Donald Macdavid Charitable Trust
- Assets
- $5.7m
- Revenue
- $321.9k
- Investments
- $5.6m
- Employees
- 0
- Location
- Amherst, NY
- Founding
- 10/2011
- Data as of
- 12/2022
- EIN
- 45-6290317
Organization Overview
Donald Macdavid Charitable Trust is located in Amherst, NY. The organization was established in 2011. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Donald Macdavid Charitable Trust 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, Donald Macdavid Charitable Trust generated $321.9k 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 (5.8%) each year. All expenses for the organization totaled $410.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Donald Macdavid Charitable Trust has awarded 93 individual grants totaling $877,985. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $121,931 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $199,924 |
| Capital Gain Net Income | $199,924 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $321,855 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,622 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,190 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $295 |
| Total operating and administrative expenses | $80,107 |
| Contributions, gifts, grants paid | $330,309 |
| Total expenses and disbursements | $410,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,717 |
| Savings and temporary cash investments | $71,570 |
| 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 | $5,657,357 |
| 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, Donald Macdavid Charitable Trust has awarded $330,309 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
D'YOUVILLE UNIVERSITY PURPOSE: SCHOLARSHIP | $3,207 |
BUFFALO PHILHARMONIC ORCHESTRA SOC PURPOSE: MUSIC APPRECIATION | $16,034 |
MEMORIAL SLOAN-KETTERING CANCER CEN PURPOSE: MEDICAL | $6,414 |
NEW YORK UNIVERSITY PURPOSE: SCHOLARSHIP | $9,620 |
LANCASTER NY HISTORICAL SOCIETY PURPOSE: EDUCATIONAL | $9,620 |
THE SALVATION ARMY PURPOSE: HUMAN SERVICES | $16,034 |