Nancy Malcomson Connable Fund
- Assets
- $395.0k
- Revenue
- $14.8k
- Investments
- $349.0k
- Employees
- 0
- Location
- Kalamazoo, MI
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 26-0766003
Organization Overview
Nancy Malcomson Connable Fund is located in Kalamazoo, MI. 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. Nancy Malcomson Connable Fund 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, Nancy Malcomson Connable Fund generated $14.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $28.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Nancy Malcomson Connable Fund has awarded 78 individual grants totaling $102,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James C Melvin President/director | 1 | $0 | |
Bradley E Weller Vice Pres./treasurer/director | 1 | $0 | |
Loyal A Eldridge III Vice Pres./secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $525 |
| Dividends & Interest | $9,463 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,763 |
| Capital Gain Net Income | $4,763 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,751 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $916 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $10,827 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $28,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,992 |
| 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 | $394,961 |
| 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, Nancy Malcomson Connable Fund has awarded $18,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS COUNCIL OF GREATER KALAMAZOO PURPOSE: OPERATING SUPPORT | $1,500 |
BALLET ARTS ENSEMBLE INC PURPOSE: OPERATING SUPPORT | $1,500 |
NATURAL RESOURCES DEFENSE COUNCIL INC PURPOSE: OPERATING SUPPORT | $1,500 |
KALAMAZOO NATURE CENTER PURPOSE: OPERATING SUPPORT | $1,500 |
NATURE CONSERVANCY INC PURPOSE: OPERATING SUPPORT FOR THE KALAMAZOO AREA | $1,500 |
PRETTY LAKE VACATION CAMP PURPOSE: ADOPT-A-CAMPER | $1,500 |