Mckinley Foundation
- Assets
- $0.0
- Revenue
- $1.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Flint, MI
- Founding
- 07/2017
- Data as of
- 10/2021
- EIN
- 36-4853516
Organization Overview
Mckinley Foundation is located in Flint, MI. The organization was established in 2017. 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. Mckinley 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 10/2021, Mckinley Foundation generated $1.7k 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 (72.6%) each year. All expenses for the organization totaled $1.7m during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Rowe President, D | 0 | $0 | |
Annette Rowe Treasurer, D | 0 | $0 | |
Melissa Mayer Secretary, D | 0 | $0 | |
Matthew Rowe Director | 0 | $0 | |
Anthony Rowe Director | 0 | $0 | |
Aileen Rowe Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $667 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,006 |
| Capital Gain Net Income | $1,006 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,673 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,348 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,026 |
| Total operating and administrative expenses | $1,026 |
| Contributions, gifts, grants paid | $1,697,820 |
| Total expenses and disbursements | $1,698,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,247 |
| 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 | $0 |
| 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, Mckinley Foundation has awarded $75,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
FLINT PUBLIC LIBRARY PURPOSE: GENERAL | $10,000 |
ST LUKE'S NEW LIFE CENTER PURPOSE: GENERAL | $1,000 |
ST MICHAEL THE ARCHANGLE PURPOSE: GENERAL | $5,000 |
THE GATHERING PLACE PURPOSE: GENERAL | $1,000 |
UNIVERSITY OF MINESOTTA PURPOSE: GENERAL | $1,000 |
FORGOTTEN HARVEST PURPOSE: GENERAL | $1,000 |