Ephraim Mcdowell Foundation
- Assets
- $382.7k
- Revenue
- $15.6k
- Investments
- $308.7k
- Employees
- 0
- Location
- Belfry, KY
- Founding
- 04/1965
- Data as of
- 06/2024
- EIN
- 61-0647946
Organization Overview
Ephraim Mcdowell Foundation is located in Belfry, KY. The organization was established in 1965. 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. Ephraim Mcdowell Foundation 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 06/2024, Ephraim Mcdowell Foundation generated $15.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $48.1k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ephraim Mcdowell Foundation has awarded 106 individual grants totaling $165,050. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Vaughan Chairperson | 2 | $3,000 | |
Lesia Sammons Secretary | 2 | $3,000 | |
Dr Charles Johnson Director | 2 | $0 | |
Dr Jw Endicott Director | 2 | $0 | |
Dr Joshua Leonard Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,354 |
| Dividends & Interest | $16,004 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,806 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,552 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $188 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$600 |
| Total operating and administrative expenses | $9,337 |
| Contributions, gifts, grants paid | $38,800 |
| Total expenses and disbursements | $48,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,001 |
| 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 | $382,717 |
| Accounts payable and accrued expenses | $188 |
| 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 | $188 |
Grants Awarded
Over the last fiscal year, Ephraim Mcdowell Foundation has awarded $38,800 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
KRISTIE ADKINS PURPOSE: TUITION FOR CAPELLA UNIVERSITY | $700 |
KAITLYN BOGAR PURPOSE: TUITION FOR MARSHALL UNIVERSITY | $700 |
RANSOM LEE CHAFIN PURPOSE: TUITION FOR MARSHALL UNIVERSITY | $2,000 |
CHARLES DOTSON PURPOSE: TUITION FOR KENTUCKY COLLEGE OF OPTOMETRY | $2,000 |
EMILY DEATON PURPOSE: TUITION UNIVERSITY OF TENNESSEE | $1,400 |
MCKENNA FITZPATRICK PURPOSE: TUITION FOR SOUTHERN WEST VIRGINIA COMMUNITY AND TECHNICAL COLLEGE | $1,400 |