Mcgough Foundation in Saint Paul, Minnesota (MN)

Table of contents:

Organization representatives - add corrected or new information about Mcgough Foundation »

Non-representatives - add comments about Mcgough Foundation»

Mcgough Foundation
Employer Identification Number (EIN)411687543
Name of OrganizationMcgough Foundation
Address2737 Fairview Ave N, Saint Paul, MN 55113-1307
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date01/1992
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$23,650
Amount of Income$332,505
Form 990 Revenue Amount$430,530

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Revenue for 2011

Expenses for 2011

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$430,530$530$0
Contributions, gifts, grants, etc., received$430,000
Interest on savings and temporary cash investments$0
Dividends and interest from securities$530
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$572,568$150$0$572,400
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$2,068$150$1,900
Contributions, gifts, grants paid$570,500
Excess of revenue over expenses and disbursements$-142,038
Net investment income$380
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$345,382$345,382
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Total liabilities$1
Mortgages and other notes payable$0
Total liabilities and net assets/fund balances$345,382
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2011)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$4
Total credits and payments$86
2011 estimated tax payments and 2010 overpayment credited to 2011$86
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$0
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$0
Amount to be credited to 2012 estimated tax$82
Statements Regarding Activities (for 2011)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2011)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$455,170
Net value of noncharitable-use assets$448,340
Minimum investment return$22,417
Distributable Amount (for 2011)
Distributable amount$22,413
Undistributed Income (for 2011)
Distributable amount for 2011$22,413
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated


Your Review

Would you recommend Mcgough Foundation to others? (optional)
Add photo of Mcgough Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Recently Added Reviews
Midwest Vipassana Association, Minnesota Vipassana Association in Saint Paul, MN
Minnesota Pow-Mia Riders Association Inc in Rochester, MN
Minnesota Pheasants Inc, Blue Earth County Chapter in Good Thunder, MN
Marble Lutheran Church in Hendricks, MN
Marys Wish in Waconia, MN
Holy Trinity Church & Ministry in Minneapolis, MN
Professional Payee Of Minnesota in Anoka, MN
Word Of Life Outreach Center Inc, Jim Hall Ministries in Hutchinson, MN
Scholarship America Inc, Career Advisory Council Dollars For in St Peter, MN
Advantage Flag Football in Yorba Linda, CA
Other organizations in Minnesota
IdNameAddressStateEstablishedTotal Income
1Mayo Medical Alumni Association200 1st Street Sw Siebens 5, Rochester, MN 55905-0001MN2002-03$680,165
2Mayo School Of Health-Related Sciences Alumni Association200 1st Street Sw, Rochester, MN 55905-0001MN2002-03$5,902
3Mazahua Valley Ministries5985 Rowland Road 12, Minnetonka, MN 55343-8929MN1999-07$75,207
4Mazeppa Lions Club, MazeppaPO BOX 23, Mazeppa, MN 55956-0023MN1969-12$169,089
5Mccarthy-Bjorklund Foundation345 St Peter Street, St Paul, MN 55102-1211MN1995-01$1,156,947
6Mcdonald Sunshine Place621 E 38th St, Minneapolis, MN 55407-2571MN1994-05$642,814
7More96 Wheelock Pkwy E, Saint Paul, MN 55117-3939MN1989-10$434,191
8Mcdowell Foundation730 2nd Ave S Ste 1300, Minneapolis, MN 55402-2416MN1991-04$45,114
9Mcelrath Foundation5026 Bruce Ave, Edina, MN 55424-1318MN1985-04$8,463
10Mcglynn Family FoundationPO BOX 68, Anoka, MN 55303-0068MN1994-09$551,100
11Mcgough Foundation2737 Fairview Ave N, Saint Paul, MN 55113-1307MN1992-01$332,505
12Mcgrath Fire Department Relief Association209 Main St W, Mc Grath, MN 56350-4401MN1998-01$254,683
13Mcgregor Fire Department Relief AssociationPO BOX 326, Mcgregor, MN 55760-0326MN1992-05$866,926
14Mcintosh Housing IncPo Box 247, Mcintosh, MN 56556MN1969-02$0
15Mckinley Community3300 Lyndale Ave N, Minneapolis, MN 55412-2554MN1995-01$239,608
16Mckinley Parent Teacher Organization, Mckinley Pto Mckinley Elementary Pto1740 Constance Blvd, Ham Lake, MN 55304MN1995-10$0
17Mcknight Endowment Fund For Neuroscience710 S 2nd St Ste 400, Minneapolis, MN 55401-2290MN1987-01$3,490,000
18Mcleod Alliance For Victims Of Domestic Violence IncPO BOX 393, Hutchinson, MN 55350-0393MN1993-07$142,770
19Mcleod Cooperative Power AssociationPO BOX 70, Glencoe, MN 55336-0070MN1937-12$19,886,236
20Mcleod County Agricultural AssociationPO BOX 142, Hutchinson, MN 55350-0142MN1945-08$289,514 is not associated with, endorsed by, or sponsored by Mcgough Foundation and has no official or unofficial affiliation with Mcgough Foundation