Magee Christian Education Foundation

Organization Overview

Magee Christian Education Foundation is located in Simpsonville, KY. The organization was established in 1958. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magee Christian Education 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 12/2022, Magee Christian Education Foundation generated $365.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $323.6k during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Magee Christian Education Foundation has awarded 181 individual grants totaling $1,998,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHRISTIAN EDUCATION GRANTS TO VARIOUS EDUCATIONAL INSTITUTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Justin Hummel
President
$0
Rev Dr Clarenda M Phillips
Vice Preside
$0
Rev Dr Jean G Hawxhurst
Secretary-Tr
$0
Glen S Bagby
Director
$0
Jeffrey Hill
Director
$0
Bishop Sandra Steiner Ball
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $121,422
Net Rental Income$0
Net Gain on Sale of Assets $244,211
Capital Gain Net Income $244,211
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $365,633

Grants Awarded

Over the last fiscal year, Magee Christian Education Foundation has awarded $254,000 in support to 19 organizations.

Grant RecipientAmount

AFRICA UNIVERSITY

PURPOSE: EDUCATION

$10,000

WME - ALPS

PURPOSE: EDUCATION

$7,000

CAMPBELLSVILLE UNIVERSITY

PURPOSE: EDUCATION

$2,000

CANDLER SCHOOL OF THEOLOGY

PURPOSE: EDUCATION

$15,000

CLAREMONT SCHOOL OF THEOLOGY

PURPOSE: EDUCATION

$15,000

DREW UNIVERSITY

PURPOSE: EDUCATION

$15,000
View Grant Profile

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Miami University Foundation Inc
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Wku Student Life Foundation Inc
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