Mcpherson Family Foundation
- Assets
- $19.7m
- Revenue
- $7.5m
- Investments
- $5.6m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 11/2005
- Data as of
- 12/2023
- EIN
- 20-2378383
Organization Overview
Mcpherson Family Foundation is located in Denver, CO. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mcpherson 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, Mcpherson Family Foundation generated $7.5m in total revenue. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 114.0% 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 2020, Mcpherson Family Foundation has awarded 20 individual grants totaling $2,668,515. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Mark Mcpherson President | 0 | $0 | |
Kim L Mcpherson Sec/treas | 0 | $0 | |
Brad Brady Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,057,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $395,042 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,452,042 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,590 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,660 |
| Total operating and administrative expenses | $71,760 |
| Contributions, gifts, grants paid | $2,507,395 |
| Total expenses and disbursements | $2,579,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,273 |
| Savings and temporary cash investments | $14,100,060 |
| 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 | $19,749,315 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $644,035 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $644,035 |
Grants Awarded
Over the last fiscal year, Mcpherson Family Foundation has awarded $2,507,395 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ALMOST HOME PURPOSE: TO PREVENT AND CONFRONT HOMELESSNESS TO ENSURE THAT IT IS RARE, BRIEF OR ONE TIME. | $16,515 |
A HOPE FOR CHILDREN PURPOSE: TO PROVIDE SUPPORT SERVICES TO ETHIOPIAN ORPHANS INFECTED WITH HIV. | $150,000 |
ASONE MINISTRIES PURPOSE: TO EMPOWER UGANDANS TO CULTIVATE TRANSOFRMATION IN THEIR RURAL COMMUNITIES. | $287,500 |
MILE HIGH UNITED WAY PURPOSE: TO SUPPORT FAMILIES ACROSS METRO DENVER. | $120,000 |
SCHOOLS FOR SALONE PURPOSE: TO EXPAND EDUCAITON IN SIERRA LEONE. | $194,250 |
SECOND MILE HAITI PURPOSE: TO CREATE MEANINGFUL CHANGE FOR WOMEN, CHILDREN AND COMMUNITIES IN HAITI THROUGH HEALTHCARE, EDUCATION AND COMMUNITY-BUILDING PROJECTS. | $515,530 |