Dunleavy Foundation
EIN 854313867About
THIS RETURN IS BEING ELECTRONICALLY FILED AFTER INITIALLY NOT BEING ALLOWED TO ELECTRONICALLY FILE DUE TO A PENDING APPLICATION. THIS RETURN WAS FILED TIMELY AND IS ONLY NOW BEING FILED ELECTRONICALLY AFTER RECEIVING ITS TAX-EXEMPT DETERMINATION LETTER.THE ORIGINAL FORM 990PF WAS MAILED ON MAY 7TH, 2021, WHICH IS PRIOR TO THE INITIAL EXTENSION DATE OF MAY 15TH, 2021. THE ORGANIZATION'S FORM 1023 HAD BEEN FILED BUT ITS TAX-EXEMPT STATUS HAD NOT YET BEEN APPROVED. AT THAT DATE, THE ORGANIZATION DID NOT HAVE THE OPTION TO ELECTRONICALLY FILE, WHICH SHOULD HAVE BEEN INDICATED BY THE BOX ON PAGE 1 OF THE FORM 990PF THAT HAD BEEN MARKED "APPLICATION PENDING".DESPITE FOLLOWING WHAT WAS IRS PROTOCOL UNDER THESE CIRCUMSTANCES, THE FORM 990PF WAS RETURNED TO THE ORGANIZATION WITH A NOTICE SAYING THE ORGANIZATION WAS OBLIGATED TO FILE. THE ORGANIZATION HAD, BY THEN, RECEIVED ITS DETERMINATION LETTER. THE SIGNER ON THE RETURN OBTAINED A POWER OF ATTORNEY FROM THE ORGANIZATION'S FOUNDER AND CALLED THE IRS TO DISCUSS THE SITUATION. DESPITE HAVING THE DETERMINATION LETTER IN HAND, THE SIGNER, A CPA, WAS TOLD THAT THE ORGANIZATION DID NOT HAVE A TAX-EXEMPT ACKNOWLEDGEMENT ON ITS ACCOUNT. THE ACCOUNTANT SPOKE TO THE TAX LAW DEPARTMENT, WHICH WAS ABLE TO FIND THE DETERMINATION LETTER AND UPDATE THE ACCOUNT.IF LATE FILING PENALTIES ARE ASSESSED, PLEASE WAIVE THEM DUE TO REASONABLE CAUSE. THE RETURN WAS INITIALLY FILED TIMELY AND BY THE CORRECT METHOD.
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | N/A | $5.1M | $5.1M | N/A |
| 2021 | $15K | $244.8M | $241.0M | 1 |
| 2022 | N/A | $242.6M | $2.3M | N/A |
| 2023 | $12.0M | $264.5M | $2.7M | 6 |
Grant Size Distribution
Based on 7 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (7 total)
| Purpose | ||||
|---|---|---|---|---|
| National Philanthropic Trust | Jenkintown, PA | $8,671,412 | GENERAL CONTRIBUTION | 2023 |
| Trustees of Dartmouth College | Hanover, NH | $2,000,000 | GENERAL CONTRIBUTION | 2023 |
| Devon 50 Inc | Devon, PA | $1,000,000 | GENERAL CONTRIBUTION | 2023 |
| Rise and Shine Inc | Annapolis, MD | $200,000 | GENERAL CONTRIBUTION | 2023 |
| University of Nc at Chapel Hill | Chapel Hill, NC | $125,000 | GENERAL CONTRIBUTION | 2023 |
| The Light House Inc | Annapolis, MD | $15,000 | GENERAL OPERATIONS | 2021 |
| Ncssm Foundation | Durham, NC | $3,588 | GENERAL CONTRIBUTION | 2023 |