Mccrea Foundation
- Assets
- $0.0
- Revenue
- -$163.3k
- Investments
- $6.2m
- Employees
- 0
- Location
- Placida, FL
- Founding
- 04/1961
- Data as of
- 02/2021
- EIN
- 54-6052010
Organization Overview
Mccrea Foundation is located in Placida, FL. The organization was established in 1961. 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. Mccrea 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 2020, Mccrea Foundation has awarded 126 individual grants totaling $1,409,000. 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 |
|---|---|---|---|
Edward C Welsh President | 5 | $0 | |
David D Welsh Vice President/secretary | 5 | $0 | |
Phoebe W Muzzy Vice President/treasurer | 5 | $0 | |
John L Welsh Vice President/asst Treasu | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $115,075 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,603 |
| Total Revenue | -$163,292 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $78,507 |
| Contributions, gifts, grants paid | $340,000 |
| Total expenses and disbursements | $418,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $225,540 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mccrea Foundation has awarded $389,000 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
AMAZING PLACE PURPOSE: UNRESTRICTED GIFT | $20,000 |
AVONDALE HOUSE PURPOSE: UNRESTRICTED GIFT | $25,000 |
AWAKEN PURPOSE: UNRESTRICTED GIFT | $5,000 |
BARRIER ISLAND PARKS SOCIETY INC PURPOSE: UNRESTRICTED GIFT | $5,000 |
BOCA GRANDE HEALTHCLINIC FOUNDATION PURPOSE: UNRESTRICTED GIFT | $10,000 |
BOCA GRANDE ART CENTER PURPOSE: UNRESTRICTED GIFT | $5,000 |