Dave Mcgillivray Finish Strong Foundation Inc
- Assets
- $281.4k
- Revenue
- $365.6k
- Investments
- $0.0
- Employees
- 0
- Location
- North Andover, MA
- Founding
- 10/2003
- Data as of
- 12/2023
- EIN
- 86-1064752
Organization Overview
Dave Mcgillivray Finish Strong Foundation Inc is located in North Andover, MA. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public 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. Dave Mcgillivray Finish Strong 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 12/2023, Dave Mcgillivray Finish Strong Foundation Inc generated $365.6k in total revenue. All expenses for the organization totaled $303.1k during the year ending 12/2023. While expenses have increased by 67.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION INSPIRES AND EMPOWERS YOUTH ACROSS NEW ENGLAND AND BEYOND TO INCREASE PHYSICAL ACTIVITY, EXPAND LITERACY AND BUILD COMMUNITY AND SELF-ESTEEM THOUGH RUNNING, READING, AND PERFORMING ACTS OF KINDNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023, THE DAVE MCGILLIVRAY FINISH STRONG FOUNDATION (DMFSF) MADE OVER 20 GRANTS TO DIFFERENT ORGANIZATIONS THAT ALIGN WITH THE MISSION OF THE DAVE MCGILLIVRAY FINISH STRONG FOUNDATION. DMFSF CONTINUED THEIR CAMPAIGN TO ENDOW THE DAVE MCGILLIVRAY ATHLETIC SCHOLARSHIP AT MERRIMACK COLLEGE THAT WILL FINANCIALLY ASSIST STUDENTS WHOSE PASSION IS ATHLETICS AND, IN PARTICULAR, RUNNING.
DURING 2022 DMFSF ROLLED OUT THE RUNNING IS RIGHT PROGRAM, WHICH SEEKS TO PROVIDE YOUNG PEOPLE LIVING WITH LIMB LOSS THE ACCESS THEY NEED TO RECREATIONAL PROSTHETICS. DURING 2022 DMFSF STRATREGIZED WITH SHRINERS HOSPITALS FOR CHILDREN TO PRODUCE SPECIAL EVENTS ACROSS THE COUNTRY. THE EVENTS, WHICH WILL TAKE PLACE IN 2023. WILL ALLOW THEIR PATIENTS TO BE FITTED WITH FREE RUNNING BLADES, TRAINED IN USING THEM TO RUN AND ENJOY THE SPORTS THEY LOVE, AND WILL BE GIVEN AN OPPORTUNITY TO MEET AND ENGAGE WITH OTHER CHILDREN JUST LIKE THEM! DUING 2022, OVER 10 CHILD AMPUTEES WERE FITTED RUNNING BLADES, EMPOWERING THEM TO MOVE MORE AND UNLOCK A FUTURE THAT INCLUDES SPORTS AND FITNESS.
RUN MEDFORD RUN, WHICH PROMOTES THE THREE PILLARS OF THE FOUNDATION; EXERCISE, READING AND ACTS OF KINDNESS. OVER 700 RUNNERS TOOK PART IN EITHER (EXERCISE) A KID'S FUN RUN, PARA/ADAPTIVE MILE, HIGH SCHOOL MILE, MAYOR'S CELERBITY MILE, 5K OR 8K RACE. THE FOUNDATION IS GIVING BACK TO THE COMMUNITY (ACTS OF KINDNESS) THAT HELPED RAISE THE FOUNDER/PRESIDENT OF THE FOUNDATON. BENEFICIARIES OF THE RUN WERE THE CHARLOTTE AND WILLIAM BLOOMBERG PUBLIC LIBRARY, POWER KIDS SUMMER ENRICHMENT PROGRAM, MEDFORD PARKS AND RECREATION PROGRAM, MEDFORD SENIOR CENTER, AND THE CENTER FOR CITIZENSHIP AND SOCIAL RESPONSIBILTY AT MEDFORD HIGH SCHOOL. EACH PARTICIPANT RECIEVED A COPY OF ONE OF THE FOUNDERS THREE CHILDREN'S BOOKS "RUNNING ACROSS AMERICA " (OTHERS ARE "DREAM BIG AND "FINISH STRONG") - PROMOTING READING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mcgillivray President/treasurer | OfficerTrustee | 10 | $0 |
John Mancuso Clerk | OfficerTrustee | 5 | $0 |
Barry Chait Treasurer | OfficerTrustee | 7.5 | $0 |
Nancy Fehrer Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $327,422 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,422 |
| Total Program Service Revenue | $38,184 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $365,606 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,019 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $63,463 |
| Fees for services: Legal | $4,500 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,560 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,865 |
| Total functional expenses | $303,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,444 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $281,444 |
| Accounts payable and accrued expenses | $16,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,000 |
| Net assets without donor restrictions | $237,723 |
| Net assets with donor restrictions | $27,721 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $281,444 |
Grants Awarded
Over the last fiscal year, Dave Mcgillivray Finish Strong Foundation Inc has awarded $69,019 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MERRIMACK COLLEGE PURPOSE: ENDOW THE DAVE MCGILLIVRAY AHTLETIC SCHOLARSHIP THAT WILL FINANCIALLY ASSIST STUDENTS WHOSE PASSION IS ATHLETICS AND, IN PARTICULAR RUNNING. | $20,000 |
METROWEST YMCA PURPOSE: GENERAL FUND | $10,000 |
ANDOVER POLICE DEPARTMENT PURPOSE: TO PURCHASE BYCLES FOR POLICE OFFICERS | $10,000 |
THE SPORTS MUSEUM PURPOSE: GENRAL FUND | $10,000 |
OVER 20 501(C)(3) ORGANIZATIONS RECEIVING GRANTS FROM 100-2500 PURPOSE: DONATIONS TO THE GENERAL FUNDS OF THE DIFFERENT ORGANZATIONS THAT ALIGN WITH THE DMFS FOUNDATION TO USE IN THEIR GENERAL CAPACITY | $19,019 |