Mcdonnell Foundation Inc
- Assets
- $64.7m
- Revenue
- $20.8m
- Investments
- $55.2m
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 05/1987
- Data as of
- 12/2021
- EIN
- 43-1439173
Organization Overview
Mcdonnell Foundation Inc is located in Kansas City, MO. The organization was established in 1987. 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. Mcdonnell Foundation Inc 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, Mcdonnell Foundation Inc generated $20.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $4.7m during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Mcdonnell Director | 0 | $12,000 | |
Mary C Fielder Director | 0 | $12,000 | |
Jean W Mcdonnell President & Director | 0 | $0 | |
Thomas A Mcdonnell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,142,969 |
| Interest on Savings | $60,597 |
| Dividends & Interest | $1,185,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,264,891 |
| Capital Gain Net Income | $15,264,891 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $129,227 |
| Total Revenue | $20,782,993 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,730 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $348,273 |
| Contributions, gifts, grants paid | $4,377,870 |
| Total expenses and disbursements | $4,726,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,961,835 |
| Savings and temporary cash investments | $7,508,995 |
| 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 | $5,440,852 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $64,677,190 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |