Ronald L Mcdaniel Foundation
- Assets
- $19.6m
- Revenue
- $1.4m
- Investments
- $18.9m
- Employees
- 0
- Location
- Burr Ridge, IL
- Founding
- 12/1995
- Data as of
- 12/2021
- EIN
- 36-4012153
Organization Overview
Ronald L Mcdaniel Foundation is located in Burr Ridge, IL. The organization was established in 1995. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald L Mcdaniel 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, Ronald L Mcdaniel Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ronald L Mcdaniel Foundation has awarded 78 individual grants totaling $6,846,455. 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
2021
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 |
|---|---|---|---|
Ronald Mcdaniel President | 10 | $0 | |
Brenda Jacobs Treasurer | 1 | $0 | |
Julia Sampieri Secretary | 1 | $0 | |
Barbara Gulick Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19 |
| Dividends & Interest | $501,369 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $926,048 |
| Capital Gain Net Income | $926,048 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,427,436 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,234 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $174,171 |
| Total operating and administrative expenses | $185,405 |
| Contributions, gifts, grants paid | $1,762,000 |
| Total expenses and disbursements | $1,947,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,422 |
| Savings and temporary cash investments | $611,403 |
| 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 | $19,567,300 |
| 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, Ronald L Mcdaniel Foundation has awarded $1,762,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HAYES ARBORETUM PURPOSE: CHARITABLE | $750,000 |
BOYS & GIRLS CLUB OF WAYNE COUNTY PURPOSE: CHARITABLE | $500,000 |
Naperville, IL PURPOSE: CHARITABLE | $300,000 |
Woodridge, IL PURPOSE: CHARITABLE | $102,000 |
Glen Ellyn, IL PURPOSE: CHARITABLE | $100,000 |
INDIAN BOUNDARY YMCA PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Contacts Inc Elgin, IL | $3,819,582 | $12,869,082 |
Institute For Community Alliances Des Moines, IA | $2,443,302 | $12,133,028 |
New Directions Housing Corporation Louisville, KY | $27,737,851 | $9,868,214 |
Western Home Services Inc Cedar Falls, IA | $36,931,248 | $9,460,886 |
Chicago Metropolitan Housing Development Corporation Chicago, IL | $46,092,100 | $7,394,940 |
Partners For Community Development Inc Sheboygan, WI | $8,253,882 | $7,968,342 |
West Chicago Preservation Corp Chicago, IL | $9,151,204 | $2,715,959 |
Cedar Lake Residences Inc Louisville, KY | $2,301,086 | $7,918,008 |
Ahepa Affordable Housing Management Company Inc Fishers, IN | $29,875,447 | $8,886,631 |
Justine Petersen Housing And Reinvestment Corporation Saint Louis, MO | $49,338,747 | $7,649,655 |
Bridge Communities Inc Glen Ellyn, IL | $16,127,143 | $5,545,489 |
Appalachian Foothills Housing Agency Incorporated Wurtland, KY | $1,707,535 | $4,881,556 |