Drg Foundation Charitable Trust

Saint Helena, CAMutual-benefit / member-servingSince 2022 EIN 92-6168473Revenue $466K in FY2025

On file with the IRS503 Fulton Ln, 94574-1012 · Saint Helena, CATax-exempt since 0000

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The Organization's primary exempt purpose is to support The DRG Foundation, a California public charity.

Run by 2 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $3.2M a year · 98% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
5734 mo
of spending, in cash
Looks good: 5733.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$100
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$466K
+17% vs prior year
Spent
$4K
Net assets
$12.0M
By yearFY2022–FY2025
Revenue
$466K
FY2025▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2022$11.0M
FY2023$1.3M
FY2024$398K
FY2025$466K
Expenses
$4K
FY2025▼ -71%
Tap a bar for its year
Expenses by fiscal year
FY2022$88K
FY2023$99K
FY2024$14K
FY2025$4K
Net assets
$12.0M
FY2025▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2022$10.9M
FY2023$11.2M
FY2024$11.6M
FY2025$12.0M

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in 0000.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $4K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
See Drg Foundation Charitable Trust executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Supports The DRG Foundation, a California public charity.

Questions for Drg Foundation Charitable Trust

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Provided by the organization

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1 program · in their own filed words · FY2025
01

No grants were made to the DRG Foundation in 2025

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $88K · 2023–2023
The Drg FoundationCA · FY2023$88,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$466K
Ln 12
Investment incomeLn 3$466K
Money outPt IX
$4K
Ln 25
Managementcol C$4K
Owns and owesPt X
$12.0M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$12.0M
LiabilitiesLn 26$100
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$466K
Gains on assetsLn 7$0
Total revenueLn 12$466K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$2.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$12.0M
LiabilitiesLn 26$100
Net assetsLn 32$12.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.5M$2.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$11.6M$12.0M
LiabilitiesLn 26$0$100
Net assetsLn 32$11.6M$12.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$100$100
All other expensesLn 24e$0
Total functional expensesLn 25$4K$0$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $466K$4K$462K$12.0M 990 PDF
FY2024 $398K$14K$384K$11.6M 990 PDF
FY2023 $1.3M$99K$1.2M$11.2M 990 PDF
FY2022 $11.0M$88K$10.9M$10.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $465,661 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $398,453$465,661
I-11 Other revenue$0
I-12 Total revenuePrior year $398,453$465,661
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $14,017$4,100
I-18 Total expensesPrior year $14,017$4,100
I-19 Revenue less expensesPrior year $384,436$461,561
Part VI · Governance 2 of 2 board members independent, 4 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $465,661 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeExcluded from tax $465,661$465,661
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $465,661$465,661
Part IX · Statement of functional expenses $4,100 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $4,000$4,000
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $100$100
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $4,100 · Fundraising $0$4,100
Part X · Balance sheet $12,047,300 assets, 16 lines filed
Asset lines not itemized here account for $10,069,201; see the IRS return.
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $1,497,438$1,959,099
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $19,000$19,000
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $11,585,639$12,047,300
X-26 Total liabilitiesStart of year $0$100
X-32 Total net assets or fund balancesStart of year $11,585,639$12,047,200
X-33 Total liabilities and net assetsStart of year $11,585,639$12,047,300
Part XI · Reconciliation of net assets $12,047,200 net assets at year end
XI-1 Total revenue$465,661
XI-2 Total expenses$4,100
XI-3 Revenue less expenses$461,561
XI-4 Net assets at start of year$11,585,639
XI-10 Net assets at end of year$12,047,200

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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