The Mckenna Family Foundation
- Assets
- $337.0k
- Revenue
- $32.3k
- Investments
- $318.5k
- Employees
- 0
- Location
- Jensen Beach, FL
- Founding
- 04/1994
- Data as of
- 12/2022
- EIN
- 22-6609294
Organization Overview
The Mckenna Family Foundation is located in Jensen Beach, FL. The organization was established in 1994. 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. Mckenna Family 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, Mckenna Family Foundation generated $32.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $32.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mckenna Family Foundation has awarded 132 individual grants totaling $276,004. 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 |
|---|---|---|---|
Michael J Mckenna Executive Direc | 0 | $0 | |
Letitia Palumbo Trustee | 0 | $0 | |
Carol Steinke Trustee | 0 | $0 | |
Suzanne Karcher Trustee | 0 | $0 | |
Kathleen Doyle Trustee | 0 | $0 | |
Jane Dorey Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,092 |
| Capital Gain Net Income | $27,092 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,233 |
| Total Revenue | $32,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $32,125 |
| Total expenses and disbursements | $32,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,550 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $337,009 |
| 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, The Mckenna Family Foundation has awarded $32,125 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
LASALLE UNIVERSITY PURPOSE: EDUCATIONAL PROGRAMS & SCHOLARSHIPS | $6,000 |
HOUSE OF CHARITY BISHOPS APPEA PURPOSE: COMMUNITY PROGRAMS | $385 |
OBLATES OF ST FRANCIS DE SALES PURPOSE: ENDOWMENT FUND | $5,500 |
THOMAS JEFFERSON HOSPITAL PURPOSE: MEDICAL RESEARCH | $10,000 |
DIOCESE OF PALM BEACH PURPOSE: RELIGIOUS | $1,240 |
MOUNT NAZARETH PURPOSE: CHARITABLE | $500 |