Ellice And Rosa Mcdonald Foundation Inc
- Assets
- $27.0m
- Revenue
- $2.7m
- Investments
- $24.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 51-0348090
Organization Overview
Ellice And Rosa Mcdonald Foundation Inc is located in Wilmington, DE. The organization was established in 1993. 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. Ellice And Rosa Mcdonald 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, Ellice And Rosa Mcdonald Foundation Inc generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ellice And Rosa Mcdonald Foundation Inc has awarded 128 individual grants totaling $6,574,562. 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 |
|---|---|---|---|
Gregory Inskip ESQ Pres | 2 | $0 | |
H Murray Sawyer Vice. Pres. | 2 | $0 | |
John T Fay CPA Sec/treas. | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $685,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,994,065 |
| Capital Gain Net Income | $1,994,065 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,679,424 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,292 |
| Depreciation | $0 |
| Occupancy | $8,503 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,007 |
| Total operating and administrative expenses | $380,348 |
| Contributions, gifts, grants paid | $1,725,000 |
| Total expenses and disbursements | $2,105,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,697,727 |
| 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 | $27,015,592 |
| 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, Ellice And Rosa Mcdonald Foundation Inc has awarded $1,725,000 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
Townsend, DE PURPOSE: FINANCIAL ASSISTANCE | $150,000 |
DELAWARE MUSEUM OF NATURAL HISTORY PURPOSE: FINANCIAL ASSISTANCE | $125,000 |
ASPIRA FOUNDATION PURPOSE: FINANCIAL ASSISTANCE | $100,000 |
CAMP ARROWHEAD PURPOSE: FINANCIAL ASSISTANCE | $100,000 |
Wilmington, DE PURPOSE: FINANCIAL ASSISTANCE | $100,000 |
EAST SIDE CHARTER COMMUNITY LEARNING PURPOSE: FINANCIAL ASSISTANCE | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |