Paul And Betty Mcdonald Foundation
- Assets
- $669.4k
- Revenue
- $52.9k
- Investments
- $591.5k
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 09/1997
- Data as of
- 12/2023
- EIN
- 72-1379238
Organization Overview
Paul And Betty Mcdonald Foundation is located in Shreveport, LA. The organization was established in 1997. 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. Paul And Betty Mcdonald 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, Paul And Betty Mcdonald Foundation generated $52.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $48.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Paul And Betty Mcdonald Foundation has awarded 195 individual grants totaling $351,228. 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 |
|---|---|---|---|
Betsy V Boze Trustee | 1 | $0 | |
Lee Gray Boze Trustee | 1 | $0 | |
Broox Boze Trustee | 1 | $0 | |
Garret Vogel Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,433 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,450 |
| Capital Gain Net Income | $39,450 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $52,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $316 |
| Depreciation | $0 |
| Occupancy | $9,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,844 |
| Contributions, gifts, grants paid | $27,500 |
| Total expenses and disbursements | $48,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,925 |
| Savings and temporary cash investments | $0 |
| 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 | $591,522 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $669,447 |
| 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, Paul And Betty Mcdonald Foundation has awarded $27,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
CAVE EXPLORATION SOCIETY PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $2,000 |
CHIMP HAVEN PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $1,000 |
PET SAVERS INC PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $1,000 |
SOUTHFIELD SCHOOL PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $2,000 |
THE GLEN RETIREMENT SYSTEM PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $500 |
USS KIDD VETERANS MEMORIAL PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $1,000 |