Totals
- Total revenue
- $10,659,199
- Total expenses
- $3,434,711
- Contributions and grants received
- $7,300,442
- Grants paid
- $3,032,326
- Program service revenue
- $0
- Investment income
- $3,358,757
- Other revenue
- $0
- Total assets, end of year
- $77,176,320
- Total liabilities, end of year
- $5,129,914
- Net assets or fund balances, end of year
- $72,046,406
- Program services expenses (Part IX)
- $3,032,326
- Management and general expenses
- $402,385
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,032,326
Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$7,118,809
-
1f · All other contributions, gifts and grants
$181,633
-
1g · Noncash contributions included above
$9,865
-
3 · Investment income
total $1,852,162 · unrelated business $3,674 · excluded $1,848,488
-
7a · Gross sales of assets other than inventory
securities $6,186,865
-
7b · Less cost or other basis and sales expenses
securities $4,680,270
-
7c · Gain or loss
securities $1,506,595
-
7d · Net gain or loss
total $1,506,595 · excluded $1,506,595
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,032,326 · program services $3,032,326
-
11c · Fees: accounting
total $29,931 · management and general $29,931
-
11f · Fees: investment management
total $372,454 · management and general $372,454
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $162,444 · end of year $5
-
2 · Savings and temporary cash investments
beginning of year $1,449,001 · end of year $278,727
-
3 · Pledges and grants receivable
beginning of year $5,752,117 · end of year $3,606,196
-
11 · Investments: publicly traded securities
beginning of year $10,898,379 · end of year $13,020,893
-
12 · Investments: other securities
beginning of year $54,923,701 · end of year $60,270,499
-
25 · Other liabilities
beginning of year $9,552,446 · end of year $5,129,914
-
27 · Net assets without donor restrictions
beginning of year $58,702,140 · end of year $68,976,027
-
28 · Net assets with donor restrictions
beginning of year $4,931,056 · end of year $3,070,379
Mission and programs · 2022
Mission
THE FOUNDATION IS ORGANIZED TO OPERATE SOLELY AND EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT, OR TO CARRY OUT THE PURPOSES OF DIRECT RELIEF.
Activities or mission (Part I)
TO OPERATE SOLELY AND EXCLUSIVELY FOR THE BENEFIT OF DIRECT RELIEF.
-
THE DIRECT RELIEF FOUNDATION WAS FORMED AS A SUPPORTING ORGANIZATION OF DIRECT RELIEF AND IS ORGANIZED TO OPERATE SOLELY AND EXCLUSIVELY TO SUPPORT, BENEFIT, OR CARRY OUT THE PURPOSES OF DIRECT RELIEF. THE FOUNDATION MAINTAINS CUSTODY OF THE BOARD RESTRICTED INVESTMENT FUND (BRIF), WHICH IS A BOARD DESIGNATED ENDOWMENT. THE PURPOSE OF THE BRIF IS TO PROVIDE A RESERVE FOR CURRENT AND FUTURE OPERATIONS OF DIRECT RELIEF. THE BRIF ALSO PROVIDES FUNDING TO PAY FOR ALL OF DIRECT RELIEF'S FUNDRAISING EXPENSES AND SOME MANAGEMENT AND GENERAL EXPENSES. FOR THE YEAR ENDED JUNE 30, 2023, THE DIRECT RELIEF FOUNDATION TRUSTEES APPROVED FOR THE BRIF TO PROVIDE FUNDS TO DIRECT RELIEF TO COVER ALL OF ITS FUNDRAISING EXPENSES AS WELL AS 100% OF THE COMPENSATION OF DIRECT RELIEF'S CEO.
Expenses $3,032,326 · Grants $3,032,326
As filed on the 2022 return.
Listed in Part VII
-
Mark LinehanMARK LINEHAN
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 10 related
-
Byron Scott MDBYRON SCOTT MD
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Thomas SturgessTHOMAS STURGESS
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Siri MarshallSIRI MARSHALL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Annalisa PizzarelloANNALISA PIZZARELLO
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Harry McMahonHARRY MCMAHON
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
James SelbertJAMES SELBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Pamela GannPAMELA GANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Evan MarwellEVAN MARWELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Elizabeth Toro MD MPHELIZABETH TORO MD MPH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Mary DwyerMARY DWYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
James McGonigleJAMES MCGONIGLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Stayce D HarrisSTAYCE D HARRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Tim Wertner Through 052023TIM WERTNER THROUGH 052023
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Marla Salmon Scd RN FaanMARLA SALMON SCD RN FAAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Jamie Ruffing PhDJAMIE RUFFING PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Thomas E TigheTHOMAS E TIGHE
CHIEF EXECUTIVE OFFICER
- Total calculated
- $652,610
- From this org
- $0
- From related orgs
- $605,893
- Other
- $46,717
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $605,893 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,500 related
- Nontaxable benefits
- $0 + $32,217 related
- Filer's total
- $0 + $652,610 related
-
Dawn LongDAWN LONG
SENIOR VP, COO
- Total calculated
- $402,763
- From this org
- $0
- From related orgs
- $378,770
- Other
- $23,993
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $378,770 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,500 related
- Nontaxable benefits
- $0 + $9,493 related
- Filer's total
- $0 + $402,763 related
-
Jonathan SteinerJONATHAN STEINER
VP OF FINANCE, CFO
- Total calculated
- $329,360
- From this org
- $0
- From related orgs
- $306,062
- Other
- $23,298
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $306,062 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,500 related
- Nontaxable benefits
- $0 + $8,798 related
- Filer's total
- $0 + $329,360 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- DIRECT RELIEF FOUNDATION DOES NOT HAVE ANY PAID EMPLOYEES, AND, THEREFORE, DOES NOT HAVE A REQUIREMENT TO HAVE A COMPENSATION POLICY. THE CEO, COO & CFO ARE OFFICERS, BUT ARE NOT COMPENSATED BY DIRECT RELIEF FOUNDATION. THEY ARE COMPENSATED BY DIRECT RELIEF, A RELATED ORGANIZATION, WHICH HAS IN PLACE A COMPENSATION POLICY THAT INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, ANALYSIS OF COMPARABILITY DATA, AND DOCUMENTATION OF THE DECISION-MAKING PROCESS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$3,032,326
TO SUPPORT THE OPERATIONS OF DIRECT RELIEF
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · PROVIDES MEDICINES, EQUIPMENT AND SUPPLIES TO UNDERSERVED POPULATIONS · CA
-
DIRECT RELIEF INTERNATIONAL SOUTH AFRICA
COORDINATION OF MEDICAL SUPPORT TO AFRICAN DOCTORS AND MEDICAL CLINICS · SF
Directly controlled by DIRECT RELIEF
-
DIRECT RELIEF MEXICO
COORDINATION OF MEDICAL SUPPORT TO MEXICAN DOCTORS AND MEDICAL CLINICS · MX
Directly controlled by DIRECT RELIEF
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431319349305403
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