James N Mccoy Foundation
- Assets
- $188.1m
- Revenue
- $108.2m
- Investments
- $164.0m
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 11/1995
- Data as of
- 12/2023
- EIN
- 75-2587034
Organization Overview
James N Mccoy Foundation is located in Wichita Falls, TX. The organization was established in 1995. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. James N Mccoy 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, James N Mccoy Foundation generated $108.2m in total revenue. All expenses for the organization totaled $4.5m during the year ending 12/2023. While expenses have increased by 18.5% per year over the past 5 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, James N Mccoy Foundation has awarded 298 individual grants totaling $17,721,400. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki D Mccoy Trustee/president | 2 | $0 | |
R Ken Hines Trustee/vp/sec/treasurer | 8 | $0 | |
Robert W Goff Jr Trustee | 1 | $0 | |
Nancy S Marks Trustee | 1 | $0 | |
Gary T Oatman Trustee | 1 | $0 | |
Lesley B Chasteen Assistant Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $105,354,453 |
| Interest on Savings | $728,353 |
| Dividends & Interest | $2,445,483 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$287,048 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$13,643 |
| Total Revenue | $108,227,598 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,362 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $496 |
| Total operating and administrative expenses | $311,016 |
| Contributions, gifts, grants paid | $4,191,850 |
| Total expenses and disbursements | $4,502,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $890,872 |
| Savings and temporary cash investments | $22,922,122 |
| 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 | $301,792 |
| Total assets | $188,107,719 |
| 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, James N Mccoy Foundation has awarded $4,191,850 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
THE ARC OF WICHITA COUNTY PURPOSE: GENERAL OPERATIONS. | $20,000 |
ARTS COUNCIL WICHITA FALLS AREA INC PURPOSE: GENERAL OPERATIONS. | $75,000 |
BIG BROTHERS BIG SISTERS LONE STAR PURPOSE: GENERAL OPERATIONS. | $20,000 |
NORTHWEST TEXAS COUNCIL BOY SCOUTS OF AMERICA PURPOSE: GENERAL OPERATIONS. | $25,000 |
BOYS & GIRLS CLUB OF WICHITA FALLS PURPOSE: CAPITAL CAMPAIGN. | $250,000 |
CAMP FIRE NORTH TEXAS PURPOSE: GENERAL OPERATIONS. | $30,000 |