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Dietrich Foundation
Dietrich Foundation reported $107.3 million in revenue and $56.4 million in expenses for calendar year 2024. Of every $100 it spent, $87.53 went to program services, $12.47 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 100.0% of the total. The highest compensation it reported for one person was $3,594,546 (COMMUNITY TRUSTEE, PRESIDE). 6 people received more than $100,000 in reportable compensation. Revenue rose 40% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $56MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $107MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.5% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.5% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $3,594,546 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 6.38% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 6 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 311.0 | 56.6 |
| Independent voting board members Part VI 1a–1b | 5 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expensePer the declaration of trust dated august 23, 2011 of william s. Dietrich ii revocable trust and the Dietrich Foundation (the "trust"), the foundation distributes annually, or more frequently, an amount from net income equal to substantially all (at least 85%) of its annual net income (as defined in the trust). In the event that the total amount distributed annually under this requirement should consistently fall below a rate of 3%, the annual distribution amount will approximate 3% of the fair value of the foundation's assets (net of acquisition indebtedness) as determined on january 1 of…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| COMMUNITY TRUSTEE, PRESIDE Director/trustee, officer, 40.00 hrs/week | $2,098,335 | $0 | $1,496,211 | $3,594,546 |
| EDUCATIONAL TRUSTEE Director/trustee, 1.00 hrs/week | $25,000 | $2,749,101 | $181,175 | $2,955,276 |
| MANAGING DIRECTOR Highest compensated employee, 40.00 hrs/week | $880,344 | $0 | $593,217 | $1,473,561 |
| MANAGING DIRECTOR Highest compensated employee, 40.00 hrs/week | $843,100 | $0 | $579,528 | $1,422,628 |
| EDUCATIONAL TRUSTEE Director/trustee, 1.00 hrs/week | $25,000 | $1,081,466 | $59,734 | $1,166,200 |
| MANAGING DIRECTOR Highest compensated employee, 40.00 hrs/week | $696,344 | $0 | $446,030 | $1,142,374 |
| VICE PRESIDENT OF FINANCE Highest compensated employee, 40.00 hrs/week | $364,718 | $0 | $201,588 | $566,306 |
| EDUCATIONAL TRUSTEE Director/trustee, 1.00 hrs/week | $25,000 | $258,737 | $36,889 | $320,626 |
6 people received more than $100,000 in reportable compensation from Dietrich Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 513
Correct a figure or respond
Every number above is copied from Dietrich Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Dietrich Foundation, you can publish a response that is linked from this page.
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Of every $100 Dietrich Foundation spent in 2024, $87.53 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Dietrich Foundation's spending goes to programs?
In calendar year 2024, Dietrich Foundation reported that 87.5% of its $56.4 million in expenses went to program services, 12.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Dietrich Foundation pay its top executive?
The largest total compensation Dietrich Foundation reported for one person in calendar year 2024 was $3,594,546, for the role of COMMUNITY TRUSTEE, PRESIDE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Dietrich Foundation get its money?
Of $107.3 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Dietrich Foundation a registered charity?
The IRS lists EIN 36-4711746 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523219349319537 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349310268 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349315488 · read the filing
- 2021: Form 990 for calendar year 2021 (amended), object 202310879349300721 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123199349305257 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013189349302461 · read the filing
All filings for EIN 36-4711746: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.