Overview
What is The Dedman Dietz Family Foundation?
The Dedman Dietz Family Foundation is a charitable organization based in Dallas, Texas. It primarily focuses on grant-making, channeling its resources to organizations exempt from federal income tax, such as the Communities Foundation of Texas, and other eligible beneficiary organizations. The foundation's purpose aligns with Section 501(C)(3) of the U.S. tax code, supporting initiatives in areas like religion, education, scientific research, medical services, literature, and animal welfare. The foundation's mission is to aid and support these organizations, with a primary emphasis on benefiting the communities in Texas and its surrounding states, ultimately contributing to the well-being of mankind.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.
The Dedman Dietz Family Foundation has received a low rating of 40% from Charity Navigator, indicating significant concerns about its overall performance and transparency. While the foundation excelled in areas such as Accountability & Finance, with a perfect score of 100%, it fell short in critical areas related to its operational practices. The lack of a whistleblower policy and missing document retention and destruction protocols reflect weaknesses in governance practices that may hinder organizational accountability.
Despite having an independent board and no recorded material diversion of assets, the foundation's program expense ratio is notably low at 38.21%, suggesting that a smaller portion of its expenses is directed towards its charitable programs. This could raise questions about the effectiveness of its initiatives and overall impact in the community it serves.
The foundation must address its policy gaps and improve its allocation of resources towards programs to enhance its credibility and effectiveness. Stakeholders may want to consider these factors when evaluating the foundation's potential contributions and overall mission fulfillment.
This AI summary has been generated from information found on Charity Navigator.
Is The Dedman Dietz Family Foundation legitimate?
The Dedman Dietz Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dedman Dietz Family Foundation 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:
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What is the mission statement of The Dedman Dietz Family Foundation?
The Dedman Dietz Family Foundation is established with the primary goal of supporting organizations that operate for religious, charitable, scientific, medical, literary, and educational purposes, or those that work towards preventing cruelty to children or animals. The foundation primarily aims to benefit the Communities Foundation of Texas and other eligible organizations, which fall under Section 501(C)(3) of the U.S. tax code and are described in Section 509(A)(1) or 509(A)(2) of the code. The foundation's mission is to make grants to these organizations, with the aim of promoting well-being primarily in Texas and adjacent states, contributing to various causes and helping prevent cruelty to children and animals in an effective manner.
Who is the CEO of The Dedman Dietz Family Foundation?
Jonathan Dedman Dietz is the Chair Of Board/Director of The Dedman Dietz Family Foundation.
What is the revenue of The Dedman Dietz Family Foundation?
The Dedman Dietz Family Foundation's revenue in 2022 was -$47,689.
Who are the executives of The Dedman Dietz Family Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for The Dedman Dietz Family Foundation?
The Dedman Dietz Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Dedman Dietz Family Foundation
The Dedman Dietz Family Foundation, as outlined in its purpose, operates with a focus on supporting charitable, religious, scientific, medical, literary, and educational causes, as well as preventing cruelty towards children and animals. In line with its mission, the foundation primarily aims to provide grants to organizations that fall under Section 501(C)(3) of the U.S. tax code, specifically those classified as Section 509(A)(1) or 509(A)(2), and have a mandate to support similar causes. The foundation's ultimate goal is to assist, encourage, and promote the well-being of mankind, primarily in Texas and its neighboring states. By doing so, The Dedman Dietz Family Foundation seeks to contribute to the betterment of various communities through its generous grant-making activities.
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Impact
October, 2024
The Dedman Dietz Family Foundation significantly impacts communities primarily in Texas and the surrounding regions by providing essential support for a wide range of charitable, educational, scientific, and medical initiatives. The Foundation's focus on making grants to the Communities Foundation of Texas and other qualified organizations enables it to contribute to the welfare of mankind while addressing critical issues such as the prevention of cruelty to children and animals.
Through financial assistance, the Foundation promotes the well-being of various communities, ensuring that necessary resources are allocated to organizations dedicated to improving lives. By aligning its mission with impactful beneficiary organizations, the Dedman Dietz Family Foundation fosters a collaborative environment that enhances social and educational opportunities, ultimately uplifting communities and creating a lasting positive influence. Its commitment to these causes underlines a dedication to philanthropy and community development, making a meaningful difference in the lives of many.
This information is meant to be a general summary of The Dedman Dietz Family Foundation. 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: -$51,691
- Gross Receipts: $160,976
Assets and Liabilities:
- Total Assets: $5,851,358
- Total Liabilities: $0
- Net Assets: $5,851,358
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Organization Details
Founding Year
2018
Phone
(214) 232-3024Principal Officer
Jonathan Dedman Dietz
Main Address
5500 PRESTON ROAD SUITE 250, DALLAS, TX, 75205
NTEE Category
Code: T11 - Philanthropy
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