EIN 27-0365906

Mcleod Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2009
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Mcleod Family Foundation is a family foundation located in Roanoke, VA, that primarily funds charitable contributions. It focuses on breaking the cycle of poverty through a multigenerational approach to support education at its private academy. The foundation has made six grants last year, with grantees including Family Promise and others.
Total revenues
$4,680,884
2023
Total expenses
$4,414,560
2023
Total assets
$35,801,145
2023
Num. employees
0
2023

Program areas at Mcleod Family Foundation

The academy is a private school focused on breaking the cycle of poverty through a multigenerational approach of supporting the whole Family, in addition to providing a quality education to the children. The first cohort and the graduating class of 2031 started in august of 2018. We believe the academy is unique because of its focus on the Family and the resources provided to help overcome the barriers and break the cycle of generational poverty. The school models a traditional academic curriculum for the students and supports the Family through life skills classes assessments, training, vocational opportunities and job and housing resources. The families of the academy will have resources made available through many community partnerships. We believe supporting the Family with childcare benefits, a safe housing enviroment, financial literacy, and strong academic experiences they will be successful at sustaining a liviable wage and lifestyle.
The Mcleod Family Foundation opened operates a nonprofit childcare center in roanoke, Virginia. We provide young children with a quality early childhood edcuation while offering families the security of knowing they are receiving exeptional care. Honeytree, llc serves children between the ages of 6 weeks and 12 years old. The centers provide convenient daily hours for working parents. We take the safety of our students very seriously. Our centers feature coded front doors, fingerprint check-in, certified cpr/first aid teachers and continuous education in safety training. We are invested in quality programming and committed to employing early childhood professinals who work together to ensure the highest standards in the childcare industry.
Financial education program: the Foundation provides a financial education program designed to help individuals understand how to manage personal finances. Personal finance education is key to improving the financial stability of our community and help those living in poverty acquire the skills to overcome their situation. The nine week course is offered several times a year and impacts over 100 families per year.
In 2018, the Mcleod Family Foundation began serving the community with direct services as an operating Foundation focused on overcoming generational poverty. The delivery service model includes early childhood education through childcare facilites, private education for children k-12, and financial education for the parents along with housing opportiunities and jobs skills training. The direct charitable activites are provided through our two established programs, the academy and honeytree, llc.

Grants made by Mcleod Family Foundation

GranteeGrant descriptionAmount
The Advancement FoundationCharitable Contribution$10,000

Who funds Mcleod Family Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Honeytree FoundationCharitable Contribution$17,389

Financials for Mcleod Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$541,312
Investment income and dividends$24,686
Net rental income$-451,017
Net gain from sale of non-inventory assets$99,616
Gross sales of inventory$1,585,463
Miscellaneous revenues$29,300
Total revenues$4,680,884

Form 990s for Mcleod Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990PFView PDF
2022-122023-10-19990PFView PDF
2021-122022-10-18990PFView PDF
2020-122022-02-15990PFView PDF
2019-122021-04-08990PFView PDF
...and 10 more Form 990s

Organizations like Mcleod Family Foundation

OrganizationLocationRevenue
Edward R Fisher Charitable FNDNJefferson, GA$1,445,368
Teichert FoundationSacramento, CA$1,449,500
The Francine A LeFrak FoundationWilmington, DE$2,894,550
LARRK FoundationDenver, CO$1,178,177
Floradon FoundationHenderson, NV$2,448,961
Morgan Family FoundationYellow Springs, OH$6,320,814
Turner FoundationAtlanta, GA$2,963,717
The Clark FoundationNew York, NY$10,612,557
Ryobi FoundationCarbondale, CO$1,944,650
The Cudahy FoundationMequon, WI$18,063,592
Data update history
March 6, 2025
Posted financials
Added Form 990PF for fiscal year 2023
November 27, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 11, 2023
Received grants
Identified 1 new grant, including a grant for $17,389 from Honeytree Foundation
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
410 First St
Roanoke, VA 24011
Metro area
Roanoke, VA
County
Roanoke city, VA
Phone
(540) 344-0040
IRS details
EIN
27-0365906
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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