The Charles B Mclin And Mary M Mclin Foundation
- Assets
- $2.3m
- Revenue
- $129.9k
- Investments
- $2.2m
- Employees
- 0
- Location
- Mount Dora, FL
- Founding
- 05/2000
- Data as of
- 12/2023
- EIN
- 59-7148365
Organization Overview
The Charles B Mclin And Mary M Mclin Foundation is located in Mount Dora, FL. The organization was established in 2000. 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. Charles B Mclin And Mary M Mclin 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 12/2023, Charles B Mclin And Mary M Mclin Foundation generated $129.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $234.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Charles B Mclin And Mary M Mclin Foundation has awarded 152 individual grants totaling $856,262. 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 | $0 |
| Dividends & Interest | $62,445 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,422 |
| Capital Gain Net Income | $67,422 |
| Net ST Capital Gain | $67,422 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $129,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,479 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,186 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $36,800 |
| Contributions, gifts, grants paid | $197,937 |
| Total expenses and disbursements | $234,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,435 |
| 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 | $20,325 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,252,124 |
| 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 Charles B Mclin And Mary M Mclin Foundation has awarded $197,937 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNT DORA CHRISTIAN ACADEMY PURPOSE: BOOSTER CLUB MEMBERSHIP, SCOREBOARD SPONSHORSHIP | $2,200 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: CAMP LODGING & TRANSPORTATION OF STUDENTS | $8,000 |
MOUNT DORA COMMUNITY TRUST PURPOSE: MT DORA TEACHER LEGACY OPS FUND | $500 |
EDUCATION FOUNDATION OF LAKE COUNTY PURPOSE: MDHS CRIMINAL JUSTICE CAREER & TECH PROGRAM | $4,000 |
HURRICANE BOOSTERS INC PURPOSE: BOOSTER CLUB MEMBERSHIP | $1,000 |
FORWARD PATHS FOUNDATION INC PURPOSE: FINANCIAL ASSISTANCE TO HOMELESS AT-RISK YOUTH IN LAKE COUNTY, FL | $10,000 |