The Drg Foundation

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

EIN: 463699756 ✦ Corte madera, CA ✦ Designated as a 501(c)(3)

Overview

What is The Drg Foundation?

The Drg Foundation is a philanthropic organization situated in Corte Madera, California (CA 94925). Committed to fostering academic, athletic, and artistic pursuits among Bay Area students, they grant financial aid to Marin Catholic High School in Marin, California, San Domenico School in San Anselmo, California, and the University of Miami in Miami, Florida. The foundation specifically allocates these funds for student scholarships. Furthermore, they support various art and athletic programs and contribute to enhancing related facilities within the San Francisco Bay Area. Notably, they recently provided two grants totaling $55,000 to aid one school in hiring an art teacher and a resource teacher.


Official website here: www.thedgfoundation.org

Is The Drg Foundation legitimate?

The Drg Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Drg 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.

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.thedgfoundation.org

What is the mission statement of The Drg Foundation?

The Drg Foundation is committed to supporting academically, athletically, and artistically inclined students in various Bay Area institutions. They offer financial aid through scholarships to Marin Catholic High School in Marin, California, San Domenico School in San Anselmo, California, and the University of Miami in Miami, Florida. Beyond scholarships, the foundation also invests in enhancing art and athletic programs and facilities across the San Francisco Bay Area. Their mission is geared towards empowering these gifted students to excel in their chosen fields.


Official website here: www.thedgfoundation.org

Who is the CEO of The Drg Foundation?

Richard Ghilotti is the President of The Drg Foundation.


Official website here: www.thedgfoundation.org

What is the revenue of The Drg Foundation?

The Drg Foundation's revenue in 2022 was $986,039.


Official website here: www.thedgfoundation.org

Who are the executives of The Drg Foundation and what are their salaries?

Here are 9 key members and their salaries:

    Richard Ghilotti (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Choma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Ghilotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rochelle Ghilotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Ghilotti Mandel (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Mandel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Cappiello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Fiel (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Whitney Stoner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thedgfoundation.org

    Where can I find the form 990 for The Drg Foundation?

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


    Official website here: www.thedgfoundation.org

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

    Mission Statement of The Drg Foundation

    The Drg Foundation is committed to providing financial aid to students in the Bay Area who exhibit a strong passion for academics, athletics, and the arts. This nonprofit organization distributes grants to three educational institutions: Marin Catholic High School in Marin, California, San Domenico School in San Anselmo, California, and the University of Miami in Miami, Florida. These grants are primarily allocated for student scholarships. Beyond scholarships, The Drg Foundation also supports artistic and athletic programs at these institutions and contributes to enhancing their corresponding facilities. The organization's dedication extends beyond these specific schools, as it also supports art and athletic programs throughout the San Francisco Bay Area, aiming to enrich the educational and extracurricular experiences of countless students.

    Impact

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




    Saturday, July 20, 2024

    The Drg Foundation's impact is felt primarily in the Bay Area educational community, where it provides essential financial support to students who demonstrate dedication and talent in academics, athletics, and the arts. Through grants allocated to schools such as Marin Catholic High School, San Domenico School, and the University of Miami, the foundation enables deserving students to pursue their passions through scholarships. In addition, the foundation supports art and athletic programs, as well as enhancements to art and athletic facilities throughout the San Francisco Bay Area. The organization's commitment to fostering well-rounded educational experiences and opportunities for aspiring students is a testament to its dedication to empowering the next generation of leaders in various fields.





    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: $845,165
  • Program Service Revenue: $0
  • Gross Receipts: $6,858,513

    • Assets and Liabilities:
  • Total Assets: $7,239,511
  • Total Liabilities: $0
  • Net Assets: $7,239,511
  • Organization Details

    Founding Year

    2013

    Principal Officer

    Richard Ghilotti

    Main Address

    206 Baltimore Avenue, Corte Madera, CA, 94925

    NTEE Category

    Code: Z99 - Unknown

    If you are a representative of The Drg Foundation 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.