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Dcm Foundation is a private corporation based in BELLE PLAINE, MN. The foundation received its IRS ruling in 2020. The principal officer is % Michael Mcguire. It holds total assets of $9.1M. Annual income is reported at $6.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Dcm Foundation has made 59 grants totaling $2.1M, with a median grant of $10K. Annual giving has grown from $153K in 2020 to $1.3M in 2022. Individual grants have ranged from $1K to $278K, with an average award of $36K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Minnesota, Florida, District of Columbia, which account for 92% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Dcm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 59 grants. Its grantmaking reaches organizations primarily in MN, FL, DC.
Dcm Foundation has distributed a total of $2.1M across 59 grants. The median grant size is $10K, with an average of $36K. Individual grants have ranged from $1K to $278K.
Dcm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dcm Foundation is headquartered in BELLE PLAINE, MN. While based in MN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Mcguire | PRESIDENT | $0 | $0 | $0 |
| Kelly Mcguire | VICE PRESIDENT | $0 | $0 | $0 |
| Kristin Mcguire | SECRETARY, VP, TREASURER | $0 | $0 | $0 |
Total Giving
$1.4M
Total Assets
$8.9M
Fair Market Value
$8.9M
Net Worth
$8.9M
Grants Paid
$1.3M
Contributions
$0
Net Investment Income
$248K
Distribution Amount
$426K
Total: $5.7M
Total Grants
59
Total Giving
$2.1M
Average Grant
$36K
Median Grant
$10K
Unique Recipients
23
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL SUPPORT | Roseville, MN | $30K | 2022 |
| Animal ArkGENERAL SUPPORT | Hastings, MN | $5K | 2022 |
| AcesGENERAL SUPPORT | Minneapolis, MN | $3K | 2020 |
| New Life Family ServicesPHILLIPS CLINIC, 2 GALA TABLES | Minneapolis, MN | $278K | 2022 |
| Hope Academy |
Other foundations that have funded Dcm Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Achieve Foundation Inc. | $5K | 2022 | General donation |
| Achieve Foundation Inc. | $5K | 2022 | General donation |
| Achieve Foundation Inc. | $3K | 2021 | General donation |
| Minneapolis, MN |
| $150K |
| 2022 |
| Jsaw Action MinistriesGENERAL SUPPORT AND RAIL JAM 2022 | Edina, MN | $82K | 2022 |
| Wycliffe Bible TranslatorsGENERAL SUPPORT | Orlando, FL | $25K | 2022 |
| Valley Evangelical Free ChurchJON JUST RIDE | Chaska, MN | $25K | 2022 |
| Love Inc Of Eastern Carver CountyGENERAL SUPPORT AND IT HELP | Chaska, MN | $15K | 2022 |
| Sharing & Caring HandsGENERAL SUPPORT | Minneapolis, MN | $10K | 2022 |
| Second Harvest HeartlandGENERAL SUPPORT | Brooklyn Park, MN | $10K | 2022 |
| Efca- Reach GlobalB & J HOST | Minneapolis, MN | $10K | 2022 |
| Hands Of Hope- LiberiaCHRISTMAS 2022 | Brooklyn Park, MN | $10K | 2022 |
| Last Hope IncANIMAL RESCUE | Farmington, MN | $5K | 2022 |
| Care UsaGENERAL SUPPORT | Atlanta, GA | $5K | 2022 |
| Fur-Ever Home RescueGENERAL SUPPORT | Zimmerman, MN | $5K | 2022 |
| American Red CrossGENERAL SUPPORT | Washington, DC | $5K | 2022 |
| Faith & Learning InternationalBIG IMPACT EVENT | Wheaton, IL | $10K | 2021 |
| Heart Of The City RaceBOYS AND GIRLS CLUB CAMPAIGN | Burnsville, MN | $5K | 2021 |
| Mn Adult & Teen ChallengeGENERAL SUPPORT | Minneapolis, MN | $5K | 2021 |
| Reapers InternationalGENERAL SUPPORT | Minneapolis, MN | $20K | 2020 |
| Opportunity InternationalGENERAL SUPPORT | Chicago, IL | $5K | 2020 |
| Sharing And Caring HandsGENERAL SUPPORT | Minneapolis, MN | $1K | 2020 |
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