Dorothy E Mccormack Charitable Tr is located in Sioux Center, IA.
For the year ending 12/2022, Dorothy E Mccormack Charitable Tr generated $68.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $141.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Dorothy E Mccormack Charitable Tr has awarded 108 individual grants totaling $453,050. 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
NONE - DONATIONS ARE ONLY GIVEN TO CHARITABLE/EDUCATIONAL/GOVERNMENTAL/RELIGIOUS ORGANIZATIONS OR FOR CHARITABLE/EDUCATIONAL/GOVERNMENTAL/RELIGIOUS PURPOSES.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,293 |
| Dividends & Interest | $56,098 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,249 |
| Capital Gain Net Income | $5,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25 |
| Total Revenue | $68,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,102 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,625 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,103 |
| Total operating and administrative expenses | $23,400 |
| Contributions, gifts, grants paid | $117,800 |
| Total expenses and disbursements | $141,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $94,292 |
| 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 | $1,955,969 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,553,480 |
| 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 |
Over the last fiscal year, Dorothy E Mccormack Charitable Tr has awarded $117,800 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ANNE CARLSEN CENTER PURPOSE: SUPPORT FOR ENTITY'S NON-PROFIT PURPOSE | $4,600 |
CENTRAL LYON SCHOOL FOUNDATION PURPOSE: SUPPORT FOR ENTITY'S NON-PROFIT PURPOSE | $4,500 |
COVENANT HOUSE PURPOSE: SUPPORT FOR ENTITY'S NON-PROFIT PURPOSE | $2,300 |
DOCTORS WITHOUT BORDERS PURPOSE: SUPPORT FOR ENTITY'S NON-PROFIT PURPOSE | $4,600 |
HILLCREST FAMILY SERVICES PURPOSE: SUPPORT FOR ENTITY'S NON-PROFIT PURPOSE | $4,600 |
MICHAEL J FOX FOUNDATION PURPOSE: SUPPORT FOR ENTITY'S NON-PROFIT PURPOSE | $3,500 |