The information for the Mcnabb Foundation is as of the organization's most recent filing in December '19. This organization is located in Wilmington, DE and has only been in existence for 1 year, since its founding in 2018.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Mcnabb Foundation's NTEE code is T20, which tells us that the organization is classified with Philanthropy, Voluntarism & Grantmaking Foundations and is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Additionally, the Mcnabb Foundation is a 501(c)(3) organization, which is described by the IRS as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Our dataset has two years of grant history for the Mcnabb Foundation. In that time, they have awarded 106 grants, with an average check size of $1,380. The organization has distributed grants in the Arts, Culture & Humanities (14), Human Services (14), and Education (11) sectors. Additionally, the organization most frequently awards grants in California (88) and New York (6), with smaller numbers of grants awarded in Massachusetts (2), Florida (1), Michigan (1), Ohio (1), Oregon (1), Pennsylvania (2), Arizona (1), New Mexico (1), Virginia (1), and Maryland (1).
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $550,000 |
Interest on Savings | $523 |
Dividends & Interest | $19,041 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$29,350 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $99,667 |
Total Revenue | $639,881 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,169 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $17,638 |
Total operating and administrative expenses | $39,798 |
Contributions, gifts, grants paid | $361,000 |
Total expenses and disbursements | $400,798 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $361,791 |
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 | $1,160,000 |
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 | $0 |
Total assets | $3,806,137 |
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 |
Over the last fiscal year, Mcnabb Foundation has awarded $361,000 in support to 331 organizations.
Grant Recipient | Amount |
---|---|
ONE MINUTE GARDENER PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Rochester, MN PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
San Anselmo, CA PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
Burlingame, CA PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
San Ramon, CA PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Petaluma, CA PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Aurora Foundation Wilmington, DE | $762,186,529 | $34,829,057 |
Segal Family Foundation Inc Warren, NJ | $106,923,735 | $21,683,461 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |