Josiah Macy Jr Foundation
- Assets
- $140.8m
- Revenue
- $15.2m
- Investments
- $135.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1930
- Data as of
- 06/2022
- EIN
- 13-5596895
Organization Overview
Josiah Macy Jr Foundation is located in New York, NY. The organization was established in 1930. 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 the central organization for a national or regional group of organizations. Josiah Macy Jr 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 06/2022, Josiah Macy Jr Foundation generated $15.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $9.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Josiah Macy Jr Foundation has awarded 91 individual grants totaling $6,790,762. 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 |
|---|---|---|---|
Holly J Humphrey MD President | 40 | $864,438 | |
Peter Goodwin Coo-Treasurer | 40 | $555,931 | |
William H Wright II Chairman | 0.5 | $0 | |
David Blumenthal Director | 0.5 | $0 | |
Francisco G Cigarroa MD Director | 0.5 | $0 | |
Terry Fulmer PHD RN Faan Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hall Capital Partners Llc | 6/29/22 | $739,483 |
Burness Communications | 6/29/22 | $108,101 |
Arabella Advisors Llc | 6/29/22 | $57,512 |
Lutz And Carr Cpas Llp | 6/29/22 | $55,185 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,792,566 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,820,049 |
| Capital Gain Net Income | $10,820,049 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,626,825 |
| Total Revenue | $15,239,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,420,369 |
| Other employee salaries and wages | $812,825 |
| Pension plans, employee benefits | $379,141 |
| Interest | $0 |
| Taxes | $479,838 |
| Depreciation | $328,503 |
| Occupancy | $21,717 |
| Travel, conferences, and meetings | $161,715 |
| Printing and publications | $0 |
| Other expenses | $1,594,668 |
| Total operating and administrative expenses | $6,447,230 |
| Contributions, gifts, grants paid | $2,531,886 |
| Total expenses and disbursements | $8,979,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $812,121 |
| Savings and temporary cash investments | $0 |
| 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 | $64,202 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $135,303,465 |
| Net Land, buildings, and equipment | $3,772,521 |
| Other assets | $814,160 |
| Total assets | $140,766,469 |
| Accounts payable and accrued expenses | $660,059 |
| Grants payable | $50,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,045,511 |
| Total liabilities | $1,755,570 |
Grants Awarded
Over the last fiscal year, Josiah Macy Jr Foundation has awarded $3,166,445 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ICHAN SCOOL OF MEDICINE AT MOUNT SINAI PURPOSE: TO SUPPORT A PROJECT ENTITLED, AN ANTI-RACIST FUTURE: TRANSFORMATIONAL CHANGE IN MEDICAL EDUCATION. | $56,510 |
AMERICAN COUNCIL OF ACADEMIC THERAPY INC PURPOSE: TO SUPPORT THE NATIONAL EQUITY, DIVERSITY, AND INCLUSION COMMISSIONS TWO-DAY SUMMIT TO BRING HEALTH PROFESSIONS LEADERS IN ACADEMIC PHYSICAL THERAPY TOGETHER TO CREATE AN ACTION PLAN FOR FOSTERING THE DIVERSITY OF THOSE IN THIS PROFESSION. | $25,000 |
BETH ISRAEL DEACONESS MEDICAL CENTER PURPOSE: TO SUPPORT A PROJECT ENTITLED, PREPARING MEDICAL STUDENTS AND THEIR TEACHERS FOR SHARED MEDICAL RECORDS WITH PATIENTS (OPENNOTES). | $147,507 |
BUILDING THE NEXT GENERATION OF ACADEMIC PHYSICIANS INC PURPOSE: TO SUPPORT A PROJECT ENTITLED, SERIOUS ILLNESS COMMUNICATION EDUCATION FOR HEALTH PROFESSIONS STUDENTS. | $25,000 |
BRANEIS UNIVERSITY PURPOSE: TO SUPPORT A PROJECT ENTITLED, RELATING ACROSS DIFFERENCE - AN IMPROVEMENT PROCESS FOR CLINICAL UNITS. | $98,483 |
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PURPOSE: TO SUPPORT A PROJECT ENTITLED, SERIOUS ILLNESS COMMUNICATION EDUCATION FOR HEALTH PROFESSIONS STUDENTS. | $199,829 |