Armstrong Mcdonald Foundation
- Assets
- $20.5m
- Revenue
- $660.0k
- Investments
- $16.9m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 11/1986
- Data as of
- 12/2022
- 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 12/2022, Armstrong Mcdonald Foundation generated $660.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Armstrong Mcdonald Foundation has awarded 46 individual grants totaling $3,325,903. 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 | |
Ryan M Bouchard Vice President | 0 | $0 | |
Corby L Lust Vice President | 0 | $0 | |
Todd Mcdonald Vice President | 0 | $0 | |
Michael J Bouchard Secretary/treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $211,555 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $448,471 |
| Capital Gain Net Income | $448,471 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $660,026 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $101,670 |
| Depreciation | $0 |
| Occupancy | $1,736 |
| Travel, conferences, and meetings | $2,728 |
| Printing and publications | $0 |
| Other expenses | $4,101 |
| Total operating and administrative expenses | $248,061 |
| Contributions, gifts, grants paid | $1,225,585 |
| Total expenses and disbursements | $1,473,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,568,485 |
| 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 | $20,484,274 |
| 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, Armstrong Mcdonald Foundation has awarded $1,225,585 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA'S CHILDREN ASSOCIATION PURPOSE: ARIZONA KINSHIP SUPPORT SERVICES-PIMA COUNTY | $9,600 |
ANDRA HEART FOUNDATION PURPOSE: CHILDREN, TEENS & FAMILIES:BALD BEAUTIES PROJECT | $10,400 |
BIG BROTHERS BIG SISTERS OF THE MIDLANDS PURPOSE: COMMUNITY BASED MENTORING | $12,000 |
BLIND INC PURPOSE: PURCHASE BRAILE EMBOSSER TO SUPPORT STUDENT LITERACY IN THE BLINDNESS TRAINING PROGRAMS | $13,596 |
CASA DE LOS NINOS PURPOSE: BEHAVIORAL AND MENTAL HEALTH SERVICES | $32,000 |
CASCADE FOUNDATION PURPOSE: CASCADE 2022 GRANT REQUEST | $31,200 |