D W Mcmillan Foundation
- Assets
- $24.6m
- Revenue
- $1.9m
- Investments
- $23.1m
- Employees
- 0
- Location
- Brewton, AL
- Founding
- 10/1960
- Data as of
- 12/2021
- EIN
- 63-6044830
Organization Overview
D W Mcmillan Foundation is located in Brewton, AL. The organization was established in 1960. 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. D W Mcmillan 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 12/2021, D W Mcmillan Foundation generated $1.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 4 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 2020, D W Mcmillan Foundation has awarded 146 individual grants totaling $2,659,350. 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 |
|---|---|---|---|
Daniel W Mcmillan Trustee | 26 | $66,613 | |
Allison R Sinrod Trustee | 23 | $35,930 | |
Michael N Hoke III Trustee | 21 | $26,838 | |
Robert R Smith Jr Trustee | 19 | $24,566 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $69,071 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,046,486 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $804,025 |
| Capital Gain Net Income | $804,025 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,919,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $153,947 |
| Other employee salaries and wages | $45,151 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,049 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,802 |
| Total operating and administrative expenses | $420,054 |
| Contributions, gifts, grants paid | $1,322,500 |
| Total expenses and disbursements | $1,742,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,790 |
| Savings and temporary cash investments | $1,033,130 |
| 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 | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $272,829 |
| Total assets | $24,604,706 |
| 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, D W Mcmillan Foundation has awarded $1,322,500 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES OF NORTHWEST FLORIDA PURPOSE: TO PROMOTE THE GENERAL WELFARE OF THE POOR OR NEEDY INHABITANTS OF ESCAMBIA COUNTY, ALABAMA AND ESCAMBIA COUNTY, FLORIDA WITHOUT REGARD TO RACE, CREED OR COLOR. | $220,000 |
DEPARTMENT OF HUMAN RESOURCES PURPOSE: TO PROMOTE THE GENERAL WELFARE OF THE POOR OR NEEDY INHABITANTS OF ESCAMBIA COUNTY, ALABAMA AND ESCAMBIA COUNTY, FLORIDA WITHOUT REGARD TO RACE, CREED OR COLOR. | $140,000 |
HEALTHCARE AUTHORITY PURPOSE: TO PROMOTE THE GENERAL WELFARE OF THE POOR OR NEEDY INHABITANTS OF ESCAMBIA COUNTY, ALABAMA AND ESCAMBIA COUNTY, FLORIDA WITHOUT REGARD TO RACE, CREED OR COLOR. | $64,000 |
BAPTIST HEALTHCARE FOUNDATION-LAKEVIEW PURPOSE: TO PROMOTE THE GENERAL WELFARE OF THE POOR OR NEEDY INHABITANTS OF ESCAMBIA COUNTY, ALABAMA AND ESCAMBIA COUNTY, FLORIDA WITHOUT REGARD TO RACE, CREED OR COLOR. | $55,000 |
COMMISSION-VICTIM ADVOCATES-CASE AIDS PURPOSE: TO PROMOTE THE GENERAL WELFARE OF THE POOR OR NEEDY INHABITANTS OF ESCAMBIA COUNTY, ALABAMA AND ESCAMBIA COUNTY, FLORIDA WITHOUT REGARD TO RACE, CREED OR COLOR. | $42,000 |
DEPARTMENT OF HEALTH PURPOSE: TO PROMOTE THE GENERAL WELFARE OF THE POOR OR NEEDY INHABITANTS OF ESCAMBIA COUNTY, ALABAMA AND ESCAMBIA COUNTY, FLORIDA WITHOUT REGARD TO RACE, CREED OR COLOR. | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Louis And Gloria Flanzer Philantrhopic Tr Sarasota, FL | $95,188,629 | $13,796,000 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |