M & M Whitmire Family Foundation
- Assets
- $3.4m
- Revenue
- $93.4k
- Investments
- $3.3m
- Employees
- 0
- Location
- San Clemente, CA
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 91-1817511
Organization Overview
M & M Whitmire Family Foundation is located in San Clemente, CA. The organization was established in 1998. 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. M & M Whitmire Family 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 12/2022, M & M Whitmire Family Foundation generated $93.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (37.0%) each year. All expenses for the organization totaled $376.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, M & M Whitmire Family Foundation has awarded 120 individual grants totaling $1,793,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina Black Manager | 5 | $50,000 | |
Jessica Whitmire Asst Manager | 5 | $50,000 | |
Melburn G Whitmire President | 0 | $0 | |
Margaret Whitmire CFO | 0 | $0 | |
Damaris Perez Director | 0 | $0 | |
Robin Klomparens Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $147 |
| Dividends & Interest | $76,772 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,518 |
| Capital Gain Net Income | $18,036 |
| Net ST Capital Gain | $2,666 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $93,437 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,248 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50,916 |
| Total operating and administrative expenses | $175,354 |
| Contributions, gifts, grants paid | $201,170 |
| Total expenses and disbursements | $376,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,870 |
| Savings and temporary cash investments | $45,664 |
| 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 | $0 |
| Total assets | $3,351,490 |
| 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 | $2,224 |
| Total liabilities | $2,224 |
Grants Awarded
Over the last fiscal year, M & M Whitmire Family Foundation has awarded $196,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
PEOPLE REACHING OUT PURPOSE: PEOPLE REACHING OUT WORKS WITH YOUTH, FAMILIES AND COMMUNITIES IN MAKING POSITIVE CHOICES TO AVOID SUBSTANCE ABUSE AND VIOLENCE. | $10,000 |
THE GREENHOUSE PURPOSE: PROVIDE ASSISTANCE TO SCHOOL CHILDREN WITH AFTER SCHOOL HOMEWORK. | $20,000 |
SIERRA FOREVER FAMILIES PURPOSE: TO ASSIST WITH THE DEVELOPMENT OF AN INNOVATIVE PROGRAM WITH CHILD PROTECTIVE SERVICES TO PAIR KIDS IN FOSTER CARE WITH CARING ADULT MENTORS. | $10,000 |
PLACER COUNTY FOOD BANK PURPOSE: TO PROVIDE FUNDS TO ALLOW THE ORGANIZATION TO DISTRIBUTE FOOD TO THE HUNGRY AN ASSIST IN HUNGER RELIEF EFFORTS. | $15,000 |
ACRES OF HOPE PURPOSE: PROVIDE LONG TERM HOUSING FOR HOMELESS WOMEN WITH CHILDREN | $20,000 |
TAYLOR HOUSE PURPOSE: TO HELP TRANSITION AGED FORMER FOSTER YOUTH AND "AT RISK/HOMELESS" YOUTH BY OFFERING AFFORDABLE RENTS, TEACHING LIFE SKILLS, SETTING CAREER AND EDUCATION GOALS AND OFFERING ASSISTANCE IN NAVIGATING LIFE WHILE. | $10,000 |