The Bob & Barbara Mccord Private Foundation Inc
- Assets
- $1.5m
- Revenue
- $44.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Allegany, NY
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 47-1821434
Organization Overview
The Bob & Barbara Mccord Private Foundation Inc is located in Allegany, NY. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bob & Barbara Mccord Private 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, Bob & Barbara Mccord Private Foundation Inc generated $44.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $100.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bob & Barbara Mccord Private Foundation Inc has awarded 47 individual grants totaling $459,868. 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 |
|---|---|---|---|
Marcia Karl President/secretary | 1 | $0 | |
Karen Zandi Vice President | 1 | $0 | |
Kalyn Burgess Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36 |
| Dividends & Interest | $34,777 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,849 |
| Capital Gain Net Income | $9,849 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,662 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,685 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,082 |
| Contributions, gifts, grants paid | $73,000 |
| Total expenses and disbursements | $100,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $95,627 |
| 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 | $1,427,439 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,523,066 |
| 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, The Bob & Barbara Mccord Private Foundation Inc has awarded $73,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, NY PURPOSE: GENERAL PROGRAMMING | $27,500 |
CATTARAUGUS REGION COMMUNITY FOUNDATION PURPOSE: SCHOLARSHIP FUNDS | $13,000 |
OTTO ELDRED HIGH SCHOOL PURPOSE: GENERAL PROGRAMMING | $12,000 |
OHIO STATE AGRICULTURAL TECHNICAL INSTITUTE PURPOSE: SCHOLARSHIP | $10,000 |
CPMC PURPOSE: GENERAL | $5,000 |
ROBERTS WESLYAN PURPOSE: GENERAL | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Word Of Life Fellowship Inc Schroon Lake, NY | $120,358,230 | $77,023,933 |
Vision Benefits Of America Inc Suite 400 Carnegie, PA | $64,908,622 | $38,442,292 |
Diakon Child Family & Community Ministries Topton, PA | $23,881,449 | $28,006,448 |
Mercy Life Inc West Springfield, MA | $6,533,362 | $24,380,335 |
Chayim Vchesed Inc Brooklyn, NY | $4,624,709 | $20,578,750 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |