DONORS OF COLOR NETWORK INC

BEAVERTON, OR, 97008-7105 (202) 417-8140 Est. 2017 EIN 81-1676971
T40— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.DONORSOFCOLOR.ORG

Mission

DONORS OF COLOR NETWORK, INC. DOCN, FORMERLY KNOWN AS FACES OF GIVING, INC., IS A PIONEERING CROSS-RACE COMMUNITY OF HIGH WEALTH DONORS OF COLOR BUILDING THE POWER OF PEOPLE OF COLOR COMMUNITIES TO WIN SYSTEMIC CHANGE FOR RACIAL EQUALITY. SEE SCHEDULE O FOR MORE DETAILS.

Giving Portfolio

Total Grants
7
Total Giving
$2.2M
Recipients
7
Years Active
2020 - 2024
Avg grant: $292,388 Median: $216,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$216K $216K10
20231$334K $334K01
20221$127K $127K01
20212$1.4M $705K11
20202$160K $80K20

Sectors Funded

Philanthropy & Grantmaking
4
International & Foreign Affairs
1
Arts, Culture & Humanities
1

Top States

District of Columbia
5
Arizona
1
Oregon
1

Grantee Size Profile

Over $50M
4
$5M - $10M
1
$1M - $5M
1

Top Grantees

Grants Awarded · 6 grants

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Financials

Total Revenue
$1,346,539
Total Expenses
$3,179,387
Net Assets
$3,121,730
12 employees 11 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
11.8 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 41.9%
Expenses ↑ 2.7%
Revenue Sources
Contributions 104.3% Investment 4.0%
Expense Breakdown
Program 50.5% Management 23.7% Fundraising 25.8%

Officers & Trustees (16)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990$1,346,539 $3,179,387$3,121,730
2023 Form 990$948,892 $3,094,226$4,957,350
2022 Form 990$882,018 $2,417,376$7,102,684
2021 Form 990$11,449,203 $2,948,773$9,101,342
2020 Form 990$928,724 $1,454,615$600,912

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EIN: 81-1676971 · Source: IRS Form 990 e-file data