Carl And Alleen Mckinney Charitable Trust
- Assets
- $2.9m
- Revenue
- $50.5k
- Investments
- $2.9m
- Employees
- 0
- Location
- Dewey, OK
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 71-6167536
Organization Overview
Carl And Alleen Mckinney Charitable Trust is located in Dewey, OK. The organization was established in 1998. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Carl And Alleen Mckinney Charitable Trust 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 12/2022, Carl And Alleen Mckinney Charitable Trust generated $50.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $221.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Carl And Alleen Mckinney Charitable Trust has awarded 133 individual grants totaling $1,309,800. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arvest Bank - Trust Division Trustee | 2 | $31,054 | |
Clint Patterson Officer | 1 | $0 | |
Greater Bentonville Chamber Of Comm Officer | 1 | $0 | |
Mr Blaine A Jackson Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,505 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,011 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,494 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,054 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,281 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38 |
| Total operating and administrative expenses | $34,913 |
| Contributions, gifts, grants paid | $186,360 |
| Total expenses and disbursements | $221,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,887 |
| 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 | $2,947,508 |
| 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, Carl And Alleen Mckinney Charitable Trust has awarded $186,360 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
LITERACY COUNCIL OF BENTON COUNTY PURPOSE: GENERAL SUPPORT | $460 |
CIRCLE OF LIFE HOSPICE PURPOSE: FURNISH 3 PATIENT ROOMS AT | $17,500 |
KIND AT HEART MINISTRIES INC PURPOSE: GENERAL SUPPORT | $5,000 |
BENTONVILLE PUBLIC LIBRARY FDN PURPOSE: CHILDREN'S LEARNING AREA | $10,000 |
WELCOMEHEALTH PURPOSE: GENERAL SUPPORT | $5,000 |
NORTHWEST ARKANSAS WOMEN'S SHELTER PURPOSE: 400 DAYS SAFE SHELTER FOR | $10,000 |