Nicholas And Kathleen Mayallmemorial Foundation
- Assets
- $537.5k
- Revenue
- $27.6k
- Investments
- $467.4k
- Employees
- 0
- Location
- Marana, AZ
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 20-7111568
Organization Overview
Nicholas And Kathleen Mayallmemorial Foundation is located in Marana, AZ. The organization was established in 2007. 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. Nicholas And Kathleen Mayallmemorial 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, Nicholas And Kathleen Mayallmemorial Foundation generated $27.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $40.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Nicholas And Kathleen Mayallmemorial Foundation has awarded 205 individual grants totaling $214,500. 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
THE FOUNDATION GRANTED CHARITABLE CONTRIBUTIONS TO VARIOUS CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Mayall Trustee | 1 | $0 | |
Susana Mayall Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40 |
| Interest on Savings | $2,045 |
| Dividends & Interest | $13,794 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,697 |
| Capital Gain Net Income | $11,697 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $195 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $9,779 |
| Contributions, gifts, grants paid | $31,000 |
| Total expenses and disbursements | $40,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,060 |
| 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 | $111,576 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $537,462 |
| 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, Nicholas And Kathleen Mayallmemorial Foundation has awarded $31,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FREEDOM DEFENSE INITIATIVE PURPOSE: GENERAL SUPPORT | $2,000 |
AMERICAN CENTER FOR LAW AND JUSTICE PURPOSE: GENERAL SUPPORT | $1,500 |
ACT FOR AMERICA EDUCATION PURPOSE: GENERAL SUPPORT | $6,000 |
CRUSADE FOR LIFE PURPOSE: GENERAL SUPPORT | $500 |
AMERICAN FREEDOM ALLIANCE PURPOSE: GENERAL SUPPORT | $1,500 |
DAVID HOROWITZ FREEDOM CENTER PURPOSE: GENERAL SUPPORT | $1,000 |