The Md Charitable Foundation is located in Chesterfield, MO. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. MD 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 12/2023, MD Charitable Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (71.4%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $299,276 |
| Interest on Savings | $0 |
| Dividends & Interest | $355,565 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $524,782 |
| Capital Gain Net Income | $524,782 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38 |
| Total Revenue | $1,179,661 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,571 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,587 |
| Total operating and administrative expenses | $383,265 |
| Contributions, gifts, grants paid | $777,795 |
| Total expenses and disbursements | $1,161,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $603,502 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $583,045 |
| Total assets | $13,278,032 |
| 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, The Md Charitable Foundation has awarded $800,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YOUTHBRIDGE COMMUNITY FOUNDATION PURPOSE: SUPPORT OF OPERATIONS | $790,000 |
MENTORS 4 COLLEGE PURPOSE: SUPPORT OF OPERATIONS | $10,000 |