Diane J And Robert A Mcdonald Family Foundation
- Assets
- $12.2m
- Revenue
- $451.9k
- Investments
- $11.8m
- Employees
- 0
- Location
- Windmere, FL
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-3302288
Organization Overview
Diane J And Robert A Mcdonald Family Foundation is located in Windmere, FL. 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. Diane J And Robert A Mcdonald 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.
For the year ending 12/2022, Diane J And Robert A Mcdonald Family Foundation generated $451.9k 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 (15.6%) each year. All expenses for the organization totaled $719.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Diane J And Robert A Mcdonald Family Foundation has awarded 86 individual grants totaling $1,137,050. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY CHARITABLE ACTIVITY IS DISTRIBUTING CHARITABLE GRANTS TO OTHER SECTION 501(C)(3) ORGANIZATIONS THAT QUALIFY AS PUBLIC CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mcdonald Director | 0 | $0 | |
Diane Mcdonald Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $536,387 |
| Interest on Savings | $2,978 |
| Dividends & Interest | $241,094 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$328,603 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $451,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,038 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,450 |
| Total operating and administrative expenses | $74,441 |
| Contributions, gifts, grants paid | $645,250 |
| Total expenses and disbursements | $719,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,470 |
| Savings and temporary cash investments | $376,350 |
| 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 | $653,720 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,218,451 |
| 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, Diane J And Robert A Mcdonald Family Foundation has awarded $645,250 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
40 DAY PRAYER COVENANT PURPOSE: PROJECT/PROGRAM SUPPORT | $15,000 |
ARMY WEST POINT ATHLETIC ASSOCIATION INC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
ARTSWAVE PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
ARUNA PROJECT PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
BOY SCOUTS OF AMERICADAN BEARD COUNCIL PURPOSE: PROJECT/PROGRAM SUPPORT | $1,750 |
CINCINNATI CHILDREN'S HOSPITAL PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |