Trust Under Will Of John Mckee Dated December 8 1899
- Assets
- $7.3m
- Revenue
- $268.7k
- Investments
- $7.2m
- Employees
- 0
- Location
- Malvern, PA
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 23-7675490
Organization Overview
Trust Under Will Of John Mckee Dated December 8 1899 is located in Malvern, PA. The organization was established in 2002. 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. Trust Under Will Of John Mckee Dated December 8 1899 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 12/2022, Trust Under Will Of John Mckee Dated December 8 1899 generated $268.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $460.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Trust Under Will Of John Mckee Dated December 8 1899 has awarded 128 individual grants totaling $1,323,750. 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 |
|---|---|---|---|
Most Reverend Nelson J Perez Archbishop Of Phila, Ttee | 0 | $0 | |
Sherman Lee Hopkins Jr Committee Member | 0 | $0 | |
Captain Frank E Falcone Usn Committee Member | 0 | $0 | |
Professor James H Kelch Jr Committee Member | 0 | $0 | |
Jason M Budd Committee Member | 0 | $0 | |
Captain Paul J Branson Usn Committee Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $103,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $145,813 |
| Capital Gain Net Income | $145,813 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,500 |
| Total Revenue | $268,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,680 |
| Total operating and administrative expenses | $92,292 |
| Contributions, gifts, grants paid | $368,500 |
| Total expenses and disbursements | $460,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $75,071 |
| 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 | $7,186,003 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,261,076 |
| 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, Trust Under Will Of John Mckee Dated December 8 1899 has awarded $368,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA INSTITUTE OF TECHNOLOGY PURPOSE: INDIVIDUAL STUDENT SCHOLARSHIP GRANTS | $6,500 |
ELON UNIVERSITY PURPOSE: INDIVIDUAL STUDENT SCHOLARSHIP GRANT | $8,000 |
CABRINI UNIVERSITY PURPOSE: INDIVIDUAL STUDENT SCHOLARSHIP GRANTS | $6,500 |
CHESTNUT HILL COLLEGE PURPOSE: INDIVIDUAL STUDENT SCHOLARSHIP GRANT | $15,000 |
CHEYNEY UNIVERSITY PURPOSE: INDIVIDUAL STUDENT SCHOLARSHIP GRANTS | $8,000 |
ARCADIA UNIVERSITY PURPOSE: INDIVIDUAL STUDENT SCHOLARSHIP GRANT | $8,000 |