DALLAS, TX

James L And Mary D Macfarlane Charitable Foundation

Quick Facts

EIN: 871553736
Location: DALLAS, TX
Category: Religion
Total Assets: $15M
Annual Income: $10.7M
IRS Ruling Year: 2021
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

James L And Mary D Macfarlane Charitable Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2021. It holds total assets of $15M. Annual income is reported at $10.7M. The foundation operates in the area of religion. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$294K

2023+644%

Total Assets

$7M

2023+159%

Fair Market Value

$7.2M

2023

Net Worth

$7M

2023

Grants Paid

$259K

2023

Contributions

$4.5M

2023

Net Investment Income

$227K

2023

Distribution Amount

$301K

2023

Total Giving by Year

$40K

$294K

Asset Growth

$2.6M

$2.7M

$7M

Investment Portfolio (2023)

Total: $2.2M

Corporate Stock: $2.2M

Other Investments: $275K

Cash: $4.6M

Corporate Stock (31%)

Other Investments (4%)

Cash (65%)

Expense Breakdown (2023)

Grants Paid$259K

Legal Fees$25K

Revenue Sources (2023)

Contributions: $4.5M
Dividends: $164K
Interest: $98K
Capital Gains (Net): $-138,822

Financial Details (2023)

Total Revenue: $4.6M
Total Expenses: $294K
Exempt Purpose Expenses: $259K
Required Distribution: $301K
Undistributed Income: $170K
Total Liabilities: $1
Excise Tax: $3K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$259K

Average Grant

$22K

Median Grant

$14K

Grant Range

Min$7K

Max$43K

Median: $14K

Smallest grantLargest grant

Geographic Distribution of Grants

NY: $14K (2)

TX: $245K (10)

TX$245K (10)

NY$14K (2)

Past Grantees

Recipient	Location	Amount	Year
Mater Dei Latin MassUNRESTRICTED	Irving, TX	$43K	2023
Thomas More InstUNRESTRICTED	Fort Worth, TX	$43K	2023
Mater Dei Latin MassUNRESTRICTED	Irving, TX	$43K	2023
Thomas More InstUNRESTRICTED	Fort Worth, TX	$43K	2023
St Edward Catholic ParishUNRESTRICTED	Dallas, TX	$14K	2023
Lewis Tolkien SocietyUNRESTRICTED	Arlington, TX	$14K	2023
Saint Raphael Retreat CenterUNRESTRICTED	Dallas, TX	$14K	2023
Lewis Tolkien SocietyUNRESTRICTED	Arlington, TX	$14K	2023
Friars Of AtonementUNRESTRICTED	Garrison, NY	$7K	2023
Friars Of AtonementUNRESTRICTED	Garrison, NY	$7K	2023
Discalced Carmelite MonasteryUNRESTRICTED	Dallas, TX	$7K	2023
Discalced Carmelite MonasteryUNRESTRICTED	Dallas, TX	$7K	2023