D V & Ida Mceachern Charitable Fdn
- Assets
- $16.2m
- Revenue
- $830.9k
- Investments
- $14.9m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 07/1971
- Data as of
- 08/2023
- EIN
- 91-6063710
Organization Overview
D V & Ida Mceachern Charitable Fdn is located in Milwaukee, WI. The organization was established in 1971. 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. D V & Ida Mceachern Charitable Fdn 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 08/2023, D V & Ida Mceachern Charitable Fdn generated $830.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $784.0k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, D V & Ida Mceachern Charitable Fdn has awarded 225 individual grants totaling $2,211,962. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $630,927 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $200,016 |
| Capital Gain Net Income | $200,016 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $830,943 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,097 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,678 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,850 |
| Total operating and administrative expenses | $172,625 |
| Contributions, gifts, grants paid | $611,336 |
| Total expenses and disbursements | $783,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,269,654 |
| 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 | $11,552,458 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,187,808 |
| 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, D V & Ida Mceachern Charitable Fdn has awarded $575,865 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
CANCER PATHWAYS PURPOSE: CHARITABLE | $10,000 |
SEATTLE YOUTH SYMPHONY PURPOSE: CHARITABLE | $7,500 |
ARLINGTON EDUCATION FOUNDATION PURPOSE: CHARITABLE | $5,000 |
PACIFIC NORTHWEST BALLET PURPOSE: CHARITABLE | $5,000 |
OUTDOOR FOR ALL FOUNDATION PURPOSE: CHARITABLE | $5,000 |
CAMP FIRE CENTRAL PUGET SOUND PURPOSE: CHARITABLE | $25,000 |