Mary C Royal Foundation
- Assets
- $1.1m
- Revenue
- $41.4k
- Investments
- $1.1m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 03/2018
- Data as of
- 04/2023
- EIN
- 82-1564849
Organization Overview
Mary C Royal Foundation is located in St Louis, MO. The organization was established in 2018. 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. Mary C Royal 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 04/2023, Mary C Royal Foundation generated $41.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (50.3%) each year. All expenses for the organization totaled $230.7k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Mary C Royal Foundation has awarded 35 individual grants totaling $669,870. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES BY MAKING PAYMENTS, GIFTS, AND CONTRIBUTIONS TO OTHER ORGANIZATIONS THAT HAVE THE PURPOSE OF COMMUNITY SERVICE, CHILD EDUCATION, HIGHER EDUCATION, LIBRARY SERVICES, OR OTHER ORGANIZATIONS
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 |
|---|---|---|---|
James P Royal Trustee | 5 | $0 | |
Kathleen Royal Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,370 |
| Interest on Savings | $4 |
| Dividends & Interest | $23,933 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,907 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $2,850 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $71 |
| Total operating and administrative expenses | $11,968 |
| Contributions, gifts, grants paid | $218,705 |
| Total expenses and disbursements | $230,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,119,120 |
| 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, Mary C Royal Foundation has awarded $218,705 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY CROSS CATHOLIC CHURCH PURPOSE: EDUCATIONAL | $60,000 |
SAINT PETERS PARISH PURPOSE: RELIGIOUS | $10,000 |
ANNUAL CATHOLIC APPEAL PURPOSE: RELIGIOUS | $5,000 |
ARCHDIOCESES OF ST LOUIS PURPOSE: RELIGIOUS | $300 |
GOOD NEWS MINISTRIES PURPOSE: CHARITABLE | $34,138 |
HIGH SIGHT PURPOSE: EDUCATION | $50,000 |