Michael T Mccormick Jr Memorial Foundation Inc

Organization Overview

Michael T Mccormick Jr Memorial Foundation Inc is located in West Orange, NJ. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael T Mccormick Jr Memorial Foundation Inc 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, Michael T Mccormick Jr Memorial Foundation Inc generated $11.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $6.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Michael T Mccormick Jr Memorial Foundation Inc has awarded 39 individual grants totaling $221,313. 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.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $11,000
Interest on Savings $38
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $11,038

Grants Awarded

Over the last fiscal year, Michael T Mccormick Jr Memorial Foundation Inc has awarded $4,750 in support to 2 organizations.

Grant RecipientAmount

SETON HALL PREP

PURPOSE: SCHOLARSHIPS/CHARITABLE DONATIONS/ GENERAL PURPOSE OF THE CHARITY

$4,250

VARIOUS INDIVIDUALS

PURPOSE: SCHOLARSHIPSSCHOLARSHIPSCHARITABLE DONATIONS

$500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Michael T Mccormick Jr Memorial Foundation Inc has recieved totaling $500.

Awarding OrganizationAmount
Davino Family Foundation Inc

Chatham, NJ

PURPOSE: CHARITABLE

$500
View Grant Recipient Profile

Create an account to unlock the data you need.

or