Harold W Mcgraw Iii Foundation Inc
- Assets
- $17.9m
- Revenue
- $485.2k
- Investments
- $17.6m
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 07/2018
- Data as of
- 12/2022
- EIN
- 82-3557736
Organization Overview
Harold W Mcgraw Iii Foundation Inc is located in Stamford, CT. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Harold W Mcgraw Iii Foundation Inc 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, Harold W Mcgraw Iii Foundation Inc generated $485.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Harold W Mcgraw Iii Foundation Inc has awarded 16 individual grants totaling $4,121,516. 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 |
|---|---|---|---|
Harold W Mcgraw III President, Treasurer | 0.25 | $0 | |
Nancy G Mcgraw Vice President, Secretary | 0.25 | $0 | |
Howard S Tuthill III Asst. Treasurer, Asst. Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $367,813 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $117,371 |
| Capital Gain Net Income | $117,371 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $485,184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,450 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $665 |
| Total operating and administrative expenses | $141,140 |
| Contributions, gifts, grants paid | $2,678,402 |
| Total expenses and disbursements | $2,819,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $353,783 |
| 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 | $1,361,804 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,948,814 |
| 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, Harold W Mcgraw Iii Foundation Inc has awarded $2,678,402 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF GREENWICH INC PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $126,608 |
CANINE COMPANIONS FOR INDEPENDENCE PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $497,189 |
CARNEGIE HALL CORP PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $50,643 |
FAMILY CENTERS INC PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $249,790 |
FRIENDS OF FORMAN CHRISTIAN COLLEGE INC PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $1,201,980 |
THE NEW YORK PUBLIC LIBRARY PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $100,935 |