Mccutcheon Foundation
- Assets
- $807.6k
- Revenue
- $88.3k
- Investments
- $788.7k
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 03/1997
- Data as of
- 12/2023
- EIN
- 86-0830682
Organization Overview
Mccutcheon Foundation is located in Phoenix, AZ. 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. Mccutcheon 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, Mccutcheon Foundation generated $88.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $1.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mccutcheon Foundation has awarded 108 individual grants totaling $373,028. 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 |
|---|---|---|---|
Charline Appleby Vice-Preside | 0 | $0 | |
Joseph Appleby President | 0 | $0 | |
Edward Mccutcheon Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,577 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $71,771 |
| Capital Gain Net Income | $1,528 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,348 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $510 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $1,855 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,972 |
| 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 | $0 |
| Total assets | $807,645 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $8,500 |
| 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 | $8,500 |
Grants Awarded
Over the last fiscal year, Mccutcheon Foundation has awarded $40,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CARTER CENTER PURPOSE: PUBLIC CHARITY | $2,000 |
FOCUSSED ULTRASOUND FOUNDATION PURPOSE: PUBLIC CHARITY | $11,500 |
ASSUMPTION-STBRIDGET SCHOOL PURPOSE: PUBLIC CHARITY | $2,000 |
YES INSTITUTE MIAMI PURPOSE: PUBLIC CHARITY | $10,500 |
NATURAL RESOURCES DEFENCE COUNCIL PURPOSE: PUBLIC CHARITY | $4,500 |
JOSEPH'S HOUSE PURPOSE: PUBLIC CHARITY | $9,500 |