Wayne And Mary Louise Mcdonald Charitable Foundation
- Assets
- $2.6m
- Revenue
- $401.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- Data as of
- 12/2022
- EIN
- 87-3161832
Organization Overview
Wayne And Mary Louise Mcdonald Charitable Foundation is located in Austin, TX. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne And Mary Louise Mcdonald 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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Mcdonald Hughes President | 5 | $0 | |
John P Hughes Vice President | 2 | $0 | |
Kari M Helm Director | 2 | $0 | |
W Wayne Mcdonald - See Schedule B Previous President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $93,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $43,197 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $401,205 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41,826 |
| Depreciation | $121,599 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $101,583 |
| Total operating and administrative expenses | $265,008 |
| Contributions, gifts, grants paid | $139,300 |
| Total expenses and disbursements | $404,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,809 |
| 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 | $2,480,953 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$56,377 |
| Total assets | $2,613,385 |
| 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, Wayne And Mary Louise Mcdonald Charitable Foundation has awarded $139,300 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTIN BAPTIST CHURCH PURPOSE: TO SUPPORT THE ORGANIZATION'S PURPOSE | $30,000 |
CRU PURPOSE: TO SUPPORT THE ORGANIZATION'S PURPOSE | $4,100 |
GIDEONS INTERNATIONAL PURPOSE: TO SUPPORT THE ORGANIZATION'S PURPOSE | $200 |
SOUTHWESTERN BAPTIST THEOLOGICAL SEMINARY PURPOSE: TO SUPPORT THE ORGANIZATION'S PURPOSE | $5,000 |
AUSTIN BAPTIST ASSOC PURPOSE: TO SUPPORT THE ORGANIZATION'S PURPOSE | $30,000 |
REDEEMER CHURCH PURPOSE: TO SUPPORT THE ORGANIZATION'S PURPOSE | $45,000 |