Civic Intelligence

Dagmar Dolby Fund

990 • Fiscal year 2016 • EIN 47-5332690

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 30, 2017

5 Hamilton Landing No 200Novato, CA 94949

(415) 464-2500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

2nd percentile

0.00x

Higher debt load relative to revenue than 2% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

77th percentile

$594,160

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$86,990,068

No earlier filing loaded for comparison.

Net Assets

$86,976,134

No earlier filing loaded for comparison.

Liabilities

$13,934

No earlier filing loaded for comparison.

Revenue

$69,548,952

No earlier filing loaded for comparison.

Expenses

$103,768

No earlier filing loaded for comparison.

Net Income

$69,445,184

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2016: $86,990,068Liabilities 2016: $13,934Net Assets 2016: $86,976,1342016Assets 2017: $44,050,669Liabilities 2017: $21,108Net Assets 2017: $44,029,5612017Assets 2018: $104,958,791Liabilities 2018: $78,932,152Net Assets 2018: $26,026,6392018Assets 2019: $89,549,125Liabilities 2019: $46,174,754Net Assets 2019: $43,374,3712019Assets 2020: $49,923,254Liabilities 2020: $4,931,646Net Assets 2020: $44,991,6082020Assets 2021: $39,191,926Liabilities 2021: $1,597,456Net Assets 2021: $37,594,4702021Assets 2022: $40,145,421Liabilities 2022: $11,407,953Net Assets 2022: $28,737,4682022Assets 2023: $89,182,673Liabilities 2023: $38,170,529Net Assets 2023: $51,012,1442023Assets 2024: $105,968,042Liabilities 2024: $58,200,299Net Assets 2024: $47,767,7432024

Highlighted filing

2016

Assets$86,990,068
Liabilities$13,934
Net Assets$86,976,134

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MRevenue 2016: $69,548,952Expenses 2016: $103,768Net Income 2016: $69,445,1842016Revenue 2017: $16,476,087Expenses 2017: $64,993,608Net Income 2017: -$48,517,5212017Revenue 2018: $105,693,891Expenses 2018: $137,493,533Net Income 2018: -$31,799,6422018Revenue 2019: $39,012,022Expenses 2019: $20,290,047Net Income 2019: $18,721,9752019Revenue 2020: $15,844,790Expenses 2020: $16,201,603Net Income 2020: -$356,8132020Revenue 2021: $8,168,589Expenses 2021: $37,112,280Net Income 2021: -$28,943,6912021Revenue 2022: $11,873,638Expenses 2022: $13,673,823Net Income 2022: -$1,800,1852022Revenue 2023: $38,280,537Expenses 2023: $7,147,003Net Income 2023: $31,133,5342023Revenue 2024: $27,178,533Expenses 2024: $17,657,068Net Income 2024: $9,521,4652024

Highlighted filing

2016

Revenue$69,548,952
Expenses$103,768
Net Income$69,445,184
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 30, 2017
Return Version
2015v3.0
Gross Receipts
$70,020,352
Mission and Program Overview

Mission

The dagmar dolby fund ("ddf") is a california non-profit public benefit corporation organized as a supporting organization of the marin community foundation ("mcf"). The dagmar dolby fund engages in charitable activities that are consistent with the charitable purposes of mcf. Mcf's mission is to encourage and apply philanthropic contributions to help improve the human condition, embrace diversity, promote a humane and democratic society, and enhance the community's quality of life, now and for future generations.

Charitable Grantmaking

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$86,608,701-
Cash and Non-Interest-Bearing Accounts-$381,367-
Total Assets$0$86,990,068▲ $86,990,068
Liabilities
Accounts Payable and Accrued Expenses-$13,934-
Total Liabilities$0$13,934▲ $13,934
Net Assets / Fund Balance
Unrestricted Net Assets-$86,976,134-
Total Net Assets Fund Balance$0$86,976,134▲ $86,976,134
Total Liabilities and Net Assets / Fund Balance$0$86,990,068▲ $86,990,068
Compensation and Service Providers

Employees

NameTitleOtherTotal
Ashley SmithSecretary$16,967$16,967

Board Members and Trustees

NameTitle
Dagmar DolbyBoard Chair
Thomas Peters PhDPresident and CEO
Alexandra DerbyBoard Member
Vikki GarrodBoard Member
SA HartmanCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$69,077,550
Program Service Revenue
$0
Investment Income
$471,402
Other Revenue
$0
All Other Contributions
$69,077,550
Change in Net Assets
$69,445,184

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$69,077,550Fair Market Value (FMV)
Total Noncash Contributions2$69,077,550-

Audited Revenue Reconciliation

Revenue per Audited Statements
$69,548,952
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$17,530,950
Total Revenue per Audited Statements
$87,079,902
Total Revenue per Form 990
$69,548,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$43,551$43,551-$87,102
Other Expenses-$16,666-$16,666
Total Functional Expenses$43,551$60,217$0$103,768

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$103,768
Total Expenses per Audited Statements$103,768
Total Expenses per Form 990$103,768
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 4

Effective May 26, 2016, the bylaws of the Dagmar Dolby Fund were amended to clarify the process for appointing new directors to the board and to include instructions for grantmaking to a new supporting organization upon the death or incapacitation of the founding donor.

Form 990, Part VI, Section A, line 7A

DDF has 2 Classes of Directors that each can appoint Directors per section 3.3 of the Bylaws: The Marin Community Foundation (MCF) Class and the Donor Class. The MCF Class appointed directors always hold a majority of the board seats. The current Board has 2 MCF Class Directors, Alix Derby and Vikki Garrod. The Donor Class has 1 Director on the Board, Dagmar Dolby.

Form 990, Part VI, Section B, line 11

The Form 990 is provided to the Chief Financial officer and Vice President of Finance for review before filing.

Form 990, Part VI, Section B, line 12C

All members of the governing board, officers and key employees must annually review the conflict of interest policy and complete a questionnaire concerning compliance on an annual basis. The forms are reviewed by the corporate secretary and cfo to ensure ongoing compliance and determine whether a conflict exists. All conflicts and potential conflicts are required to be disclosed, and the person is excluded from participating in deliberations and decisions concerning the matter.

Form 990, Part VI, Section B, line 15

Dagmar dolby fund does not have any paid staff. If the dagmar dolby fund were to hire executive staff it would follow the policies and procedures of its parent organization, the marin community foundation (mcf). Mcf's top management official's compensation package is reviewed and decided annually by the board of directors. A compensation committee comprised of several independent members of the board of directors is established annually. Every few years, the committee engages an independent executive compensation consultant to evaluate the president's and cfo/coo's compensation packages to determine if the components, as well as the package as a whole, continue to be fair and reasonable.

Form 990, Part VI, Section C, line 19

The Governing documents, conflict of interest policy and financial statements are available upon request.

Form 990, Part VII, Section A, Column B:

Thomas peters, s.a. Hartman, alexandra derby, and ashley smith are full-time employees of marin community foundation.

Filing and Contact Details

Filer

Filer Name
Dagmar Dolby Fund
EIN
47-5332690
Phone
4154642500
Address
5 Hamilton Landing No 200, Novato, CA 94949

Signing Officer

Name
SA Hartman
Title
CFO
Phone
4154642500
Signed
2017-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
THOMAS PETERS PhD
Formed
2015
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Armanino LLP
Address
12657 Alcosta Blvd Ste 500, San Ramon, CA 94583-4600
Preparer
Katy Brown
Phone
9257902600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

No change in the audit committee's oversight process.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE DAGMAR DOLBY FUND ("DDF") IS A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION ORGANIZED AS A SUPPORTING ORGANIZATION OF THE MARIN COMMUNITY FOUNDATION ("MCF"). THE DAGMAR DOLBY FUND ENGAGES IN CHARITABLE ACTIVITIES THAT ARE CONSISTENT WITH THE CHARITABLE PURPOSES OF MCF. MCF'S MISSION IS TO ENCOURAGE AND APPLY PHILANTHROPIC CONTRIBUTIONS TO HELP IMPROVE THE HUMAN CONDITION, EMBRACE DIVERSITY, PROMOTE A HUMANE AND DEMOCRATIC SOCIETY, AND ENHANCE THE COMMUNITY'S QUALITY OF LIFE, NOW AND FOR FUTURE GENERATIONS.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Alexandra Derby
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Vikki Garrod
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Thomas Peters PhD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3SA Hartman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Board Member
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Board Member
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2President and CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3CFO
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IRS990ScheduleJ/SeverancePaymentInd00
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt069077550
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0The number in column (b) reflects the number of contributions, not the number of items contributed.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Column (b):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Effective May 26, 2016, the bylaws of the Dagmar Dolby Fund were amended to clarify the process for appointing new directors to the board and to include instructions for grantmaking to a new supporting organization upon the death or incapacitation of the founding donor.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DDF has 2 Classes of Directors that each can appoint Directors per section 3.3 of the Bylaws: The Marin Community Foundation (MCF) Class and the Donor Class. The MCF Class appointed directors always hold a majority of the board seats. The current Board has 2 MCF Class Directors, Alix Derby and Vikki Garrod. The Donor Class has 1 Director on the Board, Dagmar Dolby.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is provided to the Chief Financial officer and Vice President of Finance for review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL MEMBERS OF THE GOVERNING BOARD, OFFICERS AND KEY EMPLOYEES MUST ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE CONCERNING COMPLIANCE ON AN ANNUAL BASIS. THE FORMS ARE REVIEWED BY THE CORPORATE SECRETARY AND CFO TO ENSURE ONGOING COMPLIANCE AND DETERMINE WHETHER A CONFLICT EXISTS. ALL CONFLICTS AND POTENTIAL CONFLICTS ARE REQUIRED TO BE DISCLOSED, AND THE PERSON IS EXCLUDED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS CONCERNING THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DAGMAR DOLBY FUND DOES NOT HAVE ANY PAID STAFF. IF THE DAGMAR DOLBY FUND WERE TO HIRE EXECUTIVE STAFF IT WOULD FOLLOW THE POLICIES AND PROCEDURES OF ITS PARENT ORGANIZATION, THE MARIN COMMUNITY FOUNDATION (MCF). MCF'S TOP MANAGEMENT OFFICIAL'S COMPENSATION PACKAGE IS REVIEWED AND DECIDED ANNUALLY BY THE BOARD OF DIRECTORS. A COMPENSATION COMMITTEE COMPRISED OF SEVERAL INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS IS ESTABLISHED ANNUALLY. EVERY FEW YEARS, THE COMMITTEE ENGAGES AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT TO EVALUATE THE PRESIDENT'S AND CFO/COO'S COMPENSATION PACKAGES TO DETERMINE IF THE COMPONENTS, AS WELL AS THE PACKAGE AS A WHOLE, CONTINUE TO BE FAIR AND REASONABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Governing documents, conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THOMAS PETERS, S.A. HARTMAN, ALEXANDRA DERBY, AND ASHLEY SMITH ARE FULL-TIME EMPLOYEES OF MARIN COMMUNITY FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7No change in the audit committee's oversight process.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VII, Section A, Column B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt8Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt9Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt10Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt11Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt12Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt13Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt010000 Degrees
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Alcohol Justice
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Bingham Osborn & Scarborough Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3Donald B Tanklage and Carole F Tanklage Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4Fullerton Family Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5Kurland Family Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6Lynx Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7Margaret E Haas Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9MCF Charitable Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10MCF Gift Fund Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11MCF One
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12MCF Property Holdings Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13Peter E Haas Jr Family Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt14Pirkle Jones Foundation
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN12943274626
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN13141962681

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