Dagmar Dolby Fund

Analysis

Dagmar Dolby Fund is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dagmar Dolby Fund reported income of $38.3m and spending of $7.1m, leaving 81% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $39.0m to $38.3m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income rose by 222%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dagmar Dolby Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Greater Hartford Community Foundation Inc ($38.2m), Lincoln Community Foundation Inc ($38.4m) and Masonic Charity Foundation of New Jersey ($38.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $89.2m against liabilities of $38.2m, net assets of $51.0m.