Re and Nc Dungan Foundation Inc
Re and Nc Dungan Foundation Inc is a private foundation, based in DURHAM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36K in total assets. In 2024, it awarded 9 grants totaling $80K. Net investment income was $23K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36K
-64.4% YoY
Annual Giving
$80K
+14.3% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$9K
+1.6% YoY
Under IRS private-foundation payout rules, Re and Nc Dungan Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Re and Nc Dungan Foundation Inc
Based on IRS filings
Re and Nc Dungan Foundation Inc is a private foundation, based in DURHAM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36K in total assets. In 2024, it awarded 9 grants totaling $80K. Net investment income was $23K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,382 | $102,302 | $173,725 |
| Revenue | $23,355 | $7,890 | $29,215 |
| Expenses | $89,275 | $79,313 | $131,963 |
| Qualifying Distributions | $88,719 | $78,458 | $127,968 |
| Net Investment Income | $22,799 | $7,035 | $27,251 |
| Distributable Amount | $4,255 | $6,770 | $11,326 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Diocese of Virginia ($15,000), Episcopal Relief and Development ($15,000), St Luke's Episcopal Church ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DIOCESE OF VIRGINIA RICHMOND, VA | TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $15,000 |
| EPISCOPAL RELIEF AND DEVELOPMENT NEW YORK, NY | GENERAL SUPPORT | $15,000 |
| SCHOOL SISTERS OF NOTRE DAME BALTIMORE, MD | GENERAL SUPPORT | $5,000 |
| ST JOHN'S EPISCOPAL CHURCH CENTERVILLE, VA | GENERAL SUPPORT | $7,000 |
| ST LUKE'S EPISCOPAL CHURCH DURHAM, NC | GENERAL SUPPORT | $12,000 |
| ST PAUL'S EPISCOPAL CHURCH VISALIA, CA | GENERAL SUPPORT | $10,000 |
| THE UMRH FOUNDATION INC DURHAM, NC | GENERAL SUPPORT | $5,000 |
| UCSF - DEPARTMENT OF MELANOMA SAN FRANCISCO, CA | GENERAL SUPPORT | $5,000 |
| ASBURY METHODIST CHURCH DURHAM, NC | GENERAL SUPPORT | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RONALD E DUNGAN | PRESIDENT-TREASURER | 1 | $5,000 |
| CYNTHIA HATTEN | VICE PRESIDENT-SECRETARY | 1 | $1,000 |
Frequently Asked Questions
How large is Re and Nc Dungan Foundation Inc?
As of 2024, Re and Nc Dungan Foundation Inc holds $36K in total assets with $23K in annual revenue. It awarded 9 grants totaling $80K in 2024.
Where does Re and Nc Dungan Foundation Inc operate?
Re and Nc Dungan Foundation Inc has awarded grants in California, District of Columbia, Maryland, North Carolina, New York, Virginia.
What size grants does Re and Nc Dungan Foundation Inc award?
In 2024, Re and Nc Dungan Foundation Inc awarded 9 grants totaling $80K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Re and Nc Dungan Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Re and Nc Dungan Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Re and Nc Dungan Foundation Inc's EIN?
Re and Nc Dungan Foundation Inc's EIN (Employer Identification Number) is 54-1429536. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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