Donald C Mcgraw Foundation Inc
- Assets
- $31.3m
- Revenue
- $7.1m
- Investments
- $28.1m
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 05/1964
- Data as of
- 12/2022
- EIN
- 13-6165603
Organization Overview
Donald C Mcgraw Foundation Inc is located in Delray Beach, FL. The organization was established in 1964. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Donald C Mcgraw Foundation 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, Donald C Mcgraw Foundation Inc generated $7.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $5.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Donald C Mcgraw Foundation Inc has awarded 304 individual grants totaling $13,587,000. 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 |
|---|---|---|---|
Donald C Mcgraw III President | 3 | $0 | |
David C Mcgraw Director | 2 | $0 | |
J Patterson Cooper Secretary | 1 | $0 | |
Robert L W Mcgraw Director | 2 | $0 | |
Thomas A Smith Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,095,873 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,344,351 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $685,256 |
| Capital Gain Net Income | $685,256 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,850 |
| Total Revenue | $7,141,330 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $121,558 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,973 |
| Total operating and administrative expenses | $341,907 |
| Contributions, gifts, grants paid | $5,527,000 |
| Total expenses and disbursements | $5,868,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,103,864 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $18,528 |
| 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 | $58,223 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $28,126,156 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,306,771 |
| 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, Donald C Mcgraw Foundation Inc has awarded $5,527,000 in support to 117 organizations.
| Grant Recipient | Amount |
|---|---|
18 DEGREES FAMILY SERVICES FOR WESTERN MA PURPOSE: GENERAL SUPPORT | $25,000 |
ADIRONDACK HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
100 GARDENS PURPOSE: GENERAL SUPPORT | $25,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN MUSEUM OF FLY FISHING PURPOSE: GENERAL SUPPORT | $15,000 |
AMERICAN CANCER SOCIETY HOPE LODGE PURPOSE: GENERAL SUPPORT | $10,000 |