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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. Total assets have grown from $3M in 2020 to $8.9M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Minnesota. 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.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$42K
Largest Grant
$278K
Based on 16 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Kelly Mcguire | VICE PRESIDENT | $0 | $0 | N/A |
| Kristin Mcguire | SECRETARY, VP, TREASURER | $0 | $0 | N/A |
Total Giving
$1.4M
Total Assets
$8.9M
Fair Market Value
$8.9M
Net Worth
$8.9M
Grants Paid
$1.3M
Contributions
N/A
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 |
| New Life Family ServicesPHILLIPS CLINIC, 2 GALA TABLES | Minneapolis, MN | $278K | 2022 |
| Hope AcademyGENERAL SUPPORT | 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 |
| 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 |
| Sharing & Caring HandsGENERAL SUPPORT | Minneapolis, MN | $10K | 2022 |
| Fur-Ever Home RescueGENERAL SUPPORT | Zimmerman, MN | $5K | 2022 |
| Care UsaGENERAL SUPPORT | Atlanta, GA | $5K | 2022 |
| American Red CrossGENERAL SUPPORT | Washington, DC | $5K | 2022 |
| Last Hope IncANIMAL RESCUE | Farmington, MN | $5K | 2022 |
| Faith & Learning InternationalBIG IMPACT EVENT | Wheaton, IL | $10K | 2021 |
| Mn Adult & Teen ChallengeGENERAL SUPPORT | Minneapolis, MN | $5K | 2021 |
| Heart Of The City RaceBOYS AND GIRLS CLUB CAMPAIGN | Burnsville, MN | $5K | 2021 |