Dr John T Macdonald Foundation Inc
- Assets
- $26.5m
- Revenue
- $1.8m
- Investments
- $26.0m
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- 01/1960
- Data as of
- 12/2021
- EIN
- 59-0818918
Organization Overview
Dr John T Macdonald Foundation Inc is located in Coral Gables, FL. The organization was established in 1960. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Dr John T Macdonald 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 12/2021, Dr John T Macdonald Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dr John T Macdonald Foundation Inc has awarded 118 individual grants totaling $9,697,247. 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 Edward Smith Managing Dir | 40 | $99,840 | |
Aldo C Busot Fa Chairman | 1 | $0 | |
Charles A Dunn MD Vicechairman | 1 | $0 | |
Robert G Breier ESQ Director | 1 | $0 | |
Gary W Dix CPA Director | 1 | $0 | |
Joe A Reyes CPA Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,677 |
| Interest on Savings | $10 |
| Dividends & Interest | $639,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,151,845 |
| Capital Gain Net Income | $1,151,845 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,386 |
| Total Revenue | $1,830,997 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $99,840 |
| Other employee salaries and wages | $27,456 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50,280 |
| Depreciation | $0 |
| Occupancy | $26,329 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,895 |
| Total operating and administrative expenses | $285,683 |
| Contributions, gifts, grants paid | $1,031,750 |
| Total expenses and disbursements | $1,317,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $470,400 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $7,927 |
| 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 | $9,581 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,473,376 |
| Accounts payable and accrued expenses | $7,809 |
| Grants payable | $192,125 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $132,343 |
| Total liabilities | $332,277 |
Grants Awarded
Over the last fiscal year, Dr John T Macdonald Foundation Inc has awarded $1,221,750 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MIAMI PURPOSE: SCHOOL HEALTH INITIATIVE | $600,000 |
Homestead, FL PURPOSE: TO PROMOTE HEALTHCARE | $25,000 |
Homestead, FL PURPOSE: TO PROMOTE HEALTHCARE | $25,000 |
Homestead, FL PURPOSE: TO PROMOTE HEALTHCARE | $25,000 |
SSJ HEALTH FNDNSTJOHN BOSCO CLINIC PURPOSE: TO PROMOTE HEALTHCARE | $25,000 |
EPILEPSY FOUNDATION OF FLORIDA PURPOSE: TO PROMOTE HEALTHCARE | $17,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dr John T Macdonald Foundation Inc has recieved totaling $6,875.
| Awarding Organization | Amount |
|---|---|
School-Based Health Alliance Washington, DC PURPOSE: HEALTHY SCHOOLS INITIATIVE | $6,875 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mitchell Wolfson Sr Foundation Miami, FL | $245,881,118 | $51,380,734 |
Sudco Inc & Affiliates Voluntary Empl Beneficiary Association Tr Jacksonville, FL | $1,629,809 | $12,527,671 |
Lucille S Beeson Charitable Remainder 66 1055001761 Birmingham, AL | $200,434,362 | $15,901,903 |
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |
Arnold & Winnie Palmer Foundation Inc Orlando, FL | $20,742,397 | $2,603,528 |
Mssa Ila Vacation Plan And Trust Mobile, AL | $2,494,985 | $3,007,833 |
W I H Pitts Charitable Tr Ua 110187 Orlando, FL | $39,439,716 | $4,048,727 |
Blake Family Foundation Inc Atlanta, GA | $54,641,915 | $13,537,530 |
St Marys United Methodist Church Foundation Inc Saint Marys, GA | $38,808,441 | $1,300,375 |