Macdonald Foundation
- Assets
- $11.2m
- Revenue
- $534.3k
- Investments
- $8.2m
- Employees
- 0
- Location
- Wausau, WI
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 33-6269762
Organization Overview
Macdonald Foundation is located in Wausau, WI. The organization was established in 2000. 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. Macdonald 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, Macdonald Foundation generated $534.3k 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 (10.8%) each year. All expenses for the organization totaled $648.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Macdonald Foundation has awarded 384 individual grants totaling $5,189,785. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Macdonald Trustee | 1 | $0 | |
Donna Macdonald Trustee | 1 | $0 | |
Matthew Macdonald Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $422,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,249 |
| Capital Gain Net Income | $83,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,564 |
| Total Revenue | $534,300 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,623 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,027 |
| Total operating and administrative expenses | $40,606 |
| Contributions, gifts, grants paid | $607,940 |
| Total expenses and disbursements | $648,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,197 |
| Savings and temporary cash investments | $2,810,158 |
| 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 | $11,156,094 |
| 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, Macdonald Foundation has awarded $607,940 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB WAUSAU PURPOSE: SERVICES FOR YOUTH | $27,500 |
ST PIUS X ST MATTHIAS PURPOSE: FOR SCHOLARSHIP FUND AND THE SCHOOL'S ANNUAL FUND | $50,000 |
K-TECH CHARITIES INC PURPOSE: PROVIDED SUPPORT TO THE AREA'S NEEDY FAMILIES AND OTHER NON-PROFIT ORGS | $5,000 |
ROLLING HILLS PREPARATORY SCHOOL PURPOSE: FOR SCHOLARSHIP FUND AND THE SCHOOL'S ANNUAL FUND | $75,000 |
BIG BROTHERSBIG SISTERS NORTH CENTRAL WISCONSIN PURPOSE: MENTORING THE YOUTH IN THE WAUSAU COMMUNITY | $20,000 |
SAMOSET COUNCIL BOY SCOUTS OF AMERICA PURPOSE: VALUES BASED YOUTH DEVELOPMENT | $3,000 |