Mccown Family Foundation
- Assets
- $313.5k
- Revenue
- $72.0k
- Investments
- $304.9k
- Employees
- 0
- Location
- Portola Valley, CA
- Founding
- 08/1999
- Data as of
- 05/2024
- EIN
- 94-3303581
Organization Overview
Mccown Family Foundation is located in Portola Valley, CA. The organization was established in 1999. 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. Mccown Family 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 05/2024, Mccown Family Foundation generated $72.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $19.6k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George E Mccown President | 0.1 | $0 | |
Karen Stone Mccown CFO | 0.1 | $0 | |
Pamela Swain Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,875 |
| Interest on Savings | $7 |
| Dividends & Interest | $2,511 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,603 |
| Capital Gain Net Income | $65,603 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $523 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95 |
| Total operating and administrative expenses | $4,644 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $19,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,540 |
| 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 | $212,452 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $313,465 |
| 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, Mccown Family Foundation has awarded $31,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HIMALAYAN FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
SIX SECONDS PURPOSE: GENERAL SUPPORT | $5,000 |
TEXAS SCOTTISH RITES HOSPITAL FOR CHILDREN FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: GENERAL SUPPORT | $5,000 |
OUTWARD BOUND CALIFORNIA PURPOSE: JOSHUA TREE BASECAMP CAPITAL CAMPAIGN | $5,000 |
SWEETWATER SPECTRUM PURPOSE: SUPPORT OF GALA | $1,000 |