David Mckinlay Trust
- Assets
- $2.4m
- Revenue
- $152.7k
- Investments
- $2.2m
- Employees
- 0
- Location
- Lynwood, WA
- Founding
- 05/1953
- Data as of
- 12/2023
- EIN
- 91-0586921
Organization Overview
David Mckinlay Trust is located in Lynwood, WA. The organization was established in 1953. 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. David Mckinlay Trust 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, David Mckinlay Trust generated $152.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $198.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David Mckinlay Trust has awarded 69 individual grants totaling $1,358,235. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Harrison President | 0 | $0 | |
David T Sweeney Vice Preside | 0 | $0 | |
C William Rehm Director | 0 | $0 | |
Margaret Symons Director | 0 | $0 | |
Henry Iske Treasurer | 0 | $0 | |
Frederic L Roebke Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,457 |
| Dividends & Interest | $53,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,308 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,901 |
| Total Revenue | $152,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $618 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,570 |
| Total operating and administrative expenses | $38,326 |
| Contributions, gifts, grants paid | $160,000 |
| Total expenses and disbursements | $198,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $232,011 |
| 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 | $99,500 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $62 |
| Total assets | $2,438,202 |
| 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, David Mckinlay Trust has awarded $160,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
VISON HOUSE PURPOSE: YOUTH ASSISTANCE | $30,000 |
SAMBICA PURPOSE: YOUTH ASSISTANCE | $25,000 |
HOPE CENTRAL PURPOSE: YOUTH ASSISTANCE | $30,000 |
YMCA OF GREATER SEATTLE PURPOSE: YOUTH ASSISTANCE | $15,000 |
FRIENDS OF THE CHILDREN PURPOSE: YOUTH ASSISTANCE | $20,000 |
SANCTUARY ART CENTER PURPOSE: YOUTH ASSISTANCE | $10,000 |