Mary Elizabeth & William Mccann Foundation
- Assets
- $972.6k
- Revenue
- $50.0
- Investments
- $954.3k
- Employees
- 0
- Location
- Vado, NM
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 81-0537946
Organization Overview
Mary Elizabeth & William Mccann Foundation is located in Vado, NM. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Elizabeth & William Mccann 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 12/2021, Mary Elizabeth & William Mccann Foundation generated $50.0 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 (46.7%) each year. All expenses for the organization totaled $143.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mary Elizabeth & William Mccann Foundation has awarded 15 individual grants totaling $199,315. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHURCH RELATED DONATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev P William Mccann Trustee | 0 | $0 | |
Sheila Mccann Trustee | 0 | $0 | |
Tara Duffy Trustee | 0 | $0 | |
Steve Taylor Trustee | 0 | $0 | |
Mike Kestner Trustee | 0 | $0 | |
Margaret Roberts Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50 |
| Dividends & Interest | $0 |
| 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 | $50 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $55,279 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $57,445 |
| Contributions, gifts, grants paid | $85,855 |
| Total expenses and disbursements | $143,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,039 |
| Savings and temporary cash investments | $0 |
| 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 | $1,196 |
| Total assets | $972,569 |
| Accounts payable and accrued expenses | $161,429 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $695,284 |
| Other liabilities | $0 |
| Total liabilities | $856,713 |
Grants Awarded
Over the last fiscal year, Mary Elizabeth & William Mccann Foundation has awarded $85,855 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT PAUL SEMINARY PURPOSE: CATHOLIC CHURCH DONATION | $37,928 |
DIOCESE OF FAIRBANKS PURPOSE: CATHOLIC CHURCH DONATION | $37,927 |
PAULIST FATHERS PURPOSE: CATHOLIC CHURCH DONATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |