Virginia A Mcguire Foundation
- Assets
- $2.5m
- Revenue
- $23.8k
- Investments
- $2.4m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 20-3261051
Organization Overview
Virginia A Mcguire Foundation is located in Pennington, NJ. The organization was established in 2005. 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. Virginia A Mcguire 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 12/2022, Virginia A Mcguire Foundation generated $23.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (36.0%) each year. All expenses for the organization totaled $142.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Virginia A Mcguire Foundation has awarded 32 individual grants totaling $442,159. 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 |
|---|---|---|---|
Bank Of America N A Co-Trustee | 2 | $25,909 | |
Ralph Engel Co-Trustee | 2 | $2,580 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,955 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,044 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,931 |
| Total Revenue | $23,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,489 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,217 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $588 |
| Total operating and administrative expenses | $31,294 |
| Contributions, gifts, grants paid | $111,500 |
| Total expenses and disbursements | $142,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,955 |
| Savings and temporary cash investments | $32,810 |
| 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 | $481,422 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,493,995 |
| 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, Virginia A Mcguire Foundation has awarded $111,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED STATES FUND FOR UNICEF PURPOSE: GENERAL OPERATING | $5,000 |
WHITE PLAINS HOSPITAL MEDICAL CENTER PURPOSE: GENERAL OPERATING | $10,000 |
JULIE DYCKMAN ANDRUS MEMORIAL INC PURPOSE: GENERAL OPERATING | $10,000 |
WELLS COLLEGE PURPOSE: GENERAL OPERATING | $15,000 |
DOCTORS WITHOUT BORDERS USA INC PURPOSE: GENERAL OPERATING | $5,000 |
TOWN OF MARARONECK PURPOSE: GENERAL OPERATING | $26,500 |