Is Donald C Mcgraw Foundation Inc Legit?

Quick charity verification for Donald C Mcgraw Foundation Inc (EIN: 136165603)

Verdict: Donald C Mcgraw Foundation Inc appears trustworthy

90/100Mission Score
$20.8MRevenue
$37.0MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The Donald C Mcgraw Foundation Inc demonstrates strong financial health, with its assets consistently growing over the past decade, from $14.97 million in 2011 to $31.27 million in 2023. The organization primarily functions as a grant-making foundation, as indicated by its NTEE code being 'Unknown' and the absence of officer compensation, suggesting a lean operational structure. While specific program spending details are not provided in the summary data, the consistent expenditure levels relative to revenue suggest active grant-making. The foundation's liabilities have remained minimal, often reported as $0 or $1, which is a positive indicator of financial stability and low debt burden. The foundation's revenue and expenses have fluctuated, but generally show an upward trend, with the latest reported revenue at $5,656,350 and expenses at $5,688,340 for the 2023 period, indicating that it is actively distributing funds.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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