Dexter A And M Patricia Mccormick Family Foundation Inc
- Assets
- $552.8k
- Revenue
- $54.2k
- Investments
- $495.0k
- Employees
- 0
- Location
- Zionsville, IN
- Founding
- 06/2019
- Data as of
- 10/2023
- EIN
- 81-4641427
Organization Overview
Dexter A And M Patricia Mccormick Family Foundation Inc is located in Zionsville, IN. The organization was established in 2019. 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. Dexter A And M Patricia Mccormick Family 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 10/2023, Dexter A And M Patricia Mccormick Family Foundation Inc generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $61.7k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dexter A And M Patricia Mccormick Family Foundation Inc has awarded 132 individual grants totaling $208,412. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dexter A Mccormick Trustee | 0 | $0 | |
M Patricia Mccormick Trustee | 0 | $0 | |
Teresa L Gift Trustee | 0 | $0 | |
Tammie M Coco Trustee | 0 | $0 | |
Meghan E Eddy Trustee | 0 | $0 | |
Morgan L Mccormick Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,991 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,203 |
| Capital Gain Net Income | $27,203 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,194 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $630 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $484 |
| Total operating and administrative expenses | $2,084 |
| Contributions, gifts, grants paid | $59,619 |
| Total expenses and disbursements | $61,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,799 |
| 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 | $0 |
| Total assets | $552,819 |
| 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, Dexter A And M Patricia Mccormick Family Foundation Inc has awarded $59,619 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
BGOLDEN PURPOSE: EDUCATION | $2,500 |
BOYS AND GIRLS CLUB OF BOONE COUNTY PURPOSE: COMMUNITY OUTREACH | $505 |
ASCENSION ST VINCENT PURPOSE: COMMUNITY OUTREACH | $100 |
CARBON NEUTRAL PURPOSE: ENVIRONMENTAL | $500 |
COMMUNITY FOUNDATION OF KNOX COUNTY PURPOSE: COMMUNITY | $250 |
FLORIDA BAPTIST CHILDREN'S HOME PURPOSE: ADVOCACY | $1,000 |