Dextra Baldwin Mcgonagle Foundation
- Assets
- $9.0m
- Revenue
- $1.0m
- Investments
- $8.8m
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 06/1967
- Data as of
- 12/2022
- EIN
- 13-6219236
Organization Overview
Dextra Baldwin Mcgonagle Foundation is located in Harrison, NY. The organization was established in 1967. 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. Dextra Baldwin Mcgonagle 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 12/2022, Dextra Baldwin Mcgonagle Foundation generated $1.0m 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 (3.8%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Dextra Baldwin Mcgonagle Foundation has awarded 125 individual grants totaling $2,891,344. 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 |
|---|---|---|---|
Jonathan G Spanier Director, President, Treasurer, CEO | 35 | $93,596 | |
David B Spanier Director, Vice President, Secretary | 35 | $41,910 | |
Dana M Baldwin Director | 1 | $0 | |
Jennifer Spanier Director | 1 | $0 | |
Sheryl Spanier Director | 1 | $0 | |
Ian Spanier Vice President, California Operations | 25 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $152 |
| Dividends & Interest | $366,955 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,439 |
| Capital Gain Net Income | $104,439 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $577,958 |
| Total Revenue | $1,049,504 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $195,506 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $79,392 |
| Interest | $0 |
| Taxes | $15,004 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $100 |
| Printing and publications | $0 |
| Other expenses | $27,193 |
| Total operating and administrative expenses | $359,571 |
| Contributions, gifts, grants paid | $698,000 |
| Total expenses and disbursements | $1,057,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,262 |
| Savings and temporary cash investments | $54,412 |
| 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 | $6,396,689 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,963,694 |
| 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, Dextra Baldwin Mcgonagle Foundation has awarded $798,000 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY FOR TECHNION- ISRAEL INSTITUTE OF TECHNOLOGY INC PURPOSE: SCHOLARSHIPS | $30,000 |
BLACK STUDENTS OF CALIFORNIA UNITED PURPOSE: GENERAL OPERATIONS | $10,000 |
CA MEDICAL CENTER FOUNDATION PURPOSE: GENERAL OPERATIONS | $15,000 |
CENTRAL SYNAGOGUE PURPOSE: GENERAL OPERATIONS | $10,000 |
CLIMATE SCIENCE LEGAL DEFENSE FUND PURPOSE: GENERAL OPERATIONS | $5,000 |
COLUMBIA UNIVERSITY PURPOSE: GENERAL OPERATIONS | $107,500 |