Ronald Mcdonald House Trust Fund
- Assets
- $3.6m
- Revenue
- $334.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 61-6216083
Organization Overview
Ronald Mcdonald House Trust Fund is located in Lexington, KY. The organization was established in 1994. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Trust Fund 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, Ronald Mcdonald House Trust Fund generated $334.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $24.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FUND INVESTS CASH AND OTHER ASSETS FOR THE BENEFIT OF THE RONALD MCDONALD HOUSE CHARITIES OF THE BLUEGRASS, INC.
Describe the Organization's Program Activity:
THE TRUST FUND WAS CREATED TO RECEIVE, HOLD, PRESERVE, AND INVEST CASH AND OTHER ASSETS FOR THE ULTIMATE BENEFIT OF RONALD MCDONALD HOUSE CHARITIES OF THE BLUEGRASS, INC. IN OPERATION OF THE HOUSE. THE HOUSE PROVIDES TEMPORARY HOUSING FOR CHILDREN, WHO ARE AFFLICTED WITH SERIOUS PHYSICAL AND MENTAL DISEASES OR DISORDERS, AND THEIR FAMILIES DURING THEIR PERIOD OF TREATMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Burton Treasurer | OfficerTrustee | 1 | $0 |
Max Smith Secretary | OfficerTrustee | 1 | $0 |
Claudia Healy Past President | OfficerTrustee | 1 | $0 |
Greg Hosfield President Elect | OfficerTrustee | 1 | $0 |
Scott Vollet President | OfficerTrustee | 1 | $0 |
Nathan Graham Executive Dir | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $100,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Investment income | $55,068 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $179,044 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,738 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $24,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $137,491 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,473 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,461,456 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,603,420 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,349,661 |
| Net assets with donor restrictions | $1,253,759 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,603,420 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ronald Mcdonald House Trust Fund has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Whitaker Foundation Inc Lexington, KY PURPOSE: SUPPORT OF PROGRAMS | $5,000 |
Endowment Analysis
| Beg. Balance | $1,206,776 |
| Earnings | $135,734 |
| Admin Expense | $8,751 |
| Net Contributions | $20,000 |
| Other Expense | $100,000 |
| Ending Balance | $1,253,759 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ronald Mcdonald House Charities Of Northeast Ohio Inc Cleveland, OH | $36,230,740 | $6,843,245 |
Ronald Mcdonald House Charities Of Kansas City Inc Kansas City, MO | $27,398,591 | $8,017,708 |
Ronald Mcdonald House Charities Inc Youngstown, OH | $0 | $1,738,198 |
Ronald Mcdonald House Charities Of St Louis St Louis, MO | $27,629,828 | $13,443,191 |
Ronald Mcdonald House Charities Of Greater Washington Dc Inc Falls Church, VA | $23,518,081 | $3,394,943 |
Ronald Mcdonald House Charities Of Central Ohio Inc Columbus, OH | $58,634,339 | $11,417,646 |
Donate Life Foundation St Louis, MO | $91,166,594 | $6,901,700 |
Project Camp Inc Scottsville, KY | $18,355,939 | $3,774,764 |
Ronald Mcdonald House Charities Of Kentuckiana Inc Louisville, KY | $27,153,177 | $3,859,145 |
Hospital Hospitality House Of Richmond Inc Richmond, VA | $19,495,218 | $3,888,827 |
Make-A-Wish Foundation Of The Mid- South Inc Memphis, TN | $7,531,176 | $3,943,183 |
Dream Factory Inc Louisville, KY | $4,700,001 | $2,973,080 |