Also known as: Foundation Inc
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Harold Lee And Vernita Ruth Mceachern Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2001. The principal officer is Foundation Source. It holds total assets of $2.2M. Annual income is reported at $246K. Total assets have grown from $149K in 2011 to $2.3M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Minnesota and California. According to available records, Harold Lee And Vernita Ruth Mceachern Family Foundation Inc. has made 17 grants totaling $405K, with a median grant of $25K. Annual giving has decreased from $280K in 2022 to $125K in 2023. Individual grants have ranged from $5K to $50K, with an average award of $24K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Minnesota and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$23K
Largest Grant
$50K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Harold Lee And Vernita Ruth Mceachern Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MN, CA.
Harold Lee And Vernita Ruth Mceachern Family Foundation Inc. has distributed a total of $405K across 17 grants. The median grant size is $25K, with an average of $24K. Individual grants have ranged from $5K to $50K.
Harold Lee And Vernita Ruth Mceachern Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Harold Lee And Vernita Ruth Mceachern Family Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robilyn Bowman | Dir, Pres | $4K | $0 | $4K |
| Andrew Klobnock | Dir, Sec, Treas, VP | $4K | $0 | $4K |
| Emma Bowman | Dir | $2K | $0 | $2K |
| Ryan Bowman | Dir | $2K | $0 | $2K |
Total Giving
$157K
Total Assets
$2.3M
Fair Market Value
$3.5M
Net Worth
$2.3M
Grants Paid
$125K
Contributions
N/A
Net Investment Income
$105K
Distribution Amount
$160K
Total: $2.3M
Total Grants
17
Total Giving
$405K
Average Grant
$24K
Median Grant
$25K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Minnesota FoundationMorris Softball Complex | Minneapolis, MN | $50K | 2023 |
| Concordia College Corporationnew uniforms and parkas/winter coats for the team, Florida spring break trip, cost of airline tickets for the players, hotel costs, food, and other travel expenses | Moorhead, MN | $20K | 2023 |
| The Roman Catholic Bishop Of San JoseCharitable Event | San Jose, CA | $5K | 2023 |
| Willow Glen Little League IncGeneral & Unrestricted | San Jose, CA | $5K | 2022 |
| Saint Mary Of The Immaculate ConceptionCharitable Event | Los Gatos, CA | $5K | 2022 |