Mccommons Family Foundation
- Assets
- $0.0
- Revenue
- -$13.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 82-2084391
Organization Overview
Mccommons Family Foundation is located in Wilmington, DE. 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. Mccommons Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Mccommons Family Foundation has awarded 34 individual grants totaling $1,102,305. 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 | $530 |
| Dividends & Interest | $2,222 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,260 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$13,508 |
| 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 | $55 |
| Total operating and administrative expenses | $55 |
| Contributions, gifts, grants paid | $351,814 |
| Total expenses and disbursements | $351,869 |
| 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 | $0 |
| 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, Mccommons Family Foundation has awarded $351,814 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SCHWAB CHARITABLE FUND PURPOSE: JEREMY'S CORIENT DAF ACCOUNT # 38604521 | $20,208 |
SERVANT FOUNDATION PURPOSE: GENERAL & UNRESTRICTED (IN-KIND GRANT - SEE GENERAL EXPLANATION) | $331,606 |