Mcnamara Family Foundation Inc
- Assets
- $177.8k
- Revenue
- $147.0k
- Investments
- $145.3k
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- 03/2005
- Data as of
- 12/2021
- EIN
- 14-1861856
Organization Overview
Mcnamara Family Foundation Inc is located in Coral Gables, FL. The organization was established in 2005. According to its NTEE Classification (T31) the organization is classified as: Community 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. Mcnamara Family 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 12/2021, Mcnamara Family Foundation Inc generated $147.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $176.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mcnamara Family Foundation Inc has awarded 12 individual grants totaling $515,000. 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 |
|---|---|---|---|
Elizabeth Mcnamara Director | 0 | $0 | |
Christine Mcnamara Director | 0 | $0 | |
Lana Mcnamara Director | 0 | $0 | |
James M Mcnamara Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $138,207 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,058 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,689 |
| Capital Gain Net Income | $3,689 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $146,954 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,183 |
| Total operating and administrative expenses | $11,625 |
| Contributions, gifts, grants paid | $165,000 |
| Total expenses and disbursements | $176,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,488 |
| 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 | $177,807 |
| 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, Mcnamara Family Foundation Inc has awarded $165,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Gardena, CA PURPOSE: TO EMPOWER LATINO FAMILIES WITH THE KNOWLEDGE AND RESOURCES TO SUCCESSFULLY COMPLETE A HIGHER EDUCATION, WHILE PROVIDING SCHOLARSHIPS AND SUPPORT SERVICES TO AS MANY EXCEPTIONAL HISPANIC AMERICAN STUDENTS AS POSSIBLE. | $150,000 |
Beverly Hills, CA PURPOSE: TO OPEN THE DIALOGUE ON MENTAL HEALTH BETWEEN YOUTH, PARENTS, AND EDUCATORS. MATT'S FOUNDATION IS DEDICATED TO PREVENTING TEEN SUICIDE BY UNDERWRITING LIFELINE PREVENTION, AWARENESS, AND MENTAL HEALTH PROGRAMS. | $7,500 |
Winter Park, FL PURPOSE: TO EMPOWER GRADUATES TO PURSUE MEANINGFUL LIVES | $5,000 |
BASCOM PALMER EYE INSTITUTE PURPOSE: TO FREE THE WORLD FROM BLINDNESS AND BLINDING DISEASES. | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL | $386,793,850 | $71,031,554 |
Gulf Coast Community Foundation Inc Venice, FL | $411,069,499 | $79,396,677 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL | $630,367,087 | $110,893,672 |
Givewell Community Foundation Inc Lakeland, FL | $419,262,531 | $231,457,010 |
Community Foundation Of Collier County Naples, FL | $218,053,316 | $48,461,607 |
The Community Foundation Of Greater Birmingham Birmingham, AL | $299,631,425 | $49,687,592 |
Community Foundation Of Tampa Bay Inc Tampa, FL | $288,002,169 | $39,276,460 |
Community Foundation For Palm Beach & Martin Counties Inc West Palm Beach, FL | $221,759,809 | $29,612,714 |
Pinellas Community Foundation Clearwater, FL | $142,858,566 | $23,264,951 |
North Georgia Community Foundation Gainesville, GA | $121,312,465 | $29,287,202 |
Community Foundation Of The Chattahoochee Valley Inc Columbus, GA | $203,858,921 | $35,593,899 |
Community Foundation Of Broward Inc Fort Lauderdale, FL | $211,626,969 | $24,953,275 |