Harold Mcalister Charitable Foundation is located in Beverly Hills, CA. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Harold Mcalister 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 05/2022, Harold Mcalister Charitable Foundation generated $853.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $986.4k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harold Mcalister Charitable Foundation has awarded 268 individual grants totaling $11,176,817. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Patrick Mcalister President/trustee | 20 | $24,800 | |
Lauren Mcalister Trustee | 3 | $24,800 | |
Mari Mcalister Trustee | 3 | $24,800 | |
Megan Mcalister Trustee | 3 | $24,800 | |
Michael Mcalister Trustee | 3 | $24,800 | |
Sean Mcalister Trustee | 3 | $24,800 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $160 |
Dividends & Interest | $645,600 |
Profit on Inventory Sales | $0 |
Other Income | $24,462 |
Total Revenue | $853,891 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $151,200 |
Pension plans, employee benefits | $28,343 |
Depreciation | $0 |
Occupancy | $40,758 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $484,864 |
Contributions, gifts, grants paid | $501,500 |
Total expenses and disbursements | $986,364 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Investments—mortgage loans | $0 |
Investments—other | $300,000 |
Other assets | $6,707 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, Harold Mcalister Charitable Foundation has awarded $646,000 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
BEVERLY HILLS EDUCATION FOUNDATION PURPOSE: CHARITABLE-UNRESTRICTED | $35,000 |
CASA DEL HERRERO PURPOSE: CHARITABLE-UNRESTRICTED | $207,500 |
CATALINA ISLAND CONSERVANCY PURPOSE: CHARITABLE-UNRESTRICTED | $100,000 |
CENTRAL COAST OCEAN ADVENTURES FOUNDATION PURPOSE: CHARITABLE-UNRESTRICTED | $10,000 |
CHILDRENS BURN FOUNDATION PURPOSE: CHARITABLE-UNRESTRICTED | $5,000 |
FRIENDS OF ROBINSON GARDENS PURPOSE: CHARITABLE-UNRESTRICTED | $5,000 |