Ralph And Frances Mcgill Foundation
- Assets
- $7.0m
- Revenue
- $329.3k
- Investments
- $6.8m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 73-1590898
Organization Overview
Ralph And Frances Mcgill Foundation is located in Tulsa, OK. The organization was established in 2000. 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. Ralph And Frances Mcgill 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 12/2022, Ralph And Frances Mcgill Foundation generated $329.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $561.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ralph And Frances Mcgill Foundation has awarded 369 individual grants totaling $3,164,134. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $192,221 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $135,551 |
| Capital Gain Net Income | $135,551 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,550 |
| Total Revenue | $329,322 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,401 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $34,142 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $86,218 |
| Contributions, gifts, grants paid | $475,000 |
| Total expenses and disbursements | $561,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $252,103 |
| 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 | $7,019,103 |
| 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, Ralph And Frances Mcgill Foundation has awarded $475,000 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
HARVEST HOUSE PURPOSE: PROGRAM SERVICES | $5,000 |
RESONANCE CENTER FOR WOMEN PURPOSE: PROGRAM SERVICES | $20,000 |
TULSA TOWN HALL PURPOSE: PROGRAM SERVICES | $10,000 |
FAMILY & CHILDRENS SERVICES PURPOSE: PROGRAM SERVICES | $5,000 |
SAINT SIMEONS EPISCOPAL HOME FDN PURPOSE: PROGRAM SERVICES | $25,000 |
OKLAHOMA STATE UNIVERSITY FOUNDATION PURPOSE: PROGRAM SERVICES | $10,000 |