Mcinerny Foundation
- Assets
- $106.0m
- Revenue
- $5.6m
- Investments
- $100.0m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 09/1944
- Data as of
- 09/2023
- EIN
- 99-6002356
Organization Overview
Mcinerny Foundation is located in Honolulu, HI. The organization was established in 1944. 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. Mcinerny 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 09/2023, Mcinerny Foundation generated $5.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $6.0m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mcinerny Foundation has awarded 280 individual grants totaling $17,211,695. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,032,876 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,271,408 |
| Capital Gain Net Income | $2,244,350 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,634,484 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $235,056 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $66,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $859,422 |
| Total operating and administrative expenses | $1,217,773 |
| Contributions, gifts, grants paid | $4,797,500 |
| Total expenses and disbursements | $6,015,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,728 |
| Savings and temporary cash investments | $2,142,951 |
| 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 | $1,240,930 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,598,539 |
| Total assets | $106,032,696 |
| Accounts payable and accrued expenses | $120,133 |
| Grants payable | $2,605,483 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,124,670 |
| Total liabilities | $4,850,286 |
Grants Awarded
Over the last fiscal year, Mcinerny Foundation has awarded $5,698,684 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER-SCHOOL ALL-STARS HAWAII PURPOSE: AFTER-SCHOOL PROGRAMS FOR MIDDLE SCHOOL YOUTH | $200,000 |
ALLIANCE FOR DRAMA EDUCATION PURPOSE: THE ALLIANCE FOR DRAMA EDUCATION & T-SHIRT THEATRE GENERAL OPERATIONS REQUEST | $25,000 |
ALOHA HARVEST PURPOSE: FOOD RESILIENCE HUB**EXT THRU 6/30/2023 | $50,000 |
ALOHA MEDICAL MISSION PURPOSE: WELCOME SMILE -- UNMASKING SMILES | $15,000 |
ALOHA SCHOOL EARLY LEARNING CENTER PURPOSE: 2022-2023 TUTION AID PROGRAM | $15,000 |
AMERICAN CANCER SOCIETY HAWAII PACIFIC REGION PURPOSE: GENERAL SUPPORT FOR CLARENCE T.C. CHING HOPE LODGE HAWAII | $40,000 |