Mcgrath Fam Charitable Foundation Tr
- Assets
- $32.0k
- Revenue
- $78.1k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 13-7144702
Organization Overview
Mcgrath Fam Charitable Foundation Tr is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Mcgrath Fam Charitable Foundation Tr 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 12/2021, Mcgrath Fam Charitable Foundation Tr generated $78.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $69.3k during the year ending 12/2021. While expenses have increased by 2.1% 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 2015, Mcgrath Fam Charitable Foundation Tr has awarded 211 individual grants totaling $439,517. 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 |
|---|---|---|---|
Diahn W Mcgrath Trustee | 10 | $0 | |
Thomas J Mcgrath Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $77,728 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $352 |
| Capital Gain Net Income | $57,434 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,082 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $225 |
| Total operating and administrative expenses | $3,062 |
| Contributions, gifts, grants paid | $66,227 |
| Total expenses and disbursements | $69,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,360 |
| Savings and temporary cash investments | $14,672 |
| 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 | $32,032 |
| 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, Mcgrath Fam Charitable Foundation Tr has awarded $66,227 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: CHARITABLE PURPOSES | $25,000 |
New York, NY PURPOSE: CHARITABLE PURPOSES | $10,000 |
PRESERVATION LONG LSLAND PURPOSE: CHARITABLE PURPOSES | $7,260 |
Bronx, NY PURPOSE: CHARITABLE PURPOSES | $5,000 |
New York, NY PURPOSE: CHARITABLE PURPOSES | $5,000 |
GERDA'S EQUINE RESCUE PURPOSE: CHARITABLE PURPOSES | $2,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peter Schub Foundation New York, NY | $153,451 | $8,498,000 |
Queens College Special Projects Fund Inc Flushing, NY | $53,656,603 | $7,071,081 |
Global Impact Investing Network Inc New York, NY | $6,619,298 | $6,380,097 |
Fannie E Rippel Foundation Morristown, NJ | $0 | $6,091,281 |
Concrete Foundation Inc Craftsbury Common, VT | $101,088,945 | $16,269,821 |
Tapfound Inc New York, NY | $4,933,878 | $7,053,619 |
Chief Executives For Corporate Purpose Inc New York, NY | $5,985,740 | $5,961,385 |
Sovereign Military Hospitaller Order Of St John Of Jerusalem Of New York, NY | $5,131,952 | $5,108,487 |
Magaro Family Foundation Inc Danbury, CT | $30,477,702 | $229,929 |
Hands In Service Incorporated Sellersville, PA | $413,502 | $4,515,148 |
Datakind Brooklyn, NY | $7,052,955 | $2,773,630 |
Montshire Museum Of Science Norwich, VT | $18,203,770 | $4,178,719 |