Frank J Mcguire Family Foundation
- Assets
- $697.3k
- Revenue
- $83.3k
- Investments
- $641.3k
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 08/1998
- Data as of
- 12/2023
- EIN
- 16-1547973
Organization Overview
Frank J Mcguire Family Foundation is located in Buffalo, NY. The organization was established in 1998. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frank J Mcguire Family 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 12/2023, Frank J Mcguire Family Foundation generated $83.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $71.9k during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 5 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 2019, Frank J Mcguire Family Foundation has awarded 31 individual grants totaling $302,000. 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 |
|---|---|---|---|
Donna M Mcguire Trustee | 2 | $0 | |
Jacquelyn M Gurney Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,249 |
| Dividends & Interest | $13,622 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,390 |
| Capital Gain Net Income | $57,390 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,261 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $79 |
| Taxes | $576 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $265 |
| Total operating and administrative expenses | $11,856 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $71,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $56,016 |
| 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 | $641,305 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $697,321 |
| 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, Frank J Mcguire Family Foundation has awarded $60,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
IRISH CLASSICAL THEATRE PURPOSE: WORKING CAPITAL | $15,000 |
CMH COUNSELING PURPOSE: WORKING CAPITAL | $15,000 |
BISON CHILDREN'S SCHOLARSHIP FUND PURPOSE: SCHOLARSHIP FUND | $15,000 |
UNITED WAY OF BUFFALO PURPOSE: WORKING CAPITAL | $15,000 |