Overview
What is Dagmar Dolby Fund?
The Dagmar Dolby Fund, a California non-profit public benefit corporation, acts as a supporting organization of the Marin Community Foundation (MCF). Based in Novato, California, this charitable grantmaking organization contributes to improving the human condition in line with MCF's mission. During the fiscal year ending June 30, 2022, the Dagmar Dolby Fund granted a significant amount of $13,333,057 to various charitable causes. Engaging in philanthropic activities that align with MCF's objectives, the Dagmar Dolby Fund strives to promote a humane and democratic society, embrace diversity, and enhance the community's quality of life for present and future generations.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 80%, Three-Star out of Four Star rating.
The Dagmar Dolby Fund has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with a score of 80%. This score is entirely based on the organization’s financial health and governance practices. High marks in areas such as financial statements and material diversion of assets indicate strong oversight and compliance with best practices in nonprofit management.
The fund demonstrates commendable efficiency, with an impressive program expense ratio of 99.73%, suggesting that nearly all expenditures directly support its mission. Additionally, the organization maintains a robust working capital ratio of 2.64 years, which highlights financial stability and the ability to cover operational needs without immediate concern. Effective policies regarding conflict of interest and whistleblower protections further enhance its accountability.
However, while the financial metrics are strong, there is limited information available regarding the impact and outreach of the Dagmar Dolby Fund's programs. Future assessments may benefit from a more comprehensive evaluation of its programmatic effectiveness and community engagement to provide a fuller picture of its overall contribution.
This AI summary has been generated from information found on Charity Navigator.
Is Dagmar Dolby Fund legitimate?
Dagmar Dolby Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dagmar Dolby Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Dagmar Dolby Fund?
The Dagmar Dolby Fund is a charitable organization aligned with the philanthropic objectives of the Marin Community Foundation. They engage in charitable activities that align with the Marin Community Foundation's mission to enhance the human condition, foster diversity, and create a humane and democratic society. Their efforts aim to improve the quality of life for people, both now and for future generations. The Dagmar Dolby Fund supports various charitable initiatives that contribute to these goals.
Who is the CEO of Dagmar Dolby Fund?
Rhea Suh is the President & Ceo of Dagmar Dolby Fund. The CEO's salary of Dagmar Dolby Fund is $0 and their total compensation is $189,353.
What is the revenue of Dagmar Dolby Fund?
Dagmar Dolby Fund's revenue in 2022 was $11,873,638.
Who are the executives of Dagmar Dolby Fund and what are their salaries?
There 1 volunteer at Dagmar Dolby Fund.
Here are 8 key members and their salaries (Dagmar Dolby Fund's CEO's salary is $0 and their total compensation is $189,353):
- Compensation: $0
- Related: $559,072
- Other: $76,294
- Compensation: $0
- Related: $394,129
- Other: $73,364
- Compensation: $0
- Related: $250,948
- Other: $48,033
- Compensation: $0
- Related: $235,092
- Other: $43,808
- Compensation: $0
- Related: $185,006
- Other: $4,347
- Compensation: $0
- Related: $132,214
- Other: $33,494
- Compensation: $0
- Related: $112,135
- Other: $48,961
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dagmar Dolby Fund?
Dagmar Dolby Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dagmar Dolby Fund
The Dagmar Dolby Fund, a charitable grantmaking organization, operates under the umbrella of the Marin Community Foundation (MCF) as a supporting organization. This California-based public benefit corporation is dedicated to carrying out philanthropic activities that align with MCF's mission. MCF's mission is multifaceted, striving to enhance the human condition, embrace diversity, promote a humane and democratic society, and improve the community's overall quality of life, presently and for future generations. The Dagmar Dolby Fund embodies these ideals by engaging in charitable activities consistent with MCF's goals. By doing so, the organization plays a significant role in contributing to the greater good and bettering the lives of those in need.
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Impact
October, 2024
The Dagmar Dolby Fund significantly enhances community well-being through philanthropic efforts, particularly in Marin County, CA. In the fiscal year ending June 30, 2022, it awarded two substantial grants totaling $13,333,057. This funding is directed toward initiatives that align with the mission of the Marin Community Foundation, which focuses on improving the human condition, embracing diversity, and promoting a humane and democratic society. By facilitating these charitable activities, the Dagmar Dolby Fund plays a vital role in enhancing the quality of life for current and future generations within the community. Its support not only addresses immediate needs but also fosters long-term development and resilience in various social sectors.
This information is meant to be a general summary of Dagmar Dolby Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $212,968
- Gross Receipts: $15,308,449
Assets and Liabilities:
- Total Assets: $40,145,421
- Total Liabilities: $11,407,953
- Net Assets: $28,737,468
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Organization Details
Founding Year
2015
Phone
(415) 464-2500Principal Officer
Rhea Suh
Main Address
5 HAMILTON LANDING 200, NOVATO, CA, 94949
NTEE Category
Code: T30 - Philanthropy
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