Sam And Carol Mcadow Family Foundation
- Assets
- $366.1k
- Revenue
- $17.7k
- Investments
- $356.4k
- Employees
- 0
- Location
- Powell, OH
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 31-1779858
Organization Overview
Sam And Carol Mcadow Family Foundation is located in Powell, OH. The organization was established in 2002. 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. Sam And Carol Mcadow 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, Sam And Carol Mcadow Family Foundation generated $17.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 45.6% each year . All expenses for the organization totaled $26.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING IS THE ONLY ACTIVITY OF THE FOUNDATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol B Mcadow Vice President | 0 | $0 | |
Samuel J Mcadow Vice President | 0 | $0 | |
Michael R Mcadow Vice President | 0 | $0 | |
John M Mcadow Vice President | 0 | $0 | |
Samuel James Mcadow President | 0.5 | $0 | |
Elizabeth J Sullivan Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,698 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,965 |
| Capital Gain Net Income | $15,965 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $379 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,266 |
| Total operating and administrative expenses | $2,645 |
| Contributions, gifts, grants paid | $23,570 |
| Total expenses and disbursements | $26,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,771 |
| 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 | $366,147 |
| 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, Sam And Carol Mcadow Family Foundation has awarded $23,570 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Dublin, OH PURPOSE: TO SUPPORT THE CHURCH WITH EXPENSES AND MISSIONS | $14,400 |
DUBLIN FOOD PANTRY PURPOSE: ASSIST WITH PROVIDING FOOD FOR THOSE IN NEED | $3,000 |
SOUTH CHARLESTON HERITAGE CORP PURPOSE: TOWARD UPKEEP OF THEIR HISTORICAL PROPERTIES | $1,600 |
JUDICIAL WATCH PURPOSE: SUPPORT THEIR NON-PARTISAN EDUCATIONAL FOUNDATION | $1,000 |
RADIO AMERICA PURPOSE: TO SUPPORT PROGRAMMING | $664 |
Evanston, IL PURPOSE: TO SUPPORT THE UNIVERSITY | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |