Mcclure Family Foundation Inc
- Assets
- $13.3m
- Revenue
- $449.6k
- Investments
- $12.9m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/1993
- Data as of
- 12/2023
- EIN
- 58-1914058
Organization Overview
Mcclure Family Foundation Inc is located in Atlanta, GA. 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. Mcclure Family 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, Mcclure Family Foundation Inc generated $449.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $819.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mcclure Family Foundation Inc has awarded 419 individual grants totaling $3,521,386. 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 |
|---|---|---|---|
Charles A Mcclure Jr Trustee | 0 | $0 | |
Joseph W Mcclure Trustee | 0 | $0 | |
Margaret M Moore Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $319,659 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,929 |
| Capital Gain Net Income | $129,929 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $449,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $628 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $17,297 |
| Printing and publications | $0 |
| Other expenses | $85,485 |
| Total operating and administrative expenses | $131,807 |
| Contributions, gifts, grants paid | $687,774 |
| Total expenses and disbursements | $819,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $322,447 |
| 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 | $924,781 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,272,016 |
| 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, Mcclure Family Foundation Inc has awarded $687,774 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF METRO ATLANTA PURPOSE: CHARITABLE | $7,000 |
CANTON FIRST UNITED METHODIST CHURCH PURPOSE: CHARITABLE | $15,000 |
CHEROKEE COUNTY EDUCATIONAL FOUNDATION PURPOSE: CHARITABLE | $20,000 |
THE HERITAGE FOUNDATION PURPOSE: CHARITABLE | $1,000 |
COLUMBUS HOSPICE PURPOSE: CHARITABLE | $10,000 |
HILLSDALE COLLEGE PURPOSE: CHARITABLE | $2,000 |