PREVENT CRUELTY TO CHILDREN OR ANIMALS AS WILL MOST EFFECTIVELY ASSIST, ENCOURAGE, AND PROMOTE THE WELL-BEING OF MANKIND PRIMARILY THROUGHOUT TEXAS AND THE ADJOINING STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WILL FOCUS ON MAKING GRANTS TO COMMUNITIES FOUNDATION OF TEXAS, INC. AND OTHER BENEFICIARY ORGANIZATIONS, WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) AND DESCRIBED IN SECTION 509(A)(1) OR 509(A)(2) OF THE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Dedman Nail Chair Of Board/director | Trustee | 1 | $0 |
Nancy M Dedman Director | OfficerTrustee | 1 | $0 |
Jonathan Dedman Dietz President/director | OfficerTrustee | 1 | $0 |
Christina Dedman Dietz Director | Trustee | 1 | $0 |
Jeffrey Patrick Dedman Dietz Secretary/director | Trustee | 1 | $0 |
David J Scullin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $209,093 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$73,738 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $220,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,813 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,695 |
| Fees for services: Other | $32,187 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,775 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $328,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,373 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,174,642 |
| Investments—other securities | $3,943,943 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,321,958 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,077,431 |
| Net assets with donor restrictions | $5,244,527 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,321,958 |