//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Ds Foundation is a private corporation based in MADISON HTS, VA. The foundation received its IRS ruling in 2015. The principal officer is Daniel Summers. It holds total assets of $501K. Annual income is reported at $418K. Total assets have grown from $100K in 2014 to $501K in 2024. The foundation is governed by 1 officer or trustee. Contributions Made to Other Charitable Organizations Timberlake Baptist Church Lynchburg VA. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Virginia. According to available records, Ds Foundation has made 11 grants totaling $150K, with a median grant of $7K. The foundation has distributed between $27K and $63K annually from 2020 to 2022. Individual grants have ranged from $4K to $45K, with an average award of $14K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Virginia and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$9K
Largest Grant
$12K
Based on 3 grants from the most recent 990-PF filing.
Contributions made to other charitable organizations: merriwood christian camp, winston-salem, nc timberlake baptist church, lynchburg, va
Expenses: $60K
Contributions Made to Other Charitable Organizations Timberlake Baptist Church Lynchburg VA. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in VA, NC.
Ds Foundation has distributed a total of $150K across 11 grants. The median grant size is $7K, with an average of $14K. Individual grants have ranged from $4K to $45K.
Ds Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ds Foundation is headquartered in MADISON HTS, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel A Summers | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$501K
Fair Market Value
N/A
Net Worth
$501K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$150K
Average Grant
$14K
Median Grant
$7K
Unique Recipients
2
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Timberlake Baptist ChurchContributions Renovations | Lynchburg, VA | $25K | 2022 |
| Merriwood Christian CampGENERAL OPERATIONS | Winston Salem, NC | $5K | 2020 |