EIN 47-1837787

Dyc Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Dyc Foundation is a private foundation located in Silver Spring, MD. It primarily funds student meals and works with children in poverty to help them reach their full potential. The foundation also focuses on breaking the cycle of orphan children, teacher training, and supporting other organizations such as Soong Sil School. Last year, they made 12 grants.
Total revenues
$52,595
2023
Total expenses
$92,291
2023
Total assets
$1,564,078
2023
Num. employees
0
2023

Program areas at Dyc Foundation

Dyc Foundation, Inc. college assistance program provides comprehensive financial, academic, and personal support for orphans, or children, currently living in foster care, currently living without parental financial support, and/or under other extenuating circumstances. The college assistance program will select high potential individuals from established orphanages, social care, or church relief programs who demonstrate both financial need and high academic and personal potential. The Dyc Foundation will cover academic and/or living costs (e.g., school, room and board, etc.) Of the selected students until graduation from an accredited college or university.
In 2018, the Dyc Foundation, Inc. Gave a scholarship to a selected students from soong sil middle/high school of seoul, south korea. The scholarship is used to provide full financial assistance for tuition and related expenses for a student demonstrating financial need while attending soong sil middle/high school.
Dyc Foundation, Inc. offers scholarships for high performing high school seniors demonstrating financial need at paint branch high school of burtonsville, md, usa. The scholarships are to be applied for the recipients' first year of college tuition. In 2018, the Dyc Foundation offered two scholarships of $1,000 to two graduating students from paint branch high school.

Grants made by Dyc Foundation

GranteeGrant descriptionAmount
America Wheat Mission9 Student Scholarships$7,000
12 PlusSupport Education - To Increase Educational Equity By Building School Cultures That Inspire Academic Achievement and Empower Students To Succeed in Education Beyond 12th Grade.$3,000
World VisionWork With Children in Poverty To Help Them Reach Their Full Potential.$2,000
...and 5 more grants made

Personnel at Dyc Foundation

NameTitleCompensation
Duke C ChungPresident$0
C ChungPresident / Director$0

Financials for Dyc Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,000
Investment income and dividends$51,595
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$52,595

Form 990s for Dyc Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-02990PFView PDF
2022-122023-11-08990PFView PDF
2021-122022-11-07990PFView PDF
2020-122021-11-08990PFView PDF
2019-122021-06-14990PFView PDF
...and 4 more Form 990s

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Data update history
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 1, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 2, 2023
Updated personnel
Identified 1 new personnel
May 19, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2801 Schubert Dr
Silver Spring, MD 20904
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
dycfoundation.org/ 
Phone
(301) 535-4648
IRS details
EIN
47-1837787
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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