Marshall L And Perrine D Mccune Charitable Foundation
- Assets
- $104.9m
- Revenue
- $10.1m
- Investments
- $96.5m
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 06/1995
- Data as of
- 12/2021
- EIN
- 85-0429439
Organization Overview
Marshall L And Perrine D Mccune Charitable Foundation is located in Santa Fe, NM. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Marshall L And Perrine D Mccune Charitable 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 12/2021, Marshall L And Perrine D Mccune Charitable Foundation generated $10.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $5.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Marshall L And Perrine D Mccune Charitable Foundation has awarded 1,074 individual grants totaling $22,518,356. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla M Romero Executive Director | 40 | $153,307 | |
Susan M Losinger Board Chair | 5 | $0 | |
Michelle Mccune Vice Chair | 5 | $0 | |
Aaron Cathey Director | 2 | $0 | |
David M Edwards Director | 5 | $0 | |
James M Edwards Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc | 12/30/23 | $175,000 |
Single Space Strategies Llc | 12/30/23 | $54,458 |
Moss Adams Llp | 12/30/23 | $89,074 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $97 |
| Dividends & Interest | $1,295,516 |
| Net Rental Income | $36,640 |
| Net Gain on Sale of Assets | $8,783,993 |
| Capital Gain Net Income | $7,073,760 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,136,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $143,339 |
| Other employee salaries and wages | $292,489 |
| Pension plans, employee benefits | $155,175 |
| Interest | $0 |
| Taxes | $136,313 |
| Depreciation | $65,759 |
| Occupancy | $40,439 |
| Travel, conferences, and meetings | $22,447 |
| Printing and publications | $1,058 |
| Other expenses | $637,711 |
| Total operating and administrative expenses | $1,928,701 |
| Contributions, gifts, grants paid | $3,242,181 |
| Total expenses and disbursements | $5,170,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55 |
| Savings and temporary cash investments | $2,952,820 |
| Net Accounts receivable | $152,629 |
| 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 | $5,397 |
| Net Investments - land, buildings, equipment | $890,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $41,890,454 |
| Net Land, buildings, and equipment | $1,719,761 |
| Other assets | $2,726,155 |
| Total assets | $104,941,384 |
| Accounts payable and accrued expenses | $263,345 |
| 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 | $2,226,396 |
| Total liabilities | $2,489,741 |
Grants Awarded
Over the last fiscal year, Marshall L And Perrine D Mccune Charitable Foundation has awarded $3,400,700 in support to 172 organizations.
| Grant Recipient | Amount |
|---|---|
501(C)PA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
ALBUQUERQUE COMMUNITY FDN FISCAL SPONSOR FOR INTL DISTRICT ECONOMIC DEV PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
ALBUQUERQUE COMMUNITY FOUNDATION FISCAL SPONSOR FOR HEALTHY NEIGHBORHOODS A PURPOSE: GENERAL OPERATING SUPPORT (GRANT WRITING) | $5,000 |
ALMA (APPRENTICESHIPS FOR LEADERS IN MOSAIC ARTS) PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
ALBUQUERQUE COMMUNITY FOUNDATION FISCAL SPONSOR FOR NEW MEXICO FUNDERS COLL PURPOSE: GENERAL OPERATING SUPPORT [EDUCATE2ELEVATE GRANT (POOLED FUND)] | $5,000 |
AMIGOS BRAVOS PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |