Maybelle Clark Macdonald Fund
- Assets
- $122.0m
- Revenue
- $2.1m
- Investments
- $121.5m
- Employees
- 0
- Location
- Bend, OR
- Founding
- 05/1971
- Data as of
- 06/2024
- EIN
- 23-7108002
Organization Overview
Maybelle Clark Macdonald Fund is located in Bend, OR. The organization was established in 1971. 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. Maybelle Clark Macdonald Fund 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 06/2024, Maybelle Clark Macdonald Fund generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $8.3m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Maybelle Clark Macdonald Fund has awarded 1,126 individual grants totaling $56,380,731. 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 |
|---|---|---|---|
Monique M Sanvitale President | 30 | $204,550 | |
Clark C Munro Chairman | 20 | $48,000 | |
Maurie M Munro Secretary | 4 | $19,928 | |
Clark C Munro Jr Director | 1 | $3,000 | |
Warner R Munro Director | 1 | $3,000 | |
Gary Branden Director | 2 | $3,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 6/29/24 | $360,896 |
Becker Capital Management | 6/29/24 | $155,794 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $841 |
| Dividends & Interest | $3,566,973 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,432,533 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$32,709 |
| Total Revenue | $2,102,572 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $282,978 |
| Other employee salaries and wages | $57,631 |
| Pension plans, employee benefits | $162,646 |
| Interest | $0 |
| Taxes | $46,304 |
| Depreciation | $10,121 |
| Occupancy | $8,113 |
| Travel, conferences, and meetings | $6,933 |
| Printing and publications | $3,991 |
| Other expenses | $41,603 |
| Total operating and administrative expenses | $1,162,762 |
| Contributions, gifts, grants paid | $7,105,595 |
| Total expenses and disbursements | $8,268,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $218,899 |
| 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 | $9,462,314 |
| Net Land, buildings, and equipment | $213,126 |
| Other assets | $0 |
| Total assets | $121,963,679 |
| 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, Maybelle Clark Macdonald Fund has awarded $7,460,595 in support to 175 organizations.
| Grant Recipient | Amount |
|---|---|
ABUSE RECOVERY MINISTRY & SERVICES PURPOSE: DOMESTIC VIOLENCE RECOVERY & TRAINING | $35,000 |
ABC HOUSE INC PURPOSE: CELEBRATE HOPE! SPECIAL APPEAL CHALLENGE GRANT | $25,000 |
AGE PURPOSE: SHARED FUTURE OREGON | $50,000 |
ALL CLASSICAL PUBLIC MEDIA INC PURPOSE: ALL CLASSICAL RADIO MEDIA ARTS CENTER AT KOIN TOWER-BUILDING THE FUTURE OF MUSIC, ART, AND PORTLAND | $300,000 |
AMERICAN RED CROSS PURPOSE: BIOMEDICAL BUNDLE | $75,000 |
ALBERTA ABBEY FELLOWSHIP PURPOSE: GENERAL OPERATING SUPPORT FOR THE ALBERTA ABBEY IN 2024-25 | $10,000 |