Madrona Hill Foundation
- Assets
- $2.4m
- Revenue
- $88.0k
- Investments
- $2.3m
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 01/2009
- Data as of
- 12/2023
- EIN
- 26-1478178
Organization Overview
Madrona Hill Foundation is located in Missoula, MT. The organization was established in 2009. 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. Madrona Hill 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, Madrona Hill Foundation generated $88.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $379.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Madrona Hill Foundation has awarded 49 individual grants totaling $4,298,650. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Burnham Sec/tres | 1 | $0 | |
Cheryl Burnham President | 1 | $0 | |
Grace Burnham Vice President | 1 | $0 | |
Anne Burnham Vice President | 1 | $0 | |
Gordon Burnham Vice President | 1 | $0 | |
Mark Hoyt Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,524 |
| Dividends & Interest | $65,861 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,636 |
| Capital Gain Net Income | $10,636 |
| Net ST Capital Gain | $1,994 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $254 |
| Total operating and administrative expenses | $32,260 |
| Contributions, gifts, grants paid | $347,000 |
| Total expenses and disbursements | $379,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,417 |
| 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 | $2,137,489 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,529 |
| Total assets | $2,381,873 |
| 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, Madrona Hill Foundation has awarded $347,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MARION POLK FOOD SHARE PURPOSE: COMMUNITY SUPPORT | $20,000 |
ST FRANCIS SHELTER PURPOSE: COMMUNITY SUPPORT | $25,000 |
UNIV OF MONTANA FOUNDATION PURPOSE: PUBLIC HEALTH FELLOWSHIP | $200,000 |
MISSOULA FOOD BANK PURPOSE: COMMUNITY SUPPORT | $12,000 |
MISSOULA FAMILY YMCA PURPOSE: COMMUNITY SUPPORT | $50,000 |
PARTNERS HOPE FOUNDATION PURPOSE: COMMUNITY SUPPORT | $40,000 |