Mckenna Foundation
- Assets
- $77.7m
- Revenue
- $3.1m
- Investments
- $2.2m
- Employees
- 0
- Location
- New Braufels, TX
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 26-2011830
Organization Overview
Mckenna Foundation is located in New Braufels, TX. The organization was established in 2008. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mckenna 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 12/2022, Mckenna Foundation generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mckenna Foundation has awarded 307 individual grants totaling $24,509,786. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES TO ENHANCE THE HEALTH AND WELL-BEING OF THE NEW BRAUNFELS COMMUNITY.
Describe the Organization's Program Activity:
THE MCKENNA FOUNDATION AWARDS FUNDS TO APPROVED GRANT APPLICANTS WHO ARE NONPROFIT ORGANIZATIONS THAT OFFER NEW OR EXISTING PROGRAMMING THAT FALL WITHIN OUR WELL-BEING PRIORITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Jewell CEO | Officer | 38 | $0 |
Chandra Engelke CFO | Officer | 20 | $0 |
Jeff Albrecht Director | Trustee | 2 | $0 |
Lorrie Coles Chair | OfficerTrustee | 2 | $0 |
Julie Garcia Director | Trustee | 2 | $0 |
Robert Hunt Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,000 |
| Total Program Service Revenue | $0 |
| Investment income | $2,326,335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $721,465 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,123,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,323,567 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,954 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $63,049 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $256,479 |
| Fees for services: Other | $29,700 |
| Advertising and promotion | $0 |
| Office expenses | $36,424 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,760 |
| Travel | $7,221 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,333 |
| Insurance | $33,320 |
| All other expenses | $11,620 |
| Total functional expenses | $3,426,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,342 |
| Savings and temporary cash investments | $216,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,922 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $75,041,989 |
| Investments—other securities | $2,210,970 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $77,737,402 |
| Accounts payable and accrued expenses | $1,077 |
| Grants payable | $2,686,721 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,098,639 |
| Total liabilities | $8,786,437 |
| Net assets without donor restrictions | $66,523,816 |
| Net assets with donor restrictions | $2,427,149 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $77,737,402 |
Grants Awarded
Over the last fiscal year, Mckenna Foundation has awarded $2,319,742 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
ANY BABY CAN PURPOSE: COMPREHENSIVE FAMILY SUPPORT SVCS | $65,500 |
BIG BROTHERS BIG SISTERS PURPOSE: WORKPLACE MENTORING | $15,500 |
BELIEVE IT FOUNDATION PURPOSE: ADAPTIVE BIKING | $50,000 |
CASA OF CENTRAL TEXAS PURPOSE: COURT APPOINTED CHILD ADVOCACY | $73,715 |
CENTRAL TEXAS DISPUTE RESOLUT PURPOSE: MEDICATION SERVICES, CAPITAL | $82,825 |
BULVERDE SENIOR CENTER PURPOSE: SENIOR ACTIVITY CENTER OPERATIONS | $25,000 |