Macklanburg-Hulsey Foundation Inc
- Assets
- $446.0k
- Revenue
- $7.8k
- Investments
- $331.0k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 11/1953
- Data as of
- 06/2023
- EIN
- 73-6094975
Organization Overview
Macklanburg-Hulsey Foundation Inc is located in Oklahoma City, OK. The organization was established in 1953. 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. Macklanburg-Hulsey 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 06/2023, Macklanburg-Hulsey Foundation Inc generated $7.8k 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 (14.3%) each year. All expenses for the organization totaled $19.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Macklanburg-Hulsey Foundation Inc has awarded 86 individual grants totaling $126,068. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Samis President | 0 | $0 | |
Michael Samis Vice-President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $309 |
| Dividends & Interest | $7,501 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $103 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $217 |
| Total operating and administrative expenses | $320 |
| Contributions, gifts, grants paid | $19,000 |
| Total expenses and disbursements | $19,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $115,032 |
| 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 | $310,106 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $446,049 |
| 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, Macklanburg-Hulsey Foundation Inc has awarded $19,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA FOUNDATION FOR EXCELLENCE PURPOSE: UNRESTRICTED | $500 |
MENTAL HEALTH ASSOCIATION OKLAHOMA PURPOSE: UNRESTRICTED | $13,500 |
ALL SOULS PURPOSE: UNRESTRICTED | $5,000 |