St Michaels Iron Horse Foundation is located in Birmingham, AL. The organization was established in 2015. 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. St Michaels Iron Horse Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, St Michaels Iron Horse Foundation has awarded 23 individual grants totaling $1,122,134. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin H Kane Chairman/president | 5 | $0 | |
Joan M Mccreary Vice Chairman/vice President | 5 | $0 | |
Joan M Kane Secretary | 5 | $0 | |
Richard Turner Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,209,235 |
| Interest on Savings | $20,277 |
| 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 | $1,229,512 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $8,470 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $88 |
| Other expenses | $271,947 |
| Total operating and administrative expenses | $286,865 |
| Contributions, gifts, grants paid | $617,323 |
| Total expenses and disbursements | $904,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,190 |
| 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 | $21,175 |
| Other assets | $0 |
| Total assets | $443,365 |
| Accounts payable and accrued expenses | $12,347 |
| 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 | $12,347 |
Over the last fiscal year, St Michaels Iron Horse Foundation has awarded $617,323 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CLCC FORMERLY THE NEST PURPOSE: GENERAL SUPPORT OF PROGRAMS | $18,555 |
FRANCES MARION HIGH SCHOOL PURPOSE: GENERAL SUPPORT OF PROGRAMS | $39,504 |
FR JOSE CHACKO PURPOSE: DISASTER RELIEF | $2,000 |
CONWELL EGAN HIGH SCHOOL PURPOSE: GENERAL SUPPORT OF PROGRAMS | $50,000 |
KING'S HOME PURPOSE: GENERAL SUPPORT OF PROGRAMS | $434,716 |
LITTLE SISTERS OF THE POOR SACRED HEART RESIDENCE PURPOSE: GENERAL SUPPORT OF PROGRAMS | $300 |