Mcgah Family Foundation
- Assets
- $641.6k
- Revenue
- -$26.8k
- Investments
- $587.3k
- Employees
- 0
- Location
- Alamo, CA
- Founding
- 12/2008
- Data as of
- 03/2023
- EIN
- 20-4671738
Organization Overview
Mcgah Family Foundation is located in Alamo, CA. The organization was established in 2008. 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. Mcgah 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherratt Reicher President | 1 | $0 | |
Mattie Cooper Secretary | 40 | $27,062 | |
Tiffany Miller Director | 1 | $0 | |
Maureen Reicher Director | 1 | $0 | |
Michele Macleod Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $248 |
| Dividends & Interest | $6,972 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$34,002 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$26,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,062 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $139 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $302 |
| Total operating and administrative expenses | $32,725 |
| Contributions, gifts, grants paid | $21,000 |
| Total expenses and disbursements | $53,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,217 |
| Savings and temporary cash investments | $24,037 |
| 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 | $641,602 |
| 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 | $40,703 |
| Total liabilities | $40,703 |
Grants Awarded
Over the last fiscal year, Mcgah Family Foundation has awarded $21,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COUGAR FOOTBALL FUND PURPOSE: DONATION TO SUPPORT ATHLETICS PROGRAM | $12,000 |
MCCLYMONDS HIGH SCHOOL PURPOSE: DONATION TO SUPPORT ATHLETICS PROGRAM | $9,000 |