donors capital fund541934032 2008 0586b7b7searchable

7/23/2019 Donors Capital Fund541934032 2008 0586B7B7Searchable

1/45

......

Form

9~

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code

(except black lung benefit trust or private foundation)

OMB No 1545-0047

2 8

Departmentf the Treasury

InternalRevenue ervice

Theorganization ayhaveo usea copy f this return o satisfy tate eportingequirements

For the 2008 calendar year, or tax year beginning

, 2008, and ending

'

B

Check fapplicable

c

Name f organ1zat1on

D

Employerdentification umber

Please se

Donors

Capital Fund,

54-1934032

~M-~""

IRS abel

Inc

or yrint

Number ndstreet or P O box

f

mail 1snotdeliveredo streetaddr)

toom/su1te

E Telephoneumber

ame hange

or pe.

See

P.O. Box

1305 (703) 535-3563

nit1aleturn specific

lnstruc

City, ownor country State ZIPcode+ 4ermination tions.

Amendedeturn

Alexandria

VA

22313

G

Gross eceipts

67, 681, 64 6.

OApplication ending

F Nameandaddress f principal fficer

H(a) s thisa group eturn or aff111ates

Yes

~N

Whitney

L.

Ball P.

0.

Box

1305

Alexandria VA 22313

H(b)Are all affiliates ncluded

Yes

lxl 01 (c)

n 4947(a)(l or

n527

If No; attacha list (see nstructions)

I

Tax-exem~t status

( 3

) ... (insert no)

J

Website:

N/A

H(c)Group xemption umber

K Typeof organization

IX

Corporation

I

Trust

I I

Assoc1at1on

I

Other

IL

earof Formation

1999

I

M Stateof legaldomicile MD

I Part I , .J

Summarv

1 Briefly describe the orgarnzat1on's m1ss1on or most s1grnf1cant act1v1t1es Si,pe_ort IRC 509(a)

(1), (2)&(3)

or9.s, which alleviate,

through education, research and private 1.n1.t.1.at1ves, society's most pervasive and radical needs, including those relating to soc

0

c

welfare, health, env.1.rorunent, economics, governance, foreign

relations,

and arts and

culture;and which encourage philanthropy

cu

c

and individual g2-ving and re~onsibili y as an answer to sociey s needs, as opposed to 9.overnmental involvemen

.

I

>

2 Check this box

0

1f he organization d1scont1nued its operations or disposed of more than 25% of its assets.

c:,

3 Number of voting members of the governing body (Part VI, line 1a)

3

9

clll

"'

4 Number of independent voting members of the governing body (Part VI, line 1b) 4

8

GI

5

Total number of employees (Part V, line 2a)

5

0

>

6 Total number of volunteers (estimate 1f necessary)

6 0

g

c(

7a Total gross unrelated business revenue from Part VIII, line 12, column (C) 7a

-183,045.

b Net unrelated business taxable income from Form 990-T, line 34 7b

-184,018.

~ ~ = - ~ ~

Prior Year

Current Year

GI

8

Contributions and grants (Part~III, li~~C~JYE~ ........

52,508,615.

41,649,571.

::,

9 Program service revenue (Part\Vlllfjine 2g)

:

GI

10

Investment income (Part VIII, cottlmn~'d\/1~ S,Z 3"97CJQ

3,340,417. -4,139,979.

GI

cc

11

Other revenue (Part VIII, columJcA), Ines 5, d,

Be,

9c, 10 '.~

id 1 e) 1,492,844.

12

Total revenue - add lines 8 thrbuah-l 1 (must eaual Part'Vtt :t

lumn (A), line 12) 57,341,876. 37,509,592.

13

Grants and s1m1lar amounts paid (Pa~~~)~~bs 1-3

44,751,001. 70,858,213.

Benefits paid to or for memberJ(ParMX-;-cotumn cA);Tine


2/45

Form 990 (2008) Donors Ca ital Fund Inc

54-1934032

Pa

Part Ill Statement of Pro ram Service Aecom lishments see 1nstruct1ons

Briefly describe the organization's m1ss1on.

SUQP~rt IRC 509 (a) (ll..t (2) & (3) orgs, which alleviate, throu.9h education, research and Q_rivate

initiatives, society's most_p~rvasive and radical needs, includi1 9 those relating: to social welfare,

_~e_fQ.1'1 19_Q, ag ' ~.'~rt Ill, Line 1 icontinued) _________________________________________

2 Did the organization undertake any s1grnf1cant rogram services during the year which were not listed on the prior

Form 990 or 990-EZ?

D Yes N

If 'Yes,' describe these new services on Schedule O

3 Did the organization cease conducting, or make s1grnf1cant hanges in how 1t conducts, any program services?

D

Yes N

If 'Yes,' describe these changes on Schedule O

4 Describe the exempt purpose achievements for each of the organization's three largest program services by expenses Section 501 c)(3)

and 501 c)(4) organizations and section 4947(a)(l) trusts are required to report the amount of grants and allocations to others, the total

expenses, and revenue, 1f any, for each program service reported

4a(Code )(Expenses$ 70,878,798. includinggrantsof $ 70,858,213.)(Revenue $ 32,180,868.)

SuQPort IRC 509(a) (1)_& 509(a) (2)_oz~L which alleviateL throu.9h ________________

education, research and private initiatives, society s most pervasive and radical needs, including those relating to soci

welfare, health, environment, economics, governance, foreign relations, and arts and culture;and which encourage philanthropy

and individual cativing_ and rese_onsibilitx as an answer to socie )':s needs, as oeposed to governmental involvement.

4b (Code

____ ) (Expenses $ _______ _

1nclud1ng rants of $ ________ ) (Revenue $ _______

4c (Code

____ ) (Expenses $ ________ including grants of $ ________ ) (Revenue $ _______

----------------------------

--------------------------------------

-------------------------------------

-----------------------------

----------------------------------------------------------------

------------------------------------------------------------

------------------------------------- -----------------------------

--------------------------------------

----------------------------

-------------------------------------

-----------------------------

-------------------------------------

-----------------------------

-------------------------------------

-----------------------------

4d Other program services (Describe in Schedule O )

(Expenses $ including grants of $ ) (Revenue $

4 e Total program service expenses .... $ 7 0 , 8 7 8 , 7 9 8

Must equal Part IX, Lme 25, column

B) )

BAA

TEE AO102 12/24108

Form 990 (


3/45

Form

990

(2008)' Donors Caoi tal Fund, Inc

54-1934032

IPart IV

I

Checklist of Required Schedules

1

Is the organization described in section 501 (c)(3) or 4947(a)(l) (other than a private foundation)' If Yes, complete

Schedule A

2 Is the organization required to complete Schedule 8, Schedule of Contributors'

3 Did the organization engage in direct or indirect political campaign act1v1t1es n behalf of or in oppos1t1on o candidates

for public office? If Yes, complete Schedule C, Part I

4 Section 501 c) 3) organizations. Did the organization engage 1n obbying act1v1ties? If Yes, complete Schedule

C

Part II

5 Section 501 c) 4), 501 c) S), and 501 c) 6) organizations.

Is the organization subJect to the section 6033(e) notice and

Pa

Yes

1

x

2

x

3

4

reporting requirement and proxy tax' If Yes, complete Schedule

C,

Part Ill

,___5- --- --

6

Did the organization maintain any donor advised funds or any accounts where donors have the right to provide advice

on the d1stribut1on or investment of amounts in such funds or accounts? If Yes, complete Schedule D, Part I

7

Did the organization receive or hold a conservation easement, including easements to preserve open space, the

environment,

historic land areas or historic structures? If 'Yes,' complete Schedule D, Part II

8

Did the organization maintain collections of works of art, historical treasures, or other s1m1larassets' If 'Yes,'

complete Schedule D, Part Ill

9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X,

or provide credit counseling, debt management, credit repair, or debt negot1at1onservices? If Yes, complete

Schedule D, Part IV

10

Did the organization hold assets 1n erm, permanent, or quasi-endowments? If Yes, complete Schedule D, Part V

11

Did the organization report an amount in Part X, Imes 10, 12, 13, 15, or 25? If Yes, complete Schedule D, Parts VI,

VII, VIII, IX, or X

as

appltcable

12

Did the organization receive an audited financial statement for the year for which 1t 1s completing this return that was

prepared in accordance with GAAP? If Yes, complete Schedule D, Parts XI, XII, and XIII

13 Is the organization a school described in section 170(b)(l )(A)(11)? If Yes, complete Schedule E

14a Did the organization maintain an office, employees, or agents outside of the US ?

b

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmak1ng, fundra1s1ng,

business, and program service

activ1t1esoutside the U S.'

If Yes, complete Schedule F, Part I

15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization

or entity located outside the United States'

If Yes, complete Schedule F, Part II

16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to

1nd1v1dualsocated outside the United States' If Yes, complete Schedule F, Part Ill

17 Did the organization report more than $15,000 on Part IX, column (A), line l le' If Yes, complete Schedule G, Part I

18 Did the organization report more than $15,000 total on Part VIII, Imes le and Sa' If 'Yes,' complete Schedule G, Part II

19

Did the organization report more than $15,000 on Part VIII, line 9a'

If Yes, complete Schedule

G,

Part Ill

20

Did the organization operate one or more hospitals? If Yes, complete Schedule H

21

Did heorganizationeportmore han$5,000 n Part X, columnA), ine

P

If Yes, omplete chedule, Parts and I

22

Did heorganizationeportmore han$5,000 n Part X,column A), ine2? f Yes, omplete chedule, Parts and ll

23 Did the organization answer 'Yes' to Part VII, Section A, questions 3, 4, or 5' If 'Yes,' complete

Schedule J

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000

as of the last day of the year, and that was issued after December 31, 2002' If Yes, answer questions 24b-24d and

complete Schedule K. If No, go to question 25

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception'

6 X

7

8

9

10 X

11

X

12 X

13

14a

14b

15

16

17

18

19

20

21 x

22

23 X

24a

24b

c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease

any tax-exempt bonds'

1--24_c--+---+

d

Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year'

1--24_d--+---+

25 a Section 501 c) 3) and 501 c) 4) organizations. Did the organization engage 1n an excess benefit transaction with a

d1squalif1ed person during the year? If Yes, complete Schedule L, Part I

b Did the organization become aware that 1t had engaged 1n an excess benefit transaction with a d1squalif1edperson from

a prior year? If Yes, complete Schedule L, Part I

26

Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or

disqualified person outstanding as of the end of the organization's tax year? If Yes, complete Schedule L, Part II

27

Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, or substantial

contributor, or to a person related to such an md1v1dual' If Yes, complete Schedule L, Part Ill

BAA

TEEA0103 10113/08

25a

25b

26

27

Form

990

(2


4/45

Form990(2008)' Donbrs Capital Fund, Inc

54 1934032

I

Part IV

I

Checklist of Required Schedules (continued)

28 Dunng the tax year, did any person who 1sa current or former officer, director, trustee, or key employee

a

Have a direct business relat1onsh1pwith the organization (other than as an officer, director, trustee, or employee),

or an indirect business relat1onsh1p hrough ownership of more than 35% in another entity (1nd1v1dually r collectively

with other person(s) listed in Part VII, Section A)?

If

'Yes,

complete Schedule L, Part IV

b Have a family member who had a direct or indirect business relationship with the organization? If Yes, complete

Schedule L, Part IV

c Serve as an officer, director, trustee, key employee, partner, or member of an entity (or a shareholder of a professional

corporation) doing business with the organization?

If Yes, complete Schedule L, Part IV

29 Did the organization receive more than 25,000 in non-cash contnbut1ons? If 'Yes,' complete Schedule M

30 Did the organization receive contnbut1ons of art, h1stoncal treasures, or other s1m1larassets, or qualified conservation

contnbut1ons?

If

'Yes,'

complete Schedule M

31 Did the organization l1qu1date, erminate, or dissolve and cease operations? If 'Yes,' complete Schedule N, Part I

32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If 'Yes,' complete

Schedule N, Part II

33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections

301 7701-2 and 301 7701-3?

If

'Yes,'

complete Schedule

R,

Part

I

4

Was the organization related to any tax-exempt or taxable entity? If 'Yes,' complete Schedule R, Parts II, Ill, IV, and V,

/me 1

35

Is any related organization a controlled entity w1th1n he meaning of section 512(b)(l3)?

If

'Yes,'

complete Schedule R,

Part V, /me 2

36 Section 501 c) 3) organizations. Did the organization make any transfers to an exempt non-charitable related

organization? If Yes, complete Schedule R, Part V, /me 2

37 Did the organization conduct more than 5% of its act1v1t1eshrough an entity that 1snot a related organization and that 1s

treated as a partnership for federal income tax purposes? If Yes, complete Schedule R, Part VI

BAA

TEEA0104 12118/08

Pa

Yes

28a

28b

28c

29 x

30

31

32

33

x

4

x

35 x

36

37

Form 990 (2


5/45

Form

99

(2008)' Donors Caoi tal Fund, Inc

54-1934032

I

Part V IStatements Reaardina Other IRS Filinas and Tax Compliance

1

a Enter the number reported in Box 3 of form 1096, Annual Summary and Transmittal of U S

Information Returns Enter -0- 1fnot applicable

b Enter the number of Forms W-2G included in line la. Enter -0- 1f not applicable

I~:I

c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming

(gambling) winnings to prize winners?

2

a Enter he number f employeeseported n FormW-3,Transmittal f Wage ndTaxStatements,iled or the

calendar earendingwithor within heyearcovered y his return

2b

If at least one 1s reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of Imes 1a and 2a 1sgreater than 250, you may be required to e-f1lethis return. (see 1nstruct1ons)

3a Did the organization have unrelated business gross income of $1,000 or more during the year covered by

this return?

b If 'Yes' has 1t iled a Form 990-T for this year?

If No, provide an explanation m Schedule O

4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a

financial account in a foreign country (such as a bank account, securities account, or other financial account)

7

0

0

1c

-

',

0

\r'

2b

3a

3b

4a

b

If 'Yes,' enter the name of the foreign country.

_B_e_r_rn_u_d'-a'------------------------i

See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and

F1nanc1alAccounts

It

Sa

Was the organization a party to a proh1b1ted ax shelter transaction at any time during the tax year?

Sa

b

Did any taxable party notify the organization that 1twas or 1sa party to a proh1b1tedax shelter transaction?

Sb

c If 'Yes,' to question 5a or 5b, did the organization file Form 8886-T, Disclosure by Tax-Exempt Entity Regarding

Proh1b1ted ax Shelter Transaction?

Sc

6a

Did the organization solicit any contributions that were not tax deductible?

6a

b

If 'Yes,' did the organization include with every solic1tat1onan express statement that such contributions or gifts were not

deductible?

6b

7 Organizations that may receive deductible contributions under section 170 c).

Did the organization provide goods or services 1nexchange for any quid pro quo contribution of more than $75? 7a

b

If 'Yes,' did the organization notify the donor of the value of the goods or services provided? 7b

c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which 1twas required to file

Form 8282?

7c

f'

f

d If 'Yes,' 1nd1catehe number of Forms 8282 filed during the year

I

7dl

~-~--------;~

e Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal

benefit contract?

f

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

g

For all contributions of qualified intellectual property, did the organization file Form 8899 as required

7

h

For all contributions of cars, boats, airplanes, and other vehicles, did the organization file a Form 1098-C as required?

8

Section S01 c) 3) and other sponsoring organizations maintaining donor advised funds and section S09 aX3)

supporting organizations. Did the supporting organization, or a fund maintained by a sponsoring organization, have

excess business holdings at any time during the year?

9 Section S01 cX3) and other sponsoring organizations maintaining donor advised funds.

a Did the organization make any taxable d1stribut1onsunder section 4966?

bDid the organization make any d1stribut1on o a donor, donor advisor, or related person?

10 Section S01 cX7) organizations. Enter:

a lnit1at1on ees and capital contributions included on Part VIII, line 12

b Gross Receipts, included on Form 990, Part VIII, line 12, for public use of club fac11it1es

11 Section S01 cX12) organizations. Enter

a Gross income from other members or shareholders

7e

7f

7g

7h

r

''

8

9a

9b

Pa

Yes

x

x

x

x

'

I I

Gross income from other sources (Do not net amounts due or paid to other sources against

amounts due or received from them)

L.:.11..:....=b_ _________ ,__

t---+----

12a Section 4947 aX1) non-exempt charitable trusts.

Is the organization filing Form 990 in lieu of Form 1041?

b If 'Yes,' enter the amount of tax-exempt interest received or accrued during the year

I 12bJ

12a

BAA

Form

99

(2

TEEA0105 04/08/09


6/45

Form990(2008)

0

Donors Ca ital Fund Inc 54-1934032 Pa

Part VI Governance Management and Disclosure

(Sections A, B and C request mformat,on about po/Jc,es n

reqwred by the Internal Revenue Code.)

Section A Governing Body and Management

For each Yes response to Imes 2-7b below, and for a No response to Imes 8 or 9b below, descnbe the c,rcumstances,

processes, or changes m Schedule O See mstruct1ons.

1a

Enter the number of voting members of the governing body ~_1_at9________

b

Enter the number of voting members that are independent --1.c...::;.b- -8::..________

1

Did any officer, director, trustee, or key employee have a family relat1onsh1por a business relat1onsh1pwith any other

officer, director, trustee or key employee? . .

3 Did the organization delegate control over management duties customarily performed by or under the direct superv1s1on

of officers, directors or trustees, or key employees to a management company or other person?

4

Did the organization make any s1gnif1cantchanges to its organizational documents

since the prior Form 990 was filed?

5 Did the organization become aware during the year of a material d1vers1on f the organization's assets?

6 Does the organization have members or stockholders?

7 a Does the organization have members, stockholders, or other persons who may elect one or more members of the

governing body? .

b Are any dec1s1onsof the governing body subJect to approval by members, stockholders, or other persons?

8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by

the following

a

The governing body

7

b

Each committee with authority to act on behalf of the governing body?

9a

Does the organization have local chapters, branches, or affiliates?

b

If 'Yes,' does the organization have written policies and procedures governing the act1v1t1es f such chapters, aff1l1ates,

and branches to ensure their operations are consistent with those of the organization?

10

Was a copy of the Form 990 provided to the organization's governing body before 1t was filed? All organizations must

describe in Schedule O the process, 1f any, the organization uses to review the Form 990

11

Is there any officer, director or trustee, or key employee listed in Part VII, Section A, who cannot be reached at the

organization's mailing address? If Yes, provide the names and addresses m Schedule O

Section B. Policies

12a Does the organization have a written conflict of interest policy? If No, go to /me 13

b

Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise

to conflicts?

c Does the organization regularly and consistently monitor and enforce compliance with the policy?

If Yes. descnbe m

Schedule O how this

is

done

13

Does the organization have a written wh1stleblower policy?

14

Does the organization have a written document retention and destruction policy?

15

Did the process for determining compensation of the following persons include a review and approval by independent

persons, comparability data, and contemporaneous substant1at1on f the del1berat1onand dec1s1on

a

The organization's CEO, Executive Director, or top management off1c1al?

b

Other officers of key employees of the organization?

Describe the process 1nSchedule O (see 1nstruct1ons)

16a

Did the organization invest in, contribute assets to, or part1c1pate n a Joint venture or s1m1lararrangement with a taxable

entity during the year?

Yes

;:

2

3

4

5

6

7a

7b

Ba

x

Sb

x

9a

9b

10

11

Yes

12a

x

12b

x

12c

x

13

x

14

x

'"'""

15a

15b

16a

"'

If 'Yes,' has the organization adopted a written policy or procedure requiring the organization to evaluate its partic1pat1on

1nJoint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization's exempt

status with reseect to such arranf; ements?

16b

Section C. Disclosures

17

List the states with which a copy of this Form 990 1s equired to be filed See States Form 990 Filed In _______________

18 Section 6104 requires an organization to make its Forms 1023 (or 1024 1f applicable), 990, and 990-T (501 c)(3)s only) available for pub

inspection Indicate how you make these available Check all that apply

O

Own website

O

Another's website IK]Upon request

19 Describe 1nSchedule O whether (and 1f so, how) the organization makes its governing documents, conflict of interest policy, and f1nanc

statements available to the public

20

State the name, physical address, and telephone number of the person who possesses the books and records of the organization

_t_b,~ _O.fg< _nJ?:~t_i.9~ _____ t_h~_9 :qanizat on' s_ Address __________________ (703)_535-3_?

BAA Form 990 (2

TEEA0106 12118/08


7/45

Form990 (2008)

Donors Ca ital Fund Inc 54-1934032

Pa

Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated

Employees, and Independent Contractors

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1

a

Complete this table for all persons required to be listed. Use Schedule J-2 1fadditional space 1s needed.

List all of the orgarnzat1on'scurrent officer~ directors, trustees (whether ind1v1duals r orgarnzat1ons), regardless of amount of

compensation, and current key employees Enter -u in columns (D), (E), and (F) 1f no compensal1on was paid

List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who

received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) or more than $100,000 from the organization and an

related organizations

List all of the orgarnzat1on's former officers, key employees, and highest compensated employees who received more than $100,000 o

reportable compensation from the organization and any related organizations.

List all of the organization's

former directors or trustees

that received, in the capacity as a former director or trustee of the

orgarnzat1on, more than $10,000 of reportable compensation from the organization and any related organizations

List persons in the following order ind1v1dualrustees or directors; institutional trustees; officers, key employees; highest compensated

employees; and former such persons

txl

Check this box 1f he organization did not comoensate anv officer, director, trustee, or key employee

A)

B)

(c)

D)

E)

F)

Name and Title

Average Position (check all that apply)

Reportable

Reportable Estimated

hours

compensation from compensation from amount of othe

per week

ii:,

5

,...

,,

the or~1zat1on

related o~arnzat,ons

com pensat,on

'

.:


8/45

Form990(2008)'Dono:r's Capital Fund, Inc 54-1934032 Pa

I Part VII I Section A. Officers. Directors. Trustees. Kev Emplovees. and Hiahest Comoensated Emolovees con

(A) (8) (c) (D) (E) (F)

Name and Title

Average Position (check all that apply)

hours t--~--~~-~-1

per wee~S?[ a g

~

e-c:en'


9/45

F

orm

990 (2008) D

onors

c

apita

l

Fun

d

'

Inc

54- 493 032

Pa

Part VIII

I

Statement of Revenue

(A)

(8)

(C)

(D)

Total revenue

Related or

Unrelated

Revenue

*

exempt

business

excluded from

''

function

under sectio

evenue

revenue

512, 513, or 5

l j

1 a Federated campaigns

la 0.

:~

b Membership dues

lb o.

*

" ::z:

s1m1larmounts ot ncluded bove

1f

40,122,071.

lll5

"''

> >

-c

g Noncash ontnbns ncludedn Ins a-lf:

$ 1,473,747.

z

8ci:

h Total. Add lines 1a-1 f

..

1,649,571.


10/45

Form 990 (2008) Donors Ca ital Fund Inc

54-1934032 Pag

Section 501(cX3) and 501(cX4) organizations must complete all columns.

All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).

Do not include amounts ifaorted on lines

(A)

(B)

(C)

(D)

Total expenses

Program service

Management and Fundra1s1ng

6b, 7b, Sb, 9b, and 10b of ilrf Vlll

expenses

general expenses expenses

1

Grants and other assistance to governments

m j,

.-,

.t~~

- :.t

nd organizations in the U.S

See Part IV,

'

.

y < \ )

line 21

70,858,213.

70,858,213.

''

'~~;cy -

2

Grants and other assistance to ind1v1duals n

,-s,f..

.

--

.. '1: -

covered above (Expenses grouped together

: ?'

'

' A:

(':


11/45

F 990 (2008) D

rm

onors Capital

Fund,

Inc

54-1934032

Pag

I PartX

I Balance Sheet

(A)

(B)

Beginning of year

End of year

1

Cash - non-interest-bearing

1

2

Savings and temporary cash investments

58,537,580. 2

28,641,298.

3

Pledges and grants receivable, net

3

4

Accounts receivable, net

4

5

Receivables from current and former officers, directors, trustees, key employees,

or other related parties. Complete Part II of Schedule L 5

6

Receivables from other d1squalif1edpersons (as defined under section 4958(f)(l))

'

'

4

i

t

,_

,,

A

and persons described m section 4958(c)(3)(B) Complete Part II of Schedule L

6

s

7

Notes and loans receivable, net

7

s

E

8

Inventories for sale or use

8

T

s

9

Prepaid expenses and deferred charges

9

10a Land, buildings, and equipment: cost basis

J '1

,_

t

>.

ef

,,

,:

1

4

"

),

b Less: accumulated deprec1at1on Complete Part VI of

'0

ti

'

'

'ii,

J

' '

Schedule D

10c

0b

11

Investments - publicly-traded securities

20,538,897.

11

14,516,679.

12

Investments - other securities. See Part IV, line 11

12

13

Investments - program-related. See Part IV, line 11

13

14

Intangible assets

14

15 Other assets. See Part IV, line 11

16,126,604.

15

12, 448, 07

16

Total assets Add Imes 1 throuqh 15 (must eaual line 34)

95,203,081.

16

55,606,048.

17

Accounts payable and accrued expenses

112, 857. 17

112,000

18 Grants payable

18

19 Deferred revenue

19

L

20 Tax-exempt bond l1ab1l1t1es

20

A

21

Escrow account liability. Complete Part IV of Schedule D

21

I

22

Payables to current and former officers, directors, trustees, key employees,

,

'**

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