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Dechomai Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061676688 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

Overview

What is Dechomai Foundation Inc?

Dechomai Foundation Inc is a national donor-advised fund based in Jacksonville, Florida, with the address 3713 Pine Street, 32205. This nonprofit organization specializes in receiving, managing, and liquidating non-cash asset contributions. Dechomai also offers charitable gift annuities, encouraging donors to suggest public charities as recipients of grants and expand their charitable giving. The mission of Dechomai Foundation Inc is to serve as a platform for donors to recommend charities and increase their charitable impact.


Official website here: www.dechomai.org

Is Dechomai Foundation Inc legitimate?

Dechomai Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dechomai Foundation Inc 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.

Here 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


Official website here: www.dechomai.org

What is the mission statement of Dechomai Foundation Inc?

The Dechomai Foundation Inc functions as a national donor-advised fund, facilitating the management and liquidation of non-cash asset contributions. The organization encourages donors to propose public charities for grant receipt and promotes increased charitable giving. The mission of the Dechomai Foundation is to serve as a national donor-advised fund that receives, manages, and liquidates non-cash asset contributions, providing charitable gift annuities. Donors are urged to suggest public charities as grant recipients and expand their charitable giving.


Official website here: www.dechomai.org

Who is the CEO of Dechomai Foundation Inc?

Bryan Clontz is the Board President of Dechomai Foundation Inc.


Official website here: www.dechomai.org

What is the revenue of Dechomai Foundation Inc?

Dechomai Foundation Inc's revenue in 2022 was $12,744,609.


Official website here: www.dechomai.org

Who are the executives of Dechomai Foundation Inc and what are their salaries?

Here are 5 key members and their salaries:

    Gregory Dyer (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Vansandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Tombs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Cofield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Josey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dechomai.org

    Where can I find the form 990 for Dechomai Foundation Inc?

    The Dechomai Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dechomai.org

    Learn more at the official website: www.dechomai.org

    Mission Statement of Dechomai Foundation Inc

    Dechomai Foundation Inc, a national donor-advised fund, is dedicated to receiving, managing, and liquidating non-cash asset contributions. The organization encourages donors to recommend public charities to receive grants, thereby increasing charitable giving. Dechomai Foundation's mission is geared towards facilitating the charitable process for donors. It serves as a bridge between donors and various public charities, enabling them to make a significant impact through their contributions.

    By providing charitable gift annuities, Dechomai Foundation assists donors in turning their non-cash assets into a source of income. This unique approach allows donors to make larger charitable contributions than they might have otherwise. At the same time, they can receive steady payments for the remainder of their lives. In essence, Dechomai Foundation helps donors maximize their charitable giving while also addressing their financial needs.

    The role of Dechomai Foundation extends beyond simply managing donations. It empowers donors by offering them the flexibility to select the public charities they wish to support. By providing this choice, Dechomai Foundation enables donors to align their charitable giving with their personal values and interests. This personalized approach allows for a more meaningful and impactful giving experience.

    Impact

    This information is meant to be a general summary of Dechomai Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Dechomai Foundation Inc's impact lies in efficiently managing and liquidating non-cash asset contributions to provide charitable gift annuities. By encouraging donors to recommend specific public charities to receive grants, the foundation facilitates increased charitable giving. Through this process, Dechomai Foundation Inc plays a crucial role in channeling resources to various philanthropic causes, ultimately making a positive difference in the communities it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-27,754,255
  • Program Service Revenue: $0
  • Gross Receipts: $65,045,406

    • Assets and Liabilities:
  • Total Assets: $242,886,303
  • Total Liabilities: $95,770,376
  • Net Assets: $147,115,927
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Bryan Clontz

    Main Address

    3713 PINE STREET, JACKSONVILLE, FL, 32205

    NTEE Category

    Code: T70 - Philanthropy

    If you are a representative of Dechomai Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.