Maria And Booker Mcclay Foundation
- Assets
- $5.8m
- Revenue
- $2.7m
- Investments
- $2.4m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2023
- EIN
- 87-7014348
Organization Overview
Maria And Booker Mcclay Foundation is located in Los Angeles, CA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maria And Booker Mcclay 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, Maria And Booker Mcclay Foundation generated $2.7m 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 (6.2%) each year.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Lim Co-Trustee | 1 | $0 | |
Richard Lim Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,679,133 |
| Interest on Savings | $9 |
| Dividends & Interest | $41,285 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,795 |
| Capital Gain Net Income | $5,795 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $67 |
| Total Revenue | $2,726,289 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49,304 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $715 |
| Total operating and administrative expenses | $69,720 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $82,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $286,269 |
| Net Accounts receivable | $2,791 |
| 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 | $48,051 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,100,000 |
| Total assets | $5,838,568 |
| 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, Maria And Booker Mcclay Foundation has awarded $13,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ANGELES REGIONAL FOOD BANK PURPOSE: GENERAL CONTRIBUTION | $4,000 |
ST JOHN'S HEALTH CENTER FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $4,000 |
MARYKNOLL FATHERS & BROTHERS PURPOSE: GENERAL CONTRIBUTION | $500 |
THE PAULIST FATHERS PURPOSE: GENERAL CONTRIBUTION | $1,000 |
UNION RESCUE MISSION PURPOSE: GENERAL CONTRIBUTION | $500 |
DOCTORS WITHOUT BOARDERS PURPOSE: GENERAL CONTRIBUTION | $1,000 |