Dhg Foundation INC FY2021 filing

Charlotte, NCPrivate foundation / grantmakerEIN 54-1847474Revenue $518K in FY2021

On file with the IRS4350 Congress Street No 900 · Charlotte, NC

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FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990-PF
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $47K a year · 11% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
990-PF Pt I · 3 filings
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$518K
+80% vs prior year
Spent
$449K
Net assets
$123K
By yearFY2020–FY2022
Revenue
$518K
FY2021▲ +80%
Tap a bar for its year
Revenue by fiscal year
FY2020$288K
FY2021$518K
FY2022$540K
Expenses
$449K
FY2021▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$375K
FY2021$449K
FY2022$663K
Net assets
$123K
FY2021▲ +126%
Tap a bar for its year
Net assets by fiscal year
FY2020$54K
FY2021$123K
FY2022$0

From the FY2021 Form 990 (year ending May 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 100% · $448K Operating & administrative 0% · $892

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

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Programs and updates

A private foundation based in Charlotte, NC.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 13 grants · $662K · 2021–2021
Forvis FoundationFY2021$272,925
Wcu FoundationFY2021$113,800
National Association of Black Accountants INCFY2021$107,598
North Carolina State UniversityFY2021$35,000
University of South CarolinaFY2021$35,000
Individual RecipientFY2021$33,000
North Carolina Agricultural and Technology State UniversityFY2021$20,000
Unviersity of MississippiFY2021$15,000
Clemson UniversityFY2021$15,000
Wake Forest UniversityNC · FY2021$10,000
Unc at Charlotte INCFY2021$2,500
University of AlabamaFY2021$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV2
Average grantPart XV$51K
Median grantPart XV$20K
Largest grantPart XV$273K
Top cause focusNTEEColleges & Universities (8%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$518K
Gifts and grants$518K
Money out
$449K
Grants paid$448K
Running costs$892
Owns and owes
$123K
net assets
Cash and savings$123K
Total assets$123K
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$518K
Total revenue$518K
Assets in detailEnd of year
Cash and savings together$123K
Total assets$123K
Liabilities$0
Net assets$123K
Operations
Fiscal year endsMay

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $540K$663K−$123K$0 990 PDF
FY2021 Viewing $518K$449K$69K$123K 990 PDF
FY2020 $288K$375K−$88K$54K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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