H Richard Mcfarland Charitable Tr
- Assets
- $11.1m
- Revenue
- $6.9m
- Investments
- $4.4m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/1989
- Data as of
- 12/2020
- EIN
- 35-6479692
Organization Overview
H Richard Mcfarland Charitable Tr is located in Indianapolis, IN. The organization was established in 1989. 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. H Richard Mcfarland Charitable Tr 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 12/2020, H Richard Mcfarland Charitable Tr generated $6.9m in total revenue. All expenses for the organization totaled $984.9k during the year ending 12/2020. While expenses have increased by 121.4% per year over the past 3 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 2019, H Richard Mcfarland Charitable Tr has awarded 11 individual grants totaling $1,865,000. 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 |
|---|---|---|---|
David P Sims Trustee | 10 | $18,000 | |
Marian Sims Trustee | 0.1 | $0 | |
Michael Mcfarland Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,403,557 |
| Interest on Savings | $5,181 |
| Dividends & Interest | $19,574 |
| Net Rental Income | $62,799 |
| Net Gain on Sale of Assets | $321,959 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,903,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $31 |
| Taxes | $761 |
| Depreciation | $0 |
| Occupancy | $50,308 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95,906 |
| Total operating and administrative expenses | $219,936 |
| Contributions, gifts, grants paid | $765,000 |
| Total expenses and disbursements | $984,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,198,624 |
| Savings and temporary cash investments | $0 |
| 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 | $4,391,435 |
| Net Land, buildings, and equipment | $5,509,409 |
| Other assets | $0 |
| Total assets | $11,099,468 |
| 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, H Richard Mcfarland Charitable Tr has awarded $950,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
H RICHARD MCFARLAND EARLY AMERICANA PURPOSE: SEE EXPENDITURE RESPONSIBILITY STATEMENT | $550,000 |
Indianapolis, IN PURPOSE: GENERAL SUPPORT | $250,000 |
HEARTLAND MINDFULNESS COLLECTIVE PURPOSE: GENERAL SUPPORT | $125,000 |
Carmel, IN PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |