Mcdonough Foundation Inc is located in Mahopac, NY. The organization was established in 2006. 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. Mcdonough 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 12/2022, Mcdonough Foundation Inc generated $5.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (62.3%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PAYMENT MADE TO CATERER ON BEHALF OF THE TOWN OF CARMEL FOR THE TOWN'S ANNUAL THANKSGIVING DINNER FOR LOCAL VETERANS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Mcdonough Director/pre | 0.5 | $0 | |
Robbin Jones Director | 0 | $0 | |
Jessica Mcdonough Director/tre | 0.5 | $0 | |
Patrick O'keefe Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27 |
| Total expenses | $1,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,303 |
| Other assets | $0 |
| Total assets | $8,303 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,303 |