Our Gift To God M-K Charitable Foundation
- Assets
- $1.0m
- Revenue
- $90.1k
- Investments
- $996.6k
- Employees
- 0
- Location
- Midland, TX
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 46-4388180
Organization Overview
Our Gift To God M-K Charitable Foundation is located in Midland, TX. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Our Gift To God M-K Charitable 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, Our Gift To God M-K Charitable Foundation generated $90.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $162.4k during the year ending 12/2021. While expenses have increased by 18.4% per year over the past 7 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.
Since 2015, Our Gift To God M-K Charitable Foundation has awarded 42 individual grants totaling $713,654. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Macon Mcdonald President | 1 | $0 | |
Karen Mcdonald Vice President & Secr. | 1 | $0 | |
Lindsay Gygax Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $29,952 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,151 |
| Capital Gain Net Income | $60,151 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $90,104 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $955 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $986 |
| Total operating and administrative expenses | $17,441 |
| Contributions, gifts, grants paid | $145,000 |
| Total expenses and disbursements | $162,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,624 |
| Savings and temporary cash investments | $0 |
| 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 | $1,015,259 |
| 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, Our Gift To God M-K Charitable Foundation has awarded $145,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CADENCE INTERNATIONAL PURPOSE: EDUCATION AND MINISTRY PROGRAM FOR US MILITARY | $37,500 |
21ST CENTURY WILBERFORCE INITIATIVE MIDLAND CHAPTER PURPOSE: EDUCATION AND RELIGIOUS FREEDOM PROGRAM | $25,000 |
WATCH AND PRAY INTERNATIONAL MINISTRIES PURPOSE: EDUCATION AND MINISTRY PROGRAM | $22,000 |
Gainesville, GA PURPOSE: EDUCATION AND MINISTRY PROGRAM | $20,000 |
HEART OF THE BRIDE MINISTRIES PURPOSE: EDUCATION AND MINISTRY PROGRAM | $18,000 |
Dallas, TX PURPOSE: EDUCATION AND MINISTRY PROGRAM | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legett Foundation Abilene, TX | $82,883,497 | $23,683,505 |
Kickapoo Springs Foundation Abilene, TX | $72,184,356 | $14,228,741 |
L S U Property Foundation Baton Rouge, LA | $15,333,183 | $5,972,139 |
Gibbs Christian Education Foundation Inc Owasso, OK | $5,420,863 | $1,976,079 |
Liberty Ukraine Foundation Austin, TX | $882,212 | $2,684,973 |
Friend Ships Lake Charles, LA | $2,732,214 | $1,634,834 |
Trinity Oaks Enterprises San Antonio, TX | $6,662,220 | $1,110,541 |
At&t Employee Relief Fund Dallas, TX | $5,954,314 | $1,646,484 |
The Manna Center Siloam Springs, AR | $826,207 | $1,196,710 |
Holt Foundation San Antonio, TX | $3,165,417 | $1,736,930 |
Pauls Valley General Hospital Foundation Pauls Valley, OK | $1,892,753 | $1,057,903 |
Wilson Charitable Tr Jacksonville, AR | $1,312,947 | $53,064 |