DBP Foundation
Preselected recipients only
DBP Foundation is a private foundation in Old Orchard Beach, Maine. In tax year 2024 it gave $35,500 in 7 grants; the typical grant was $5,000 and the largest $10,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$35,500
- Number of grants7
- Typical grant$5,000
- Largest grant$10,000
- Assets$3.7 million
- New grantees43%
Giving in 2024 was down from $210,500 the year before.
43% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $210,500 | 5 | $1.6 million |
| 2024 | $35,500 | 7 | $3.7 million |
How to apply
DBP Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What DBP Foundation funds
Where it gives
Its grants went to recipients in 5 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 3 | $20,000 |
| Georgia | 1 | $10,000 |
| Florida | 1 | $2,500 |
| Maine | 1 | $2,000 |
| New Hampshire | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Alliance | To further exempt purpose of donee | $10,000 |
| Cross Church | To further exempt purpose of donee | $10,000 |
| Pioneer Oil Museum | To further exempt purpose of donee | $5,000 |
| Wellspring Ministries | To further exempt purpose of donee | $5,000 |
| Wounded Warriors | To further exempt purpose of donee | $2,500 |
| Hospice of Southern Maine | To further exempt purpose of donee | $2,000 |
| United Spinal Association | To further exempt purpose of donee | $1,000 |
Officers and trustees
- Betty J Phillips
- Dean Louis Phillips
Questions people ask
Does DBP Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does DBP Foundation give?
$35,500 in tax year 2024, across 7 grants, with a typical grant of $5,000.
Who runs DBP Foundation?
Its 2024 filing lists Betty J Phillips (Dir/Presiden) and Dean Louis Phillips (Dir/Sec/Trea).
What does DBP Foundation fund?
Based on its grants, mainly faith communities.