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THE DANICA FOUNDATION

NEW YORK, NY · EIN 262471789 · Form 990PF · FY2024 · NTEE T23 · Philanthropy & Grantmaking · Micro (<$100K)
revenue
$21K
expenses
$9K
net assets
$233K
employees
profile · synthesized from sources

The Danica Foundation is a private foundation based in New York that supports economic policy initiatives through grants to nonprofit organizations and individuals. The foundation funds a range of recipients working in economic policy, with additional support for specific research and educational projects, including the Alfred Russel Wallace Project. Its grantmaking activity is focused primarily on U.S.-based organizations.

named programs · 2 · from sources

What they call their work

Alfred Russel Wallace Project
Funds a specific research or educational initiative related to Alfred Russel Wallace, likely in the field of science or history
Economic Policy Grant Program
Supports organizations and individuals engaged in economic policy research, advocacy, and education through targeted grants
activities · 2 groups

What they do

  • General Operating Support Grants 1 activity
    • Funding economic policy initiatives and advocacy
      The Danica Foundation funds a range of organizations and individuals to support economic policy work, including advocacy, research, and programming. Recipients include United for a Fair Economy, DOLLARS & SENSE, CUNY Medical School, Graham Windham Leadership, Robert Schalkenbach Foundation, PREC, Alumni Association of City College, Oxfam, and the Fund for Reconciliation and Development.
  • Donor-Advised Fund Grantmaking 1 activity
    • Funding specific research and educational projects
      The Danica Foundation awards grants to individuals and specialized foundations for targeted research and educational efforts, such as the Alfred Russel Wallace Project and work supported by Richard Pantell and the Barth Syndrome Foundation.
financials · form 990PF · fy2024
revenue
Total revenue$21K
Contributions & grants
Program service revenue
Investment income$9K43%
Other revenue$12K
expenses
Total expenses$9K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$82K
balance sheet
Total assets$263K
Cash
Investments
Liabilities
Net assets$233K
4 years on record · 2020–2024 · YoY revenue +26.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • MARY CLEVELAND — SECRETARY, DIRECTOR
  • THOMAS HAINES DECEASED 2023 — PRESIDENT, DIRECTOR
relationships · 12

Who they work with

  • ALUMNI ASSOCIATION OF CITY COLLEGE Partner — Recipient of grant funding for economic policy activities.
  • BARTH SYNDROME FOUNDATION Partner — Recipient of grant funding for economic policy-related purposes.
  • CUNY MEDICAL SCHOOL Partner — Recipient of grant funding for economic policy initiatives.
  • DOLLARS & SENSE Partner — Recipient of grant funding for economic policy work.
  • FUND FOR RECONCILIATION AND DEVELOPMENT Partner — Recipient of grant funding for economic policy programming.
  • GRAHAM WINDHAM LEADERSHIP Partner — Recipient of grant funding for economic policy programming.
  • OXFAM Partner — Recipient of grant funding for economic policy work.
  • PREC Partner — Recipient of grant funding for economic policy initiatives.
  • RICHARD MILNER Partner — Recipient of grant funding for the Alfred Russel Wallace Project.
  • RICHARD PANTELL Partner — Recipient of grant funding for economic policy-related work.
  • ROBERT SCHALKENBACH FOUNDATION Partner — Recipient of grant funding for economic policy activities.
  • UNITED FOR A FAIR ECONOMY Partner — Recipient of grant funding for economic policy advocacy.