Dcm Foundation
- Assets
- $8.9m
- Revenue
- $295.2k
- Investments
- $8.9m
- Employees
- 0
- Location
- Belle Plaine, MN
- Founding
- Data as of
- 12/2023
- EIN
- 84-2496333
Organization Overview
Dcm Foundation is located in Belle Plaine, MN. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Dcm 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 12/2023, Dcm Foundation generated $295.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (43.7%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dcm Foundation has awarded 62 individual grants totaling $2,779,260. 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 |
|---|---|---|---|
Michael Mcguire President | 1 | $0 | |
Kelly Mcguire Vice President | 1 | $0 | |
Kristin Mcguire Secretary, Vp, Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,920 |
| Dividends & Interest | $300,306 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,429 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $355 |
| Total Revenue | $295,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $57 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $60,202 |
| Contributions, gifts, grants paid | $1,343,000 |
| Total expenses and disbursements | $1,403,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $56,367 |
| 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 | $3,181,268 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,933,647 |
| 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, Dcm Foundation has awarded $1,343,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL ARK PURPOSE: GENERAL SUPPORT | $5,000 |
EFCA- REACH GLOBAL PURPOSE: B & J HOST | $10,000 |
FUR-EVER HOME RESCUE PURPOSE: ANIMAL RESCUE | $5,000 |
HANDS OF HOPE- LIBERIA PURPOSE: CHRISTMAS 2023 | $5,000 |
HOPE ACADEMY PURPOSE: HOPE RISING | $800,000 |
INTERNATIONAL CHRISTIAN MINITRIES PURPOSE: ATS SCHOLARSHIPS | $10,000 |