Josiah Macy Jr Foundation
- Assets
- $158.6m
- Revenue
- $8.0m
- Investments
- $152.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1930
- Data as of
- 06/2021
- EIN
- 13-5596895
Organization Overview
Josiah Macy Jr Foundation is located in New York, NY. The organization was established in 1930. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Josiah Macy Jr 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 06/2021, Josiah Macy Jr Foundation generated $8.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $8.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Josiah Macy Jr Foundation has awarded 51 individual grants totaling $3,624,317. 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 |
|---|---|---|---|
Holly J Humphrey MD President | 40 | $800,411 | |
Peter Goodwin Coo-Treasurer | 40 | $588,966 | |
Stephen C Schoenbaum Special Advisor To T | 16 | $173,935 | |
Karen Butler Assistant Treasurer | 40 | $146,482 | |
Yasmine Legendre Program Associate | 40 | $114,134 | |
Karen Court Executive Assistant | 40 | $92,674 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,626,052 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,158,342 |
| Capital Gain Net Income | $5,158,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,190,812 |
| Total Revenue | $7,975,206 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,389,377 |
| Other employee salaries and wages | $588,068 |
| Pension plans, employee benefits | $332,252 |
| Interest | $0 |
| Taxes | $220,493 |
| Depreciation | $331,517 |
| Occupancy | $19,674 |
| Travel, conferences, and meetings | $200,489 |
| Printing and publications | $0 |
| Other expenses | $1,420,156 |
| Total operating and administrative expenses | $5,972,499 |
| Contributions, gifts, grants paid | $2,975,793 |
| Total expenses and disbursements | $8,948,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $911,239 |
| Savings and temporary cash investments | $0 |
| 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 | $136,691 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $152,550,448 |
| Net Land, buildings, and equipment | $4,090,184 |
| Other assets | $942,518 |
| Total assets | $158,631,080 |
| Accounts payable and accrued expenses | $264,404 |
| Grants payable | $634,559 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,508,236 |
| Total liabilities | $2,407,199 |
Grants Awarded
Over the last fiscal year, Josiah Macy Jr Foundation has awarded $3,624,317 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: TO SUPPORT A PROJECT ENTITLED, BUILDING TRUST AND EQUITY IN INTER-PROFESSIONAL INTERNAL MEDICINE TRAINING. | $200,000 |
New York, NY PURPOSE: TO SUPPORT A PROJECT ENTITLED, AN ANTI-RACIST FUTURE: TRANSFORMATIONAL CHANGE IN MEDICAL EDUCATION. | $188,773 |
DREXEL UNIVERSITY PURPOSE: TO SUPPORT A PROJECT ENTITLED, AN ANTIRACISM CURRICULUM TO PROMOTE DIVERSITY, EQUITY, AND INCLUSION IN HEALTHCARE EDUCATION: AN ONLINE MODULE AN ONLINE MODULE WITH WORKSHOPS FOR LEARNERS, FACULTY AND STAFF. | $150,000 |
UNIVERSITY OF CALIFORNIA SAN FRANCISCO PURPOSE: TO SUPPORT A PROJECT ENTITLED, A SCORECARD FOR CLINICAL LEARNING ENVIRONMENTS TO PROMOTE CONTINUOUS IMPROVEMENT. EDUCATION. | $150,000 |
REGENTS OF THE UNIVERSITY OF MICHIGAN PURPOSE: TO SUPPORT THE WORK AS A JOSIAH MACY JR. FOUNDATION, MACY FACULTY SCHOLAR | $140,000 |
NEW YORK UNIVERSITY PURPOSE: TO SUPPORT THE WORK AS A JOSIAH MACY JR. FOUNDATION, MACY FACULTY SCHOLAR | $140,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Josiah Macy Jr Foundation has recieved totaling $88,578.
| Awarding Organization | Amount |
|---|---|
Evidence Action Inc Washington, DC PURPOSE: GRANT STUDY SUPPORT | $88,578 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |