Woody M Mcgee And Joyce M Mcgee Family Foundation
- Assets
- $119.4k
- Revenue
- $41.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 47-1292987
Organization Overview
Woody M Mcgee And Joyce M Mcgee Family Foundation is located in Franklin, TN. The organization was established in 2017. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woody M Mcgee And Joyce M Mcgee Family 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 12/2023, Woody M Mcgee And Joyce M Mcgee Family Foundation generated $41.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $37.8k during the year ending 12/2023. While expenses have increased by 9.8% 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 2018, Woody M Mcgee And Joyce M Mcgee Family Foundation has awarded 11 individual grants totaling $197,020. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Woody M Mcgee President | 0.5 | $0 | |
Joyce M Mcgee Secretary | 0.5 | $0 | |
David Thomley Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,000 |
| Interest on Savings | $1,155 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,155 |
| 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 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $650 |
| Contributions, gifts, grants paid | $37,100 |
| Total expenses and disbursements | $37,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $119,396 |
| 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 | $119,396 |
| 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, Woody M Mcgee And Joyce M Mcgee Family Foundation has awarded $47,400 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE THOMLEY FOUNDATION INC PURPOSE: TO SUPPORT OPERATIONS | $11,000 |
ROLLING HILLS CHURCH OF CHRIST PURPOSE: TO SUPPORT OPERATIONS | $36,400 |