Dunvegan Foundation Of The Clan Macleod Society Usa Inc
- Assets
- $482.9k
- Revenue
- $46.7k
- Investments
- $449.6k
- Employees
- 0
- Location
- Southern Pines, NC
- Founding
- 05/1962
- Data as of
- 12/2022
- EIN
- 13-6161583
Organization Overview
Dunvegan Foundation Of The Clan Macleod Society Usa Inc is located in Southern Pines, NC. The organization was established in 1962. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dunvegan Foundation Of The Clan Macleod Society USA Inc 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 12/2022, Dunvegan Foundation Of The Clan Macleod Society USA Inc generated $46.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $58.0k during the year ending 12/2022. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dunvegan Foundation Of The Clan Macleod Society USA Inc has awarded 221 individual grants totaling $310,936. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John B Macleod Chairman | 1 | $0 | |
John N Macleod Vice Preside | 0.5 | $0 | |
Donald C Mcleod Treasurer | 1.5 | $0 | |
John Macleod Tutterow Secretary | 0.1 | $0 | |
Charlene Boyes Trustee | 0.5 | $0 | |
James B Macleod Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,549 |
| Interest on Savings | $10 |
| Dividends & Interest | $23,154 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $996 |
| Capital Gain Net Income | $1,791 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,709 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $192 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,215 |
| Other expenses | $86 |
| Total operating and administrative expenses | $9,744 |
| Contributions, gifts, grants paid | $48,288 |
| Total expenses and disbursements | $58,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,336 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $139,672 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $482,920 |
| 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, Dunvegan Foundation Of The Clan Macleod Society Usa Inc has awarded $48,288 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
US PIPING FOUNDATION PURPOSE: GENERAL SUPPORT | $4,000 |
ST ANDREWS UNIVERSITY PURPOSE: PIPING SCHOLARSHIP | $2,000 |
HIGHLAND ECHOES PURPOSE: GENERAL SUPPORT | $2,000 |
SCOTTISH-AMERICAN CULTURAL SOCIETY PURPOSE: SCHOLARSHIPS FOR SCOTTISH MUSIC | $2,000 |
SCOTTISH SOCIETY OF WILMINGTON PURPOSE: IMMIGRATION MEMORIAL FUND | $5,000 |
LYON COLLEGE PURPOSE: PIPING SCHOLARSHIPS | $2,000 |