The Mcpherson Foundation
- Assets
- $516.1k
- Revenue
- $20.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Incline Vlg, NV
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 51-0639053
Organization Overview
The Mcpherson Foundation is located in Incline Vlg, NV. The organization was established in 2007. 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. Mcpherson Foundation 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, Mcpherson Foundation generated $20.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.4% each year . All expenses for the organization totaled $30.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith A Spees Director | 3 | $7,750 | |
Frank Spees Director | 1.5 | $3,898 | |
Kristen Marchello Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100 |
| Interest on Savings | $1,809 |
| Dividends & Interest | $6,475 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,990 |
| Capital Gain Net Income | $11,990 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,648 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,909 |
| Total operating and administrative expenses | $19,685 |
| Contributions, gifts, grants paid | $10,429 |
| Total expenses and disbursements | $30,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,032 |
| Savings and temporary cash investments | $505,037 |
| 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 | $516,069 |
| 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 Mcpherson Foundation has awarded $10,429 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
EDDY HOUSE PURPOSE: YOUTH HOMELESSNES | $50 |
GIDEONS INTL PURPOSE: RELIGION | $400 |
ROTARY PURPOSE: COMMUNITY SERVICE | $824 |
TAHOE FOREST HOSPICE PURPOSE: HOSPICE | $40 |
PRESBYTERIAN WOMEN PURPOSE: MISSIONS | $55 |
TAHOE FAMILY SOLUTIONS PURPOSE: FAMILY ASSISTANCE | $10 |