Paul & Hazel Macleod Memorial Endowment Tr Fund is located in Augusta, GA. The organization was established in 1998. 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. Paul & Hazel Macleod Memorial Endowment Tr Fund 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, Paul & Hazel Macleod Memorial Endowment Tr Fund generated $11.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $6.9k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUR ONLY PURPOSE IS TO PROVIDE TUITION ASSISTANCE TO CHILDREN IN FINANCIAL NEED AS DETERMINED BY THE SCHOOL.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Gerrard Macleod Trustee | 1 | $0 | |
| Debbie Deroller Trustee | 1 | $0 | |
| Jacob Almeter Trustee | 1 | $0 | |
| Helen Griffin Trustee | 1 | $0 | |
| Elmore Butler Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,300 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $4,155 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $11,455 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $0 | 
| Total expenses | $6,917 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $188,963 | 
| Other assets | $0 | 
| Total assets | $188,963 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $188,963 |