John L Mchugh Foundation Inc
- Assets
- $1.2m
- Revenue
- $130.6k
- Investments
- $1.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/1959
- Data as of
- 09/2023
- EIN
- 13-6141528
Organization Overview
John L Mchugh Foundation Inc is located in New York, NY. The organization was established in 1959. 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. John L Mchugh 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 09/2023, John L Mchugh Foundation Inc generated $130.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.0% each year . All expenses for the organization totaled $172.7k during the year ending 09/2023. While expenses have increased by 6.3% per year over the past 7 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 2015, John L Mchugh Foundation Inc has awarded 328 individual grants totaling $789,300. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Clar Vice Pres, Director | 5 | $9,500 | |
Sally Harwood President, Director | 10 | $14,500 | |
Amy Rich Vice Pres, Director | 5 | $9,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,551 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,047 |
| Capital Gain Net Income | $74,047 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $130,598 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,464 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $388 |
| Total operating and administrative expenses | $36,352 |
| Contributions, gifts, grants paid | $136,300 |
| Total expenses and disbursements | $172,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,098 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,153,205 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,156,303 |
| 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 | $22,000 |
| Total liabilities | $22,000 |
Grants Awarded
Over the last fiscal year, John L Mchugh Foundation Inc has awarded $136,300 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
ALVIN AILEY DANCE THEATRE PURPOSE: UNRESTRICTED GRANT | $3,000 |
ACTORS' FUND OF AMERICA PURPOSE: UNRESTRICTED GRANT | $5,000 |
ALZHEIMERS ASSOCIATION PURPOSE: HELPING PEOPLE WITH ALZHEIMER'S | $3,000 |
AMERICAN BALLET THEATRE PURPOSE: UNRESTRICTED GRANT | $5,000 |
AMERICAN RED CROSS PURPOSE: UNRESTRICTED GRANT | $8,000 |
AMERICAN LUNG ASSOCIATION PURPOSE: UNRESTRICTED GRANT | $2,000 |