//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
R E And N C Dungan Foundation Inc. is a private corporation based in DURHAM, NC. The foundation received its IRS ruling in 1988. The principal officer is Ronald E Dungan. It holds total assets of $36K. Annual income is reported at $132K. Total assets have decreased from $702K in 2011 to $102K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 5 states, including Virginia, California, New York. According to available records, R E And N C Dungan Foundation Inc. has made 38 grants totaling $410K, with a median grant of $10K. The foundation has distributed between $70K and $150K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $150K distributed across 11 grants. Individual grants have ranged from $1K to $30K, with an average award of $11K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Virginia, New York, North Carolina, which account for 66% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$8K
Largest Grant
$15K
Based on 9 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.
R E And N C Dungan Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in VA, NY, NC.
R E And N C Dungan Foundation Inc. has distributed a total of $410K across 38 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $1K to $30K.
R E And N C Dungan Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
R E And N C Dungan Foundation Inc. is headquartered in DURHAM, NC. While based in NC, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald E Dungan | PRESIDENT-TREASURER | $5K | $0 | $5K |
| Cynthia Hatten | VICE PRESIDENT-SECRETARY | $1K | $0 | $1K |
Total Giving
$79K
Total Assets
$102K
Fair Market Value
$127K
Net Worth
$102K
Grants Paid
$70K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$7K
Total: $89K
Total Grants
38
Total Giving
$410K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
13
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Luke'S Episcopal ChurchGENERAL SUPPORT | Durham, NC | $13K | 2023 |
| St John'S Episcopal ChurchGENERAL SUPPORT | Centerville, VA | $7K | 2023 |
| Diocese Of VirginiaTO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | Richmond, VA | $15K | 2023 |
| Episcopal Relief And DevelopmentGENERAL SUPPORT | New York, NY | $14K | 2023 |
| St Paul'S Episcopal ChurchGENERAL SUPPORT | Visalia, CA | $8K | 2023 |
| School Sisters Of Notre DameGENERAL SUPPORT | Baltimore, MD | $5K | 2023 |
| The Umrh Foundation IncGENERAL SUPPORT | Durham, NC | $5K | 2023 |
| Ucsf - Department Of MelanomaGENERAL SUPPORT | San Francisco, CA | $3K | 2023 |
| Guatamala Youth InitiativeTO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | Bealeton, VA | $4K | 2022 |
| Center For The Liturgy Of ArtTO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | Annandale, VA | $1K | 2022 |
| Shalem Institute For Spiritual FormationTO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | Washington, DC | $10K | 2021 |
| Shalem Institue For Spiritual FormationCharitable | Washington, DC | $10K | 2020 |
| Episcopal Relief And DeveCharitable | New York, NY | $10K | 2020 |