Roger I And Ruth B Macfarlane Foundation
- Assets
- $34.9m
- Revenue
- $2.9m
- Investments
- $29.7m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2010
- Data as of
- 12/2022
- EIN
- 26-6157610
Organization Overview
Roger I And Ruth B Macfarlane Foundation is located in Los Angeles, CA. The organization was established in 2010. 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. Roger I And Ruth B Macfarlane 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, Roger I And Ruth B Macfarlane Foundation generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 3.0% 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 2014, Roger I And Ruth B Macfarlane Foundation has awarded 111 individual grants totaling $9,757,520. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger I Macfarlane Trustee | 1 | $0 | |
Ruth B Macfarlane Trustee | 1 | $0 | |
Taryn Macfarlane Board Chair, Trustee | 1 | $0 | |
Alex Macfarlane Vice Chair, Trustee | 1 | $0 | |
Katherine Meyer Trustee | 1 | $0 | |
Jessica Macfarlane Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Trust-bank Of America Private Wealth | 12/30/22 | $171,764 |
Align Impact | 12/30/22 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $90,891 |
| Dividends & Interest | $561,805 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$267,401 |
| Capital Gain Net Income | $57,439 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $511,653 |
| Total Revenue | $2,896,948 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,327 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,683 |
| Printing and publications | $0 |
| Other expenses | $15,628 |
| Total operating and administrative expenses | $318,686 |
| Contributions, gifts, grants paid | $1,140,000 |
| Total expenses and disbursements | $1,458,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,830 |
| Savings and temporary cash investments | $5,161,027 |
| 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 | $15,428,235 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,074 |
| Total assets | $34,868,801 |
| Accounts payable and accrued expenses | $10 |
| 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 | $20,692 |
| Total liabilities | $20,702 |
Grants Awarded
Over the last fiscal year, Roger I And Ruth B Macfarlane Foundation has awarded $1,140,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
EMMA'S TORCH PURPOSE: GENERAL SUPPORT | $75,000 |
MAKE GOOD INC PURPOSE: GENERAL SUPPORT | $75,000 |
ST MARGARET'S HOUSE PURPOSE: GENERAL SUPPORT | $75,000 |
HABITAT FOR PAWS PURPOSE: GENERAL SUPPORT | $75,000 |
WAVES PROJECT PURPOSE: GENERAL SUPPORT | $75,000 |
UNITY GARDENS PURPOSE: GENERAL SUPPORT | $15,000 |