Thomas & Sarah Macmahon Fam Char Fdtn Tr
- Assets
- $3.5m
- Revenue
- $1.0m
- Investments
- $2.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 05-6141146
Organization Overview
Thomas & Sarah Macmahon Fam Char Fdtn Tr is located in Wilmington, DE. The organization was established in 2004. 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. Thomas & Sarah Macmahon Fam Char Fdtn Tr 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 12/2022, Thomas & Sarah Macmahon Fam Char Fdtn Tr generated $1.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 4 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.
Since 2020, Thomas & Sarah Macmahon Fam Char Fdtn Tr has awarded 71 individual grants totaling $4,458,410. 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 |
|---|---|---|---|
Sarah Macmahon Trustee | 1 | $0 | |
Kelly Macmahon Ewing Trustee | 1 | $0 | |
Lauren Macmahon Hand Trustee | 1 | $0 | |
Thomas P Macmahon Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $921,000 |
| Interest on Savings | $3,314 |
| Dividends & Interest | $50,532 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,712 |
| Capital Gain Net Income | $840,815 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $70 |
| Total Revenue | $1,020,628 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,482 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,062 |
| Total operating and administrative expenses | $55,147 |
| Contributions, gifts, grants paid | $1,495,050 |
| Total expenses and disbursements | $1,550,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,013,511 |
| 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 | $3,520,492 |
| 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, Thomas & Sarah Macmahon Fam Char Fdtn Tr has awarded $1,495,050 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
BOSTON COLLEGE TRUSTEES PURPOSE: GENERAL & UNRESTRICTED | $27,500 |
CHATHAM DAY SCHOOL INC PURPOSE: GENERAL & UNRESTRICTED | $7,500 |
COMMUNITY FOUNDATION OF NEW JERSEY PURPOSE: BHYC PRESERVATION FUND | $6,000 |
FAIRFIELD UNIVERSITY PURPOSE: GENERAL & UNRESTRICTED | $6,000 |
FLORHAM PARK MEMORIAL FIRST AID SQUAD INC PURPOSE: GENERAL & UNRESTRICTED | $2,000 |