Devereaux F And Dorothy Mcclatchey Foundation Inc 011004108-150
- Assets
- $4.6m
- Revenue
- $81.2k
- Investments
- $3.1m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 07/1991
- Data as of
- 12/2023
- EIN
- 58-6250115
Organization Overview
Devereaux F And Dorothy Mcclatchey Foundation Inc 011004108-150 is located in Atlanta, GA. The organization was established in 1991. 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. Devereaux F And Dorothy Mcclatchey Foundation Inc 011004108-150 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 12/2023, Devereaux F And Dorothy Mcclatchey Foundation Inc 011004108-150 generated $81.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $256.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Devereaux F And Dorothy Mcclatchey Foundation Inc 011004108-150 has awarded 155 individual grants totaling $1,054,450. 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 |
|---|---|---|---|
John M Saunders President | 1 | $0 | |
Dorothy S Kelly Vice President | 1 | $0 | |
Elaine Knight Secretary | 1 | $0 | |
Patricia J Klein Treasurer | 1 | $0 | |
Eve Mcclatchey Saunders Board Member | 1 | $0 | |
Alesandra D Saunders Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $63,765 |
| Net Rental Income | $13,937 |
| Net Gain on Sale of Assets | -$52,811 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $81,154 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,297 |
| Depreciation | $9,155 |
| Occupancy | $45,621 |
| Travel, conferences, and meetings | $1,323 |
| Printing and publications | $0 |
| Other expenses | $70,823 |
| Total operating and administrative expenses | $135,179 |
| Contributions, gifts, grants paid | $121,500 |
| Total expenses and disbursements | $256,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,570 |
| Savings and temporary cash investments | $75,490 |
| 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 | $2,276 |
| Net Investments - land, buildings, equipment | $344,160 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $945,947 |
| Total assets | $4,554,993 |
| 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, Devereaux F And Dorothy Mcclatchey Foundation Inc 011004108-150 has awarded $121,500 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ANSLEY PARK BEAUTIFICATION FOUNDATION PURPOSE: GENERAL | $25,000 |
CASA OF TROUP COUNTY PURPOSE: GENERAL | $2,000 |
CHARLOTTE FAMILY HOUSING PURPOSE: GENERAL | $500 |
CRISIS ASSISTANCE MINISTRY PURPOSE: GENERAL | $500 |
FERNBANK MUSEUM OF NATURAL HISTORY PURPOSE: CURATOR & OVERHEAD EXPENSES | $15,000 |
GEORGIA TECH FOUNDATION PURPOSE: GENERAL | $3,000 |