Mccollom Family Foundation
- Assets
- $1.1m
- Revenue
- $61.7k
- Investments
- $985.8k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- Data as of
- 06/2024
- EIN
- 13-4205666
Organization Overview
Mccollom Family Foundation is located in Dallas, TX. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mccollom Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Mccollom Family Foundation generated $61.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $125.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Mccollom Family Foundation has awarded 88 individual grants totaling $314,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America N A Co-Trustee | 1 | $23,363 | |
Marion Mccollom Hampton Co-Trustee | 1 | $0 | |
Anne Hennessey Co-Trustee | 1 | $0 | |
Eric Alexander Mccollum Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $47,932 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,738 |
| Capital Gain Net Income | $13,738 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,670 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,363 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,520 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,133 |
| Contributions, gifts, grants paid | $99,000 |
| Total expenses and disbursements | $125,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $103,320 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,089,098 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mccollom Family Foundation has awarded $99,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
HIGH HORSES THERAPEUTIC RIDING PURPOSE: UNRESTRICTED GENERAL | $7,500 |
UPPER VALLEY LAND TRUST PURPOSE: UNRESTRICTED GENERAL | $1,000 |
NORMAN WILLIAMS PUBLIC LIBRARY PURPOSE: UNRESTRICTED GENERAL | $1,500 |
OTTAUQUECHEE HEALTH CENTER PURPOSE: UNRESTRICTED GENERAL | $3,000 |
WOODSTOCK REGION JOURNALISM FDN PURPOSE: UNRESTRICTED GENERAL | $1,000 |
PLANNED PARENTHOOD NORTHERN NEW ENGLAND PURPOSE: UNRESTRICTED GENERAL | $1,000 |