James P Mccarron Jr Medical Foundation Inc
- Assets
- $419.9k
- Revenue
- $18.2k
- Investments
- $409.6k
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1990
- Data as of
- 03/2024
- EIN
- 13-3566240
Organization Overview
James P Mccarron Jr Medical Foundation Inc is located in New York, NY. The organization was established in 1990. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James P Mccarron Jr Medical 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 03/2024, James P Mccarron Jr Medical Foundation Inc generated $18.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $57.3k during the year ending 03/2024. While expenses have increased by 4.8% 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 2021, James P Mccarron Jr Medical Foundation Inc has awarded 12 individual grants totaling $161,000. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF LIMERICK FOUNDATIONMEDICAL RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James P Mccarron II President | 3 | $0 | |
James P Mccarron III Secretary | 1 | $0 | |
Maureen Mccarron Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $1,501 |
| Dividends & Interest | $11,867 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,859 |
| Capital Gain Net Income | $2,859 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $65 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,655 |
| Printing and publications | $0 |
| Other expenses | $2,574 |
| Total operating and administrative expenses | $10,335 |
| Contributions, gifts, grants paid | $47,000 |
| Total expenses and disbursements | $57,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,218 |
| Savings and temporary cash investments | $3,144 |
| 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 | $409,562 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $419,924 |
| 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, James P Mccarron Jr Medical Foundation Inc has awarded $47,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF LIMERICK FDTN INC PURPOSE: MEDICAL RESEARCH | $25,000 |
UNIVERSITY OF LIMERICK FDTN INC PURPOSE: MEDICAL SUPPORT | $11,000 |
VERMONT ADAPTIVE CHARITY PURPOSE: MEDICAL SUPPORT | $1,000 |
WEILL CORNELL MEDICINE PURPOSE: MEDICAL RESEARCH | $10,000 |