David E Maguire Foundation Inc is located in Wilmington, DE. The organization was established in 2005. 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. David E Maguire 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 12/2023, David E Maguire Foundation Inc generated $357.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $135.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David E Maguire Foundation Inc has awarded 198 individual grants totaling $1,102,800. 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 |
|---|---|---|---|
Lorna Bishop Dir, Co-Pres | 1 | $0 | |
Kristin Lynn Maguire Dir | 1 | $0 | |
March Maguire Vp, Dir, Sec, Treas | 1 | $0 | |
Waller T Mathias Dir, Co- Pres | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $866 |
| Dividends & Interest | $90,015 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $266,407 |
| Capital Gain Net Income | $266,407 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $357,288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,642 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,101 |
| Total operating and administrative expenses | $20,416 |
| Contributions, gifts, grants paid | $115,000 |
| Total expenses and disbursements | $135,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,181 |
| 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 | $2,708,095 |
| 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 |
Over the last fiscal year, David E Maguire Foundation Inc has awarded $115,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CLEMSON FREE CLINIC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
CLEMSON MEALS ON WHEELS INC PURPOSE: GENERAL & UNRESTRICTED | $7,000 |
COMMUNITY FOUNDATION OF GREENVILLE INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
CORNELIUS ARTS COMMUNITY CENTER INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
DAVIDSON COMMUNITY PLAYERS PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
DAVIDSON UNITED METHODIST CHURCH PURPOSE: GENERAL & UNRESTRICTED | $2,000 |