William S And Patricia B Molloy Jr Family Foundation
- Assets
- $0.0
- Revenue
- $170.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 26-1266375
Organization Overview
William S And Patricia B Molloy Jr Family Foundation is located in Reno, NV. The organization was established in 2008. 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. William S And Patricia B Molloy Jr 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.
For the year ending 12/2021, William S And Patricia B Molloy Jr Family Foundation generated $170.3k in total revenue. All expenses for the organization totaled $377.7k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William S Molloy Jr President | 0 | $0 | |
Erin M Borland Director | 0 | $0 | |
Kevin P Molloy Director | 0 | $0 | |
Elizabeth M Knouse Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $2,115 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $168,185 |
| Capital Gain Net Income | $168,185 |
| Net ST Capital Gain | $4,542 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,549 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,172 |
| Total operating and administrative expenses | $3,721 |
| Contributions, gifts, grants paid | $373,975 |
| Total expenses and disbursements | $377,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, William S And Patricia B Molloy Jr Family Foundation has awarded $26,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: MEDICAL RESEARCH | $1,000 |
AMERICAN LUNG ASSOCIATION PURPOSE: MEDICAL RESEARCH | $1,000 |
DELL CHILDREN'S HOSPITAL PURPOSE: MEDICAL ASSISTANCE TO CHILDREN | $1,000 |
PAT TILLMAN FOUNDATION PURPOSE: SCHOLARSHIPS | $500 |
BREAST CANCER RESEARCH FOUNDATION PURPOSE: CANCER RESEARCH | $3,000 |
PHOENIX CHILDREN'S HOSPITAL PURPOSE: MEDICAL ASSISTANCE TO CHILDREN | $1,000 |