Duncaster Foundation INC: FY2020 Nonprofit Profile & Form 990 (EIN 06-1406263)

The Duncaster Foundation, Inc. provides support to Duncaster, Inc. through the transfer of endowment income, for the general operations and purchase of supplies and equipment for the organization. Duncaster Inc. is also exempt under 501(c)(3).

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 06-1406263) · Dispute this line

$972Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

Roxanne W Beardsley Charitable TrustFY2024$19K

Shulansky Foundation IncorporatedFY2024$3K

Total grants receivedfrom 2 funders$22K

Grants paid · 4 grants · $1.1M · 2022–2024

Duncaster IncorporatedCT · FY2024$1,037,827

Unitemized GrantFY2024$17,335

Unitemized GrantFY2023$30,958

Unitemized GrantFY2022$23,000

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs

Year ending Dec 2021 · $754K federal money spent

Provider Relief FundDepartment of Health and Human Services · ALN 93.498 · Direct$754K

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$843K

Ln 12

Investment incomeLn 3$456K

Gifts and grantsLn 1h$387K

Money outPt IX

$972K

Ln 25

Programscol B$972K

Owns and owesPt X

$23.7M

net assets · Ln 32

Cash and savingsLn 1–2$93K

Total assetsLn 16$24.2M

LiabilitiesLn 26$542K

PeoplePt VI, VII

11

listed · VII A

PaidVII A0

Voting boardVI 1a9

IndependentVI 1b8

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$387K

Government grantsLn 1e$0

Noncash giftsLn 1g$0

Fundraising eventsLn 1c$0

Investment incomeLn 3$456K

Total revenueLn 12$843K

Assets in detailPt X, end of year

CashLn 1$93K

Cash and savings togetherLn 1–2$93K

Pledges and grants receivableLn 3$25K

Land, buildings, equipmentLn 10c$1.4M

InvestmentsLn 11–13$22.7M

Total assetsLn 16$24.2M

LiabilitiesLn 26$542K

Net assetsLn 32$23.7M

OperationsPt I, VI

EmployeesI 50

VolunteersI 68

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3More from this return

Investment feesPt IX, Sch D

Investment fees, as reportedPt IX 11f$34K

Share of the $23.7M endowmentSch D 1g0.14%

Typical, median of 2,202 orgs0.44%

EndowmentSch D · Pt V

Line	FY20	FY19	FY18	FY17	FY16
End of yearLn 1g	$23.7M	$21.4M	$17.3M	$7.5M	$12.3M
AddedLn 1b	$387K	$1.7M	$598K	$5.0M	$310K
SpentLn 1d–1f	$937K	$857K	$756K	$764K	$796K

4Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$203K	$93K
InvestmentsLn 11–13	$20.3M	$22.7M
Land, buildings, equipmentLn 10c	$1.4M	$1.4M
Total assetsLn 16	$21.9M	$24.2M
LiabilitiesLn 26	$460K	$542K
Net assetsLn 32	$21.4M	$23.7M

5Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Investment management feesLn 11f	$34K	$34K	$0	$0
Office expensesLn 13	$997	$997	$0	$0
Payments to affiliatesLn 21	$633K	$633K	$0	$0
Other expenses (24a–d)Ln 24	$304K	$304K	$0	$0
Total functional expensesLn 25	$972K	$972K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS Nov 7, 2025	$789K	$1.7M	−$873K	$24.1M	990 PDF
FY2023Filed with the IRS Nov 12, 2024	$578K	$1.2M	−$605K	$23.1M	990 PDF
FY2022Filed with the IRS Nov 11, 2023	$1.1M	$1.1M	$9K	$21.0M	990 PDF
FY2021Filed with the IRS Nov 15, 2022	$2.0M	$1.3M	$662K	$25.9M	990 PDF
FY2020 ViewingFiled with the IRS Nov 10, 2021	$843K	$972K	−$129K	$23.7M	990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations

See the full FY2020 990

Part I · Summary $842,884 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,683,064$387,133

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $455,486$455,751

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $2,138,550$842,884

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $856,982$971,578

I-18 Total expensesPrior year $856,982$971,578

I-19 Revenue less expensesPrior year $1,281,568−$128,694

Part VI · Governance 8 of 9 board members independent, no flags

VI-1a Voting members of the governing body9

VI-1b Independent voting members8

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $842,884 across 11 lines filed

VIII-1a Federated campaigns$0

VIII-1b Membership dues$0

VIII-1c Fundraising events$0

VIII-1d Related organizations$0

VIII-1e Government grants$0

VIII-1f All other contributions, gifts and grants$387,133

VIII-1g Noncash contributions (included above)$0

VIII-1h Total contributions, gifts and grants$387,133

VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $455,751$455,751

VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $455,751$842,884

Part IX · Statement of functional expenses $971,578 across 4 lines filed

IX-11f Investment management feesPrograms $34,327 · Management $0 · Fundraising $0$34,327

IX-13 Office expensesPrograms $997 · Management $0 · Fundraising $0$997

IX-21 Payments to affiliatesPrograms $632,669 · Management $0 · Fundraising $0$632,669

IX-24 Other expenses (24a–d)Programs $303,585 · Management $0 · Fundraising $0$303,585

IX-25 Total functional expensesPrograms $971,578 · Management $0 · Fundraising $0$971,578

Part X · Balance sheet $24,225,639 assets, 12 lines filed

X-1 Cash, non-interest-bearingStart of year $202,872$93,184

X-3 Pledges and grants receivableStart of year $24,999$24,999

X-10c Land, buildings and equipment, netStart of year $1,398,748$1,398,748

X-11 Publicly traded securitiesStart of year $20,262,528$22,708,708

X-16 Total assetsStart of year $21,889,147$24,225,639

X-17 Accounts payable and accrued expensesStart of year $12,574$12,572

X-18 Grants payableStart of year $446,960$529,055

X-26 Total liabilitiesStart of year $459,534$541,627

X-27 Net assets without donor restrictionsStart of year $9,271,764$11,457,411

X-28 Net assets with donor restrictionsStart of year $12,157,849$12,226,601

X-32 Total net assets or fund balancesStart of year $21,429,613$23,684,012

X-33 Total liabilities and net assetsStart of year $21,889,147$24,225,639

Part XI · Reconciliation of net assets $23,684,012 net assets at year end

XI-1 Total revenue$842,884

XI-2 Total expenses$971,578

XI-3 Revenue less expenses−$128,694

XI-4 Net assets at start of year$21,429,613

XI-5 Net unrealized gains (losses) on investments$2,383,093

XI-6 Donated services and use of facilities$0

XI-7 Investment expenses$0

XI-8 Prior period adjustments$0

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$23,684,012

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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Duncaster Foundation INC FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Duncaster Foundation INC