Mackin Foundation Inc

Organization Overview

Mackin Foundation Inc is located in Louisville, KY. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Mackin 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, Mackin Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $788.7k during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Mackin Foundation Inc has awarded 40 individual grants totaling $1,653,300. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $101
Dividends & Interest $167,854
Net Rental Income$0
Net Gain on Sale of Assets $1,258,165
Capital Gain Net Income $1,258,165
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,426,120

Grants Awarded

Over the last fiscal year, Mackin Foundation Inc has awarded $686,000 in support to 22 organizations.

Grant RecipientAmount

ST XAVIER HIGH SCHOOL

PURPOSE: EDUCATION

$170,000

SPALDING UNIVERSITY

Org PageRecipient Profile

Louisville, KY

PURPOSE: EDUCATION

$100,000

CENTRE COLLEGE OF KENTUCKY

Org PageRecipient Profile

Danville, KY

PURPOSE: EDUCATION

$100,000

ST JOSEPHS CHILDRENS HOME

PURPOSE: SUPPORT FOR NEEDY

$100,000

WEST END SCHOOL

PURPOSE: EDUCATION

$70,000

CATHOLIC EDUCATION FOUNDATION

Org PageRecipient Profile

Louisville, KY

PURPOSE: EDUCATION

$25,000
View Grant Profile

Peer Organizations

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