Mallory Taylor Foundation Inc
- Assets
- $701.3k
- Revenue
- $48.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lagrange, KY
- Founding
- 01/1991
- Data as of
- 12/2023
- EIN
- 61-1187509
Organization Overview
Mallory Taylor Foundation Inc is located in Lagrange, KY. The organization was established in 1991. 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. Mallory Taylor 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, Mallory Taylor Foundation Inc generated $48.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $35.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENT OF MEDICAL BILLS FOR NEEDY RESIDENTS OF OLDHAM COUNTY KENTUCKY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Moore Pres Chairman | 0 | $0 | |
Jay Hall Vice Pres Vice Chair | 0 | $0 | |
Tom Clark Treasurer | 0 | $0 | |
Tom Temple Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,000 |
| Interest on Savings | $8,431 |
| Dividends & Interest | $13,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $506 |
| Capital Gain Net Income | $506 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $228 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $243 |
| Printing and publications | $0 |
| Other expenses | $3,127 |
| Total operating and administrative expenses | $12,784 |
| Contributions, gifts, grants paid | $22,692 |
| Total expenses and disbursements | $35,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,789 |
| Savings and temporary cash investments | $693,544 |
| 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 | $701,333 |
| 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, Mallory Taylor Foundation Inc has awarded $22,692 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY CHEST OF OLDHAM CO PURPOSE: PAYMENT OF DENTAL BILLS FOR RESIDENTS OF OLDHAM COUNTY KENTUCKY | $1,300 |
OLDHAM COUNTY DENTAL PURPOSE: PAYMENT OF INDIVIDUAL DENTAL BILLS | $1,085 |
DIAGNOSTIC X PURPOSE: PAYMENT OF PHYSICIANS SERVICES | $345 |
UOFL PHYSICIANS PURPOSE: PAYMENT OF PHYSICIANS SERVICES FOR INDIVIDUALS | $1,769 |
UOFL HEALTH INC PURPOSE: PAYMENT OF HOSPITAL EXPENSES | $439 |
COMMUNITY CHEST OF OLDHAM CO PURPOSE: PAYMENT OF HOSPITAL EXPENSES FOR RESIDENTS OF OLDHAM COUNTY KENTUCKY | $1,606 |