Virginia Mckinney Charitable Tr is located in Lubbock, TX. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2023, Virginia Mckinney Charitable Tr generated $1.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $62.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $1,888 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $1,888 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,507 | 
| 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 | $60 | 
| Total operating and administrative expenses | $8,545 | 
| Contributions, gifts, grants paid | $53,550 | 
| Total expenses and disbursements | $62,095 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,261 | 
| Savings and temporary cash investments | $0 | 
| 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 | $142,261 | 
| 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 | 
Over the last fiscal year, Virginia Mckinney Charitable Tr has awarded $10,500 in support to 8 organizations.
| Grant Recipient | Amount | 
|---|---|
| TEXAS BOYS RANCH PURPOSE: SERVE CHILDREN IN NEED | $2,500 | 
| BOYS & GIRLS CLUB OF LUBBOCK PURPOSE: SERVE CHILDREN IN NEED | $1,000 | 
| FAMILY PROMISE INC PURPOSE: SERVE MOTHERS AND CHILDREN | $500 | 
| CASA OF THE SOUTH PLAINS PURPOSE: SERVING FOSTER CHILDREN | $500 | 
| PARKRIDGE PREGNANCY CENTER PURPOSE: SERVE MOTHERS AND CHILDREN | $500 | 
| ONE VOICE HOME PURPOSE: SERVING VICTIMS OF TRAFFICING | $500 |