Mcleod Foundation
- Assets
- $0.0
- Revenue
- $40.9k
- Investments
- $1.6m
- Employees
- 0
- Location
- FuquayVarina, NC
- Founding
- 05/2007
- Data as of
- 12/2020
- EIN
- 20-8042018
Organization Overview
Mcleod Foundation is located in FuquayVarina, NC. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Mcleod 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 12/2020, Mcleod Foundation generated $40.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.1% each year . All expenses for the organization totaled $148.8k during the year ending 12/2020. While expenses have increased by 36.7% per year over the past 2 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, Mcleod Foundation has awarded 34 individual grants totaling $293,000. 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 |
|---|---|---|---|
Bernard F Mcleod III Vice President | 1 | $0 | |
W Stewart Mcleod Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $373 |
| Dividends & Interest | $40,477 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,851 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $12,788 |
| Contributions, gifts, grants paid | $136,000 |
| Total expenses and disbursements | $148,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mcleod Foundation has awarded $157,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Buies Creek, NC PURPOSE: TO SUPPORT THE ORGANIZATION'S ONGOING CHARITABLE PURPOSE. | $35,000 |
YMCA OF THE TRIANGLE AREA INC PURPOSE: TO SUPPORT THE ORGANIZATION'S ONGOING CHARITABLE PURPOSE. | $25,000 |
FUQUAY VARINA UNITED METHODIST CHURCH PURPOSE: TO SUPPORT THE ORGANIZATION'S ONGOING CHARITABLE PURPOSE. | $25,000 |
BLUE RIDGE SCHOOL PURPOSE: TO SUPPORT THE ORGANIZATION'S ONGOING CHARITABLE PURPOSE. | $25,000 |
WAKE FOREST UNIVERSITY PURPOSE: TO SUPPORT THE ORGANIZATION'S ONGOING CHARITABLE PURPOSE. | $21,000 |
JOHNSTON HEALTH FOUNDATION PURPOSE: TO SUPPORT THE ORGANIZATION'S ONGOING CHARITABLE PURPOSE. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |