Mcdonald-Anderson Foundation Inc
- Assets
- $41.0m
- Revenue
- $801.1k
- Investments
- $39.0m
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 08/2019
- Data as of
- 12/2023
- EIN
- 84-2041031
Organization Overview
Mcdonald-Anderson Foundation Inc is located in Vero Beach, FL. The organization was established in 2019. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Mcdonald-Anderson 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 12/2023, Mcdonald-Anderson Foundation Inc generated $801.1k in total revenue.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE DIRECT GRANTS TO OTHER NON-PROFIT ORGANIZATIONS IN THE NAME OF THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara A Mcdonald Secretary | 0 | $0 | |
David C Mcdonald President | 0 | $0 | |
Tracy M Mcdonald Director | 0 | $0 | |
Morgan L Mcdonald Director | 0 | $0 | |
Lindsey P Mcdonald Director | 0 | $0 | |
Jeffrey D Mcdonald Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $181,880 |
| Interest on Savings | $0 |
| Dividends & Interest | $506,193 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $113,048 |
| Capital Gain Net Income | $113,048 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $801,121 |
| 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 | $30 |
| Total operating and administrative expenses | $387 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $200,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,986,472 |
| 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 | $38,996,184 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,982,656 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Philanthropic Network Inc Tampa, FL | $1,858,028 | $1,641,221 |
Atl Tr Atlanta, GA | $2,283,006 | $870,097 |
Mcdonald-Anderson Foundation Inc Vero Beach, FL | $40,982,656 | $801,121 |
Impact 100 Global Advisory Council Pensacola, FL | $134,376 | $171,007 |
Pelican Sound Charitable Foundation Inc Estero, FL | $30,392 | $0 |
First United Methodist Church Of Lagrange Memorial Foundation Inc Lagrange, GA | $2,355,957 | $124,655 |
Bwl Charities Inc Atlanta, GA | $9,974 | $0 |
Go Help Africa Saint Cloud, FL | $0 | $51,526 |
Jimmy Mac Foundation Inc Acworth, GA | $37,967 | $0 |
Dharshan Rajiv Patel Foundation Inc Longwood, FL | $0 | $0 |
Roland Hartley Foundation Surfside, FL | $59,156 | $60,000 |
Tdfb Foundation Inc Winter Springs, FL | $450 | $500 |