Musgrave Family Foundation Inc
- Assets
- $85.3k
- Revenue
- $1.6k
- Investments
- $77.1k
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-5537392
Organization Overview
Musgrave Family Foundation Inc is located in Edmond, OK. The organization was established in 2015. 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. Musgrave Family 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 12/2022, Musgrave Family Foundation Inc generated $1.6k in total revenue. All expenses for the organization totaled $3.0k during the year ending 12/2022.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
YMCA OF GREATER OKLAHOMA CITY - PROVIDED FUNDS TO SUPPORT THE Y'S PROGRAM TO PROVIDE SPORTING ACTIVITIES TO INDIVIDUALS WITH DEVELOPMENTAL OR PHYSICAL DISABILITY
EDMOND ROTARY CLUB FOUNDATION - PROVIDED FUNDS TO HELP FUND A SHELTERBOX FOR USE IN AREAS SUFFERING DISASTERS SHELTERBOX IS A 501C3 ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Musgrave President | 5 | $0 | |
Anita Musgrave Director | 1 | $0 | |
Cynthia Masse Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $1,605 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,614 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $3,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $843 |
| Savings and temporary cash investments | $7,378 |
| 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 | $85,312 |
| 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, Musgrave Family Foundation Inc has awarded $3,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF GREATER OKLAHOMA PURPOSE: SUPPORT FOR SPORTS PROGRAM FOR DEVELOPMENTALLY DISABLED INDIVIDUALS | $2,500 |
EDMOND ROTARY CLUB FOUNDATION PURPOSE: CONTRIBUTION TO SUPPORT SHELTERBOX A 501C3 | $500 |