The Mcalister Foundation
- Assets
- $6.9m
- Revenue
- $130.9k
- Investments
- $6.7m
- Employees
- 0
- Location
- Laurens, SC
- Founding
- 03/2002
- Data as of
- 04/2024
- EIN
- 57-1112302
Organization Overview
The Mcalister Foundation is located in Laurens, SC. The organization was established in 2002. 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. Mcalister 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 2021, Mcalister Foundation has awarded 55 individual grants totaling $1,476,036. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR HIGHER EDUCATION - SCHEDULE IS ATTACHED
FIRST UNITED METHODIST CHURCH OF LAURENS FOR GENERAL BUDGET
LAURENS FAMILY YMCA FOR PUBLIC RECREATION
CLINTON FAMILY YMCA FOR OPERATIONS AND PUBLIC RECREATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert D Mcalister Jr Trustee Director | 2 | $0 | |
Albert D Mcalister Sr Trustee Director | 0 | $0 | |
Donald D Mcalister Trustee Director | 0 | $500 | |
James A Coleman Trustee Director | 0 | $500 | |
Katie M Forsyth Trustee Director | 2 | $500 | |
Camille Mcalister Director | 0 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $0 |
| Dividends & Interest | $151,017 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$20,201 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $130,866 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,758 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $33,101 |
| Contributions, gifts, grants paid | $424,337 |
| Total expenses and disbursements | $457,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,641 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $5,061 |
| 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 | $8,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,873,804 |
| 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 | $1,758 |
| Total liabilities | $1,758 |
Grants Awarded
Over the last fiscal year, The Mcalister Foundation has awarded $424,337 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH PURPOSE: FOR CHURCH OPERATIONS | $65,000 |
GOOD SHEPHERD FREE CLINIC PURPOSE: FREE MEDICAL CARE | $2,000 |
HABITAT FOR HUMANITY PURPOSE: AFFORDABLE HOUSING FOR LOW INCOME FAMILIES | $5,000 |
HOSPICE OF LAURENS COUNTY PURPOSE: QUALITY OF LIFE FOR DYING PATIENTS | $10,000 |
LAURENS CO BAPTIST CRISIS CENTER PURPOSE: FOOD AND CLOTHING FOR NEEDY FAMILIES | $5,000 |
LAURENS CITY CEMETERY PURPOSE: FOR PERPETUAL CEMETERY MAINTENANCE | $2,000 |