Allan L & Wanda A Mccabe Family Foundation Nfp is located in Creal Springs, IL. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allan L & Wanda A Mccabe Family Foundation Nfp 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, Allan L & Wanda A Mccabe Family Foundation Nfp generated $5.8m in total revenue. All expenses for the organization totaled $142.0k during the year ending 12/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BENEFIT AND FURTHER RELIGIOUS, SCIENTIFIC, LITERARY, EDUCATIONAL, OR OTHER CHARITABLE ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Saffelder President | 4 | $0 | |
Joseph R Hancock Secretary | 2 | $0 | |
Barry R Hancock Treasurer | 2 | $0 | |
Cathy Newbold Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,578,025 |
| Interest on Savings | $9,193 |
| Dividends & Interest | $197,828 |
| Net Rental Income | $0 |
| 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 | $5,785,046 |
| 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 | $82 |
| Printing and publications | $0 |
| Other expenses | $76,760 |
| Total operating and administrative expenses | $76,842 |
| Contributions, gifts, grants paid | $65,120 |
| Total expenses and disbursements | $141,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,773 |
| Savings and temporary cash investments | $4,571,853 |
| 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 | $16 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,508,342 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,392,984 |
| 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, Allan L & Wanda A Mccabe Family Foundation Nfp has awarded $65,120 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MARION UNIT 2 SCHOOLS FOUNDATION PURPOSE: EDUCATIONAL FURTHERMENT | $2,000 |
CITY OF MARION PURPOSE: MUNICIPAL FURTHERMENT | $5,620 |
ST JOSEPH CATHOLIC CHURCH PURPOSE: CHARITABLE | $20,000 |
THE LIGHTHOUSE SHELTER PURPOSE: CHARITABLE | $5,000 |
THE PROMISE MISSION PURPOSE: CHARITABLE | $5,000 |
MARION MINISTERIAL ALLIANCE PURPOSE: CHARITABLE | $5,000 |