Mcmichael Family Foundation

Organization Overview

Mcmichael Family Foundation is located in Madison, NC. The organization was established in 1992. 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. Mcmichael Family 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 09/2022, Mcmichael Family Foundation generated $7.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $3.4m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Mcmichael Family Foundation has awarded 35 individual grants totaling $11,026,500. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $26,941
Dividends & Interest $914,226
Net Rental Income$0
Net Gain on Sale of Assets $6,167,829
Capital Gain Net Income $6,167,829
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $133,700
Total Revenue $7,242,696

Grants Awarded

Over the last fiscal year, Mcmichael Family Foundation has awarded $2,800,500 in support to 8 organizations.

Grant RecipientAmount

GRANTS UNDER 100000

PURPOSE: GENERAL PURPOSE

$1,352,600

MARY BALDWIN COLLEGE

PURPOSE: GENERAL PURPOSE

$500,000

NC STATE UNIVERSITY

PURPOSE: GENERAL PURPOSE

$221,400

NATIONAL CHRISTIAN FOUNDATION KY

PURPOSE: GENERAL PURPOSE

$210,000

Elon, NC

PURPOSE: GENERAL PURPOSE

$205,000

WESTCHESTER COUNTRY DAY SCHOOL

Org PageRecipient Profile

High Point, NC

PURPOSE: GENERAL PURPOSE

$111,500
View Grant Profile

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