Dunleavy Foundation

EIN 854313867

Philadelphia, PA 19103 |(202) 942-5171

Total Given 2021–2023
$12.0M
7 grants · $4.0M avg/year
based on 3 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$200K
typical big bets · $70K–$1.5M
grant size
0%
transactional · single-year
repeat
$264.5M
Assets (2023)
7
Distinct Recipients

About

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

Accepts Unsolicited Proposals No — Preselected Only
Phone (202) 942-5171

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
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

Minimum
$4K
25th Pctl
$70K
Median
$200K
Average
$1.7M
75th Pctl
$1.5M
Maximum
$8.7M

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