Mcdonald Agape Foundation
- Assets
- $40.8m
- Revenue
- -$3.8m
- Investments
- $39.7m
- Employees
- 0
- Location
- Birmingham, MI
- Founding
- 11/1989
- Data as of
- 12/2022
- EIN
- 38-2840692
Organization Overview
Mcdonald Agape Foundation is located in Birmingham, MI. The organization was established in 1989. 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. Mcdonald Agape Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Mcdonald Agape Foundation has awarded 143 individual grants totaling $11,272,303. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEPOSITS FOR "FOOTSTEPS OF PAUL", A THEOLOGICAL SCHOLAR COLLOQUIUM MEDITERRANEAN CONFERENCE TO BE HELD IN JULY 2023
GEDENKSCHRIFT HONORING ALONZO L. MCDONALD ACADEMIC CONTRIBUTIONS TO THE STUDY OF RELIGION
TOWARDS COMPLETION OF THEOLOGY TOTALE TRILOGY BY REVD DR. SARAH COAKLEY FOR ACADEMIC RESEARCH SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Maurice Treasurer | 35 | $263,100 | |
Jonathan Aitken Director | 5 | $10,000 | |
Peter Mcdonald Director/president | 35 | $305,200 | |
Walter Czarnecki Director | 5 | $2,000 | |
Virginia Dunn-Biggar Director | 5 | $2,000 | |
Jennifer Peters Director | 5 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $122,000 |
| Interest on Savings | $451 |
| Dividends & Interest | $287,203 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,259,102 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30 |
| Total Revenue | -$3,849,418 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $588,300 |
| Other employee salaries and wages | $59,608 |
| Pension plans, employee benefits | $50,793 |
| Interest | $46 |
| Taxes | $32,501 |
| Depreciation | $679 |
| Occupancy | $46,993 |
| Travel, conferences, and meetings | $75,511 |
| Printing and publications | $5,775 |
| Other expenses | $541,888 |
| Total operating and administrative expenses | $1,429,065 |
| Contributions, gifts, grants paid | $4,324,028 |
| Total expenses and disbursements | $5,753,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $518,891 |
| 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 | $549,439 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $946,167 |
| Net Land, buildings, and equipment | $985 |
| Other assets | $15,046 |
| Total assets | $40,797,389 |
| Accounts payable and accrued expenses | $48,576 |
| 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 | $884,800 |
| Total liabilities | $933,376 |
Grants Awarded
Over the last fiscal year, Mcdonald Agape Foundation has awarded $4,324,028 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY - VAGELOS MEDICAL COLLEGE PURPOSE: EDUCATION: THEOLOGY/MEDICINE - THEOLOGICAL FRAMEWORKS IN MEDICINE | $100,000 |
BELMONT UNIVERSITY PURPOSE: EDUCATION :THEOLOGY - IMPACT AND INNOVATION | $25,000 |
COLUMBIA UNIVERSITY - VAGELOS MEDICAL COLLEGE PURPOSE: EDUCATION: ETHICS/MEDICINE - MEDICAL ETHICS FELLOWSHIP | $300,000 |
DUKE UNIVERSITY - DIVINITY SCHOOL PURPOSE: EDUCATION: THEOLOGY/MEDICINE - OUT OF OUR MEDS | $25,000 |
DUKE UNIVERSITY - DIVINITY SCHOOL PURPOSE: EDUCATION: THEOLOGY - DOCTORAL PROGRAM SUPPORT | $70,000 |
DOMINICAN HOUSE OF STUDIES PURPOSE: EDUCATION: THEOLOGY - HARVARD LECTURE SERIES | $50,000 |