Donors Capital Fund
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OMB No 1545-0047 Form 990 Return of Organization Exempt From Income Tax 2011 Under section 501(c), 527, or 4947(aXl) of the Internal Revenue Code (except black lung benefit trust or private foundation) Department of the Treasury Internal Revenue Service The organization may have to use a copy of this return to satisfy state reporting requirements Insction""` A For the 2011 calen dar year, or tax year beginning , 2011, and ending Employer Identification Number B Check if applicable C Name of organization Donors Capital Fund, Inc D Address change Doing Business As 54-1934032 Room/ E Telephone number Name change Number and street (or P 0 box if mail is not delivered to street addr) suite Initial return P.O. Box 1305 (703) 535-3563 Terminated City, town or country State ZIP code + 4 Amended return Alexandria VA 22313 G Gross receipts $ 77, 397, 879. H(a) Is this a group return for affiliates? Application pending F Name and address of principal officer I Yes X No H(b) Are all affiliates included' Yes No Whitney L. Ball P.O. Box 1305 Alexandria VA 22313 If 'No,' attach a list (see instructions) I Tax-exempt status n 501(c)(3) 501(c) ( )4 (insert no.) 4947(a)(1) or 527 H(c) Group exemption n u m be r b" J Website: ► donorscapitalfund.org K Form of organization X Corporation Trust Association Others I L Year of Formation 1999 I M State of legal domicile VA P,art-i Summa ry 1 Briefly describe the organization's mission or most significant activities. Support I RC 509(a) (1), (2) & (3) orgs, which alleviate,through education, research and private initiatives, society's most pervasive and radical needs , including those relating to social ----- ------ ---- ----- welfare, health, environment, economics, governance, foreign relations, and arts and culture; and which encourage philanthropy E10 and individual giving and responsibility as an answer to society's needs, as opposed to governmental involvement. ------------ --- ------------- 9 (horh this hnv ' n if tha r)rnan17Atinn riicrnntinnarl its nneratinns or riisnnsed of more than 25% of its net assets. 3 Number of voting members of the governing body (Part VI, line la) 3 8 4 Number of independent voting members of the governing body (Part VI, line 1 b) 4 7 5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) 5 0 Cf 6 Total number of volunteers (estimate if necessary) 6 0 25 7a Total unrelated business revenue from Part Vlll, column (C), line 12 7a 93,828. N b Net unrelated business taxable income from Form 990-T, line 34 7b 93,828. 'Fb Prior Year Current Year ".4 8 Contributions and grants (Part VIII, line 1h) 14, 575, 630. 60,622,937. 24) 9 Program service revenue (Part VIII, line 2g) 10 Investment Income (Part Vlll, column (A), lines 3, 4, and 7d) 2, 490, 421. 1,077,8 77 . cc 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 1le) 12 Total revenue - add lines 8 through-n-(ftlust_equ artl/.ltt-cotarnn (A), line 12) 17, 066, 051. 61,700,814. 13 Grants and similar amounts paid (Part IXrrcoumnr(A), hues'19-3) 41, 100, 998. 56, 612, 510. 14 Benefits paid to or for members (fart I X, column (A), line 4) con 15 Salaries, other compensation, em loy a benefits (PartM, column(A), III Rib 5-10) urn 16a Professional fundraising fees (Par ^X, column (A), line 11e) . b Total fundraising expenses (Part IX, co -(D), Ilne 25) -^- 0. 711 17 Other expenses (Part IX, column (A)_ttiie^s_ f^i1^'d,i!Lf-24e)l_.___.. 999, 508. 769, 579. a 18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) 42, 100, 506. 57, 382, 089. 19 Revenue less expenses Subtract line 18 from line 12 -25, 034, 455. 4,318,725. Beginning of Current Year End of Year .a 20 Total assets (Part X, line 16) 32, 486, 478. 35, 671, 060. i% 21 Total liabilities (Part X, line 26) 657, 820. 104, 329. zLL 22 Net assets or fund balances Subtract line 21 from line 20 31, 828, 658. 35, 566, 731. PartII Si g nature Block Under penalties of perlury, I declare I have amined s return, including accompa mg schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete Declaration of preparer (o r a cer) is ed on all i for n of wh reparer has any knowledge Sign Signature Date Here Whitne y L. Ball, esident Type or print name and title Print/Type preparer's name Preparer's signature Paid Preparer Firm's name Use Only Fum's address May the IRS discuss this return with the preparer shown above? BAA For Paperwork Reduction Act Notice , see the separate in Form 990 (2011 ) Donors Cap ital Fund, Inc 54-1934032 Page 2 Part III Statement of Program Service Accomplishments Check if Schedule 0 contains a response to anyan question in this Part III n 1 Briefly describe the organization's mission Support IRC 509 (a) (1) , (2) & (3) orgs,_which alleviate, through education, research and private_ - - - - - - - - - - - - - - - - - - -- ------ --------- -- initiatives, society's most pervasive and radical needs, including those relating to social welfare, - -------- ---- - -------------- ----- - ----- ------- See Form 990, Page 2, Part III, Line 1 (continued) _ ----------------------------------------- 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? F] Yes [ No If 'Yes,' describe these new services on Schedule 0 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? Yes X No If 'Yes,' describe these changes on Schedule O. 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses Section 501 (c)(3) and 501 (c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported. 4a (Code. ) (Expenses $ 57, 365, 881. including grants of $ 56, 612, 510. ) (Revenue $ 0. ) Support IRC 509(a) (1) & 509(a) (2) or-9s, which alleviate, through.-________ --------------------- ------ education, research and private initiatives, society's most pervasive and radical needs, including those relating to social ------------------------------------------------------------------ welfare, health, environment, economics, governance, foreign relations, and arts and culture; and which encourage philanthropy ------------------------------------------------------------------ and individual giving and responsibilit^ras an answer to society's needs, as opposed to governmental involvement. 4b (Code ) (Expenses including grants of )(Revenue 4c (Code ) (Expenses including grants of $ )(Revenue 4d Other program services (Describe in Schedule O ) (Expenses $ including grants of $ ) (Revenue $ ) 4e Total program service expenses ► 57, 365, 881. BAA TEEAoi 02 07/05/11 Form 990 (2011) Form 990 (2011) Donors Cap ital Fund, Inc 54-1934032 Page 3 Part IV Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If 'Yes,' complete Schedule A 1 X 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 2 X 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office ? If 'Yes,' complete Schedule C, Part 1 3 X 4 Section 501 (cX3) organizations Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If 'Yes,' complete Schedule C, Part 11 4 X 5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues, assessments , or similar amounts as defined in Revenue Procedure 98-197 If 'Yes,' complete Schedule C, Part 111 5 X 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts ? If 'Yes,' complete Schedule D, Part l 6 X 7 Did the organ;zat;on receive or hold a conser at;on easement, ;nclud;ng easements to preserve open space, the environment , historic land areas or historic structures ? If 'Yes,' complete Schedule D, Part 11 7 X 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If 'Yes,' complete Schedule D, Part 111 8 X 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 negotiation services? If 'Yes,' complete Schedule D, Part IV 9 X 10 Did the organization , directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments , or quasi-endowments? If 'Yes,' complete Schedule D, Part V 10 X 11 K 11 If the organization 's answer to any of the following questions is 'Yes', then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable a Did the organization report an amount for land , buildings and equipment in Part X , line 10? If 'Yes,' complete Schedule D, Part VI 11a X b Did the organization report an amount for investments- other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16 ? If 'Yes,' complete Schedule D, Part VII 11b X c Did the organization report an amount for investments- program related in Part X , line 13 that is 5% or more of its total assets reported in Part X , line 16? If 'Yes,' complete Schedule