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Virginia · Nonprofit

Donors Capital Fund Inc

Donors Capital Fund Inc (Virginia) receives grants from 3 organizations whose IRS filings report $6,769,968 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($6,721,968). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$7.4M
Funders on record
3
Grants received
$6.8M
Net assets
$11M
2/3 repeat funderspeak grant-dependency 45%
01What it does

What Donors Capital Fund Inc does

Mission

Support charities that alleviate, through education, research and private initiatives, society's most pervasive and radical needs, including those related to social welfare, health, the environment, economics, governance, foreign relations, and arts and culture.

As stated on its FY2024 Form 990.

Programs

  1. Donor Advised Fund Program: Donors Capital Fund supports a class of public charities firmly committed to liberty. These charities all help strengthen American civil society by promoting private initiatives rather than government programs as the solution to the most pressing issues of the day in the areas of social welfare, health, the environment, economics, governance, foreign relations, and arts and culture. Supported charities will also encourage private philanthropy and individual giving as opposed to governmental solutions to society's problems.

    $5,521,116 spentof which $5,521,116 as grants
    92% of program spending
  2. Fiscal Sponsorships: Donors Capital Fund assists new organizations seeking public charity status whose missions are compatible with DCF's mission After due diligence of an organization is performed, the board decides whether to adopt the program as a DCF program. If adopted, DCF takes oversight of the program as its own, generally contracting with the new organization to perform the program's day-to-day activities. Once the new organization receives its positive determination letter from the IRS finding it is a publicly supported charity, the organization becomes a free-standing entity independent from DCF.

    $448,223 spentof which $448,223 as grants
    7% of program spending
  3. FNGO Supporting Services: At the suggestion of donors to DCF or upon being approached by a foreign non-governmental organization directly, DCF will evaluate if the FNGO's mission is compatible with that of DCF's. If so, DCF may seek to obtain an equivalency determination from a qualified party finding that if the FNGO had been organized in the United States and had applied to the IRS for public charity status, in the opinion of the qualified party the FNGO would have received a positive determination letter from the IRS finding the FNGO would have qualified as a US publicly supported charity. If the qualified party issues a positive equivalency determination, DCF will accept contributions for the purpose of supporting the FNGO.

    $37,050 spentof which $37,050 as grants
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,006,389.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue -9 ($-41417) Expenses 100 ($5.8M) Net assets 100 ($12M)2021 Revenue 100 ($466k) Expenses 17 ($956k) Net assets 100 ($12M)2022 Revenue 69 ($321k) Expenses 36 ($2.0M) Net assets 78 ($9.1M)2023 Revenue 149 ($696k) Expenses 9 ($505k) Net assets 81 ($9.5M)2024 Revenue 1591 ($7.4M) Expenses 106 ($6.1M) Net assets 91 ($11M)
20202021202220232024
Revenue (1591)Expenses (106)Net assets (91)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $12M to $9.1M (−22%).

$12M
$12M
$9.1M
$9.5M
$11M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

90% of Donors Capital Fund Inc’s revenue is contributions — more donation-reliant than the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$5.8M
’20
−$491k
’21
−$1.7M
’22
$191k
’23
$1.3M
’24
16
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Lawson R Bader

Chairman and President

As listed on its FY2024 Form 990.

20202021202220232024
Listed99777
Joined·+0+4+1+0
No longer listed·0610
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

3 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $87k from one payer (the payer shares this organization's board, largest Donors Trust Inc). These are real filings, and they are not money Donors Capital Fund Inc raised.

From the IRS filings of Donors Capital Fund Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Donors Capital Fund Inc leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Donors Capital Fund Inc.

99%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Donors Capital Fund Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $6.8M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Donors Capital Fund Inc runs a healthier operating margin than three-quarters of the 11,263 human services nonprofits its size.

Operating margin17% · top quartile
Months of reserve16.2mo · top quartile
Revenue growth (annualized)151% · top quartile

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Organizations like Donors Capital Fund Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

6
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 39 states

AK
ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
OH
PA
NJ
CT
RI
CA
UT
CO
MO
KY
WV
VA
MD
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
MS
AL
GA
FL

Part of a family of 3 related entities

  • Donors Capital Fund LLC · disregarded
  • Free Society Coalition LLC · disregarded
  • Donors Trust Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Donors Capital Fund Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Donors Capital Fund Inc?
Donors Capital Fund Inc (Virginia) receives grants from 3 organizations whose IRS filings report $6,769,968 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($6,721,968). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Donors Capital Fund Inc have?
IRS filings report 3 organizations giving $6,769,968 in grants to Donors Capital Fund Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Donors Capital Fund Inc?
NATL CHRISTIAN CHARITABLE FDN INC is the largest funder on record, with $6,721,968 in grants. The full list of funders is on this page.
How can an organization like Donors Capital Fund Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing