J Lyndall Mccrory Robert Fulton Mccrory & Montie Ray Mccrory Fdn
- Assets
- $21.4m
- Revenue
- $2.6m
- Investments
- $20.2m
- Employees
- 0
- Location
- Ardmore, OK
- Founding
- 06/1995
- Data as of
- 12/2023
- EIN
- 73-1439304
Organization Overview
J Lyndall Mccrory Robert Fulton Mccrory & Montie Ray Mccrory Fdn is located in Ardmore, OK. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. J Lyndall Mccrory Robert Fulton Mccrory & Montie Ray Mccrory Fdn 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, J Lyndall Mccrory Robert Fulton Mccrory & Montie Ray Mccrory Fdn generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 2.9% 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.
Since 2020, J Lyndall Mccrory Robert Fulton Mccrory & Montie Ray Mccrory Fdn has awarded 229 individual grants totaling $6,704,625. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED BOOKKEEPING SERVICES AT NO CHARGE TO LOCAL 501(C)(3) ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Larry Wilkes Managing Trustee | 20 | $45,000 | |
Laura E Akers President | 40 | $75,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $629,752 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $84,039 |
| Capital Gain Net Income | $84,039 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,920,630 |
| Total Revenue | $2,634,421 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $7,711 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,815 |
| Depreciation | $414 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,896 |
| Total operating and administrative expenses | $231,479 |
| Contributions, gifts, grants paid | $1,353,308 |
| Total expenses and disbursements | $1,584,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $462,361 |
| Savings and temporary cash investments | $507,365 |
| 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 | $58,276 |
| Other assets | $222,949 |
| Total assets | $21,401,224 |
| 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 | $1,303 |
| Total liabilities | $1,303 |
Grants Awarded
Over the last fiscal year, J Lyndall Mccrory Robert Fulton Mccrory & Montie Ray Mccrory Fdn has awarded $1,353,308 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ARDMORE ANIMAL CARE PURPOSE: RENOVATIONS | $20,000 |
ARDMORE DAY NURSERY INC PURPOSE: FACILITY UPDATES | $20,000 |
A READING INC PURPOSE: PARTIAL PAYMENT OF THERAPISTS' SALARIES & MENTORING | $75,000 |
ARDMORE FAMILY LITERACY PURPOSE: GENERAL OPERATING EXPENSES | $15,000 |
ARDMORE PUBLIC LIBRARY PURPOSE: BATHROOM REMODEL | $20,000 |
ARDMORE SOUP KITCHEN PURPOSE: OPERATING EXPENSES | $35,865 |