The Dunning Foundation is located in Los Angeles, CA. The organization was established in 1984. 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. Dunning 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 06/2023, Dunning Foundation generated $275.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $12.7m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dunning Foundation has awarded 36 individual grants totaling $14,449,493. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING COMMUNITY SERVICE AND EDUCATIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO CALIFORNIA COMMUNITY FOUNDATION
GRANT TO SOCIAL SERVICE AUXILIARY
GRANT TO LOYOLA MARYMOUNT UNIVERSITY, LOS ANGELES
GRANT TO UNIVERSITY OF SOUTHERN CALIFORNIA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dean Bryant Keith Alexander Director | Trustee | 1 | $0 |
Mrs Ronald Gowey Director | Trustee | 1 | $0 |
Diana Jaque Director | Trustee | 1 | $0 |
Carol Bradford Worley Director | Trustee | 1 | $0 |
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 | $393,227 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$117,404 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $275,823 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,708,792 |
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 | $10,268 |
Fees for services: Accounting | $24,034 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $12,746,294 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
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 | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $4,979,920 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | -$4,979,920 |
Total liabilities and net assets/fund balances | $0 |
Over the last fiscal year, The Dunning Foundation has awarded $12,708,792 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
CALIFORNIA COMMUNITY FOUNDATION PURPOSE: GENERAL SUPPORT | $3,177,198 |
LOYOLA MARYMOUNT UNIVERSITY PURPOSE: EDUCATIONAL | $3,177,198 |
UNIVERSITY OF SOUTHERN CALIFORNIA PURPOSE: EDUCATIONAL | $3,177,198 |
SOCIAL SERVICE AUXILIARY PURPOSE: GENERAL SUPPORT | $3,177,198 |