Armstrong Mcdonald Foundation
- Assets
- $21.3m
- Revenue
- $6.0m
- Investments
- $14.7m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 11/1986
- Data as of
- 12/2021
- EIN
- 36-3458711
Organization Overview
Armstrong Mcdonald Foundation is located in Tucson, AZ. The organization was established in 1986. 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. Armstrong Mcdonald 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 12/2021, Armstrong Mcdonald Foundation generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 17.8% per year over the past 4 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 2021, Armstrong Mcdonald Foundation has awarded 24 individual grants totaling $2,100,318. 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 |
|---|---|---|---|
Laurie Bouchard President | 0 | $0 | |
Corby L Lust Vice President | 0 | $0 | |
Michael J Bouchard Secretary/treasurer | 5 | $0 | |
Ryan M Bouchard Vice President | 0 | $0 | |
Todd Mcdonald Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $143,029 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,838,315 |
| Capital Gain Net Income | $5,838,315 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,981,344 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6 |
| Taxes | $60,400 |
| Depreciation | $0 |
| Occupancy | $1,403 |
| Travel, conferences, and meetings | $1,168 |
| Printing and publications | $0 |
| Other expenses | $3,978 |
| Total operating and administrative expenses | $226,881 |
| Contributions, gifts, grants paid | $2,100,318 |
| Total expenses and disbursements | $2,327,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,549,320 |
| 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 | $21,297,920 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $26 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26 |
Grants Awarded
Over the last fiscal year, Armstrong Mcdonald Foundation has awarded $2,100,318 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Point Lookout, MO PURPOSE: COLLEGE OF THE OZARKS ARMSTRONG MCDONALD SCHOOL OF NURSING FALL 2021 | $390,000 |
Hastings, NE PURPOSE: HURLEY MCDONALD HALL RENOVATIONS | $180,000 |
ZOOLOGICAL SOCIETY OF SAN DIEGO PURPOSE: WHITE RHINOCEROS REPRODUCTION | $160,997 |
Bellevue, NE PURPOSE: INTEGRATED TECHNOLOGIES LAB | $154,000 |
TU NIDITO PURPOSE: GRIEF SUPPORT PROGRAMMING | $140,000 |
UNIVERSITY OF ARIZONA FOUNDATION-STEELE CHILDREN'S RESEARCH CENTER PURPOSE: STEELE CHILDREN'S RESEARCH CENTER 2021 A-60 MICROPLUS | $140,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |