De Groot Foundation

Long Beach, CA · Private foundation / grantmaker · Foundations & Grantmakers

✓ Tax-deductible
Revenue
$2.0M
×47 vs prior year
Spent
$686K
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$2.0M
FY2024▲ ×47
Revenue by fiscal year
FY2020$31K
FY2021$25K
FY2022$19K
FY2023$43K
FY2024$2.0M
Expenses
$686K
FY2024▲ +695%
Expenses by fiscal year
FY2020$86K
FY2021$181K
FY2022$348K
FY2023$86K
FY2024$686K
Net assets
$1.5M
FY2024▲ ×11
Net assets by fiscal year
FY2020$660K
FY2021$504K
FY2022$175K
FY2023$131K
FY2024$1.5M

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CDe Groot Foundation
EINHdr · item D20-1655517
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2005
Latest filingForm 990FY2024 · Form 990-PF
Principal addressHdr · item CLong Beach, CA
NTEE classificationIRS BMFFoundations & Grantmakers (T22)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $1.00 Operating & administrative $0.00
Grants & contributions paid100%$683K
Operating & administrative$3K
Total functional expensesLn 25$686K

Financial health

Is it on solid ground?

Total assets
1.5M
deployed as grants and operations
Grants paid
683K
in FY2024
Grants made
17grants
total in period
Payout rate
46%
of assets (5% rule)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Total assets
$1.5M
FY2024▲ ×11
Total assets by fiscal year
FY2020$660K
FY2021$504K
FY2022$175K
FY2023$131K
FY2024$1.5M
Total liabilities
$0
FY2024
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
Total assetsPt II$1.5M

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$1.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.5M
Months of cash on handcomputed24.3

Statement of Revenue

Part VIII
Contributions & grants$2.0M · 99%
Investment income$22K · 1%
Contributions & grants99%$2.0M
Investment income1%$22K
Total revenueLn 12$2.0M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $1.5M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $2.0M
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $2.0M
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $2.0M · Prior year $43K
×47
Revenue CAGR
FY2020 $31K · FY2024 $2.0M
+184%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.0M · Expenses $686K
+66%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
—
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
People & payroll
Highest Reported Total Compensation
Individual Egbert J De Groot · Reported title PRESIDENT AND TREASURER · Highest reported compensation $0 · Total expenses $686K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth ×47——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President and Treasurer
$0Pt VII · Sec A
Vice President/Director
$0Pt VII · Sec A
Vice President/Director
$0Pt VII · Sec A
Secretary/Director
$0Pt VII · Sec A
Vice President/Director
$0Pt VII · Sec A
See De Groot Foundation executive salaries →

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Governance & Policies

Part VI
  • –Voting board membersPt VI · Ln 1a
  • –Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNot reported
  • Whistleblower policyPt VI · Ln 13Not reported
  • Document retention policyPt VI · Ln 14Not reported
  • Top official’s pay independently reviewedPt VI · Ln 15aNot reported
  • Family or business ties among leadersPt VI · Ln 2Not reported

Mission and programs

What it does.

A private foundation based in Long Beach, CA.

Provided by the organization

This section is blank until De Groot Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 17 grants · $683K · 2024–2024
Valley Christian SchoolsFY2024$608,050
Emmanuel Reformed ChurchCA · FY2024$18,500
Partners WorldwideMI · FY2024$10,000
Calvin UniversityMI · FY2024$10,000
Westmont CollegeCA · FY2024$10,000
Salem Christian HomeFY2024$9,500
Artesia ChristianFY2024$4,000
World HelpVA · FY2024$3,000
World Vision INCWA · FY2024$2,950
Rosewood ChurchFY2024$2,285
Prager UniversityFY2024$1,000
Bethany Christian ServicesFY2024$1,000
Alliance Defending FreedomAZ · FY2024$1,000
Wycliffe Associates INCFL · FY2024$500
Gordon CollegeMA · FY2024$500
Covenant HouseFY2024$500
Mercy ShipsFY2024$200

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV9
Average grantPart XV$40K
Median grantPart XV$3K
Largest grantPart XV$608K
Top cause focusNTEEColleges & Universities (18%)

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $2.0M$686K×47 990 PDF
FY2023 $43K$86K+129% 990 PDF
FY2022 $19K$348K-26% 990 PDF
FY2021 $25K$181K-18% 990 PDF
FY2020 $31K$86K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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