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BERNARD MCDONOUGH FOUNDATION INC

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Public IRS 990 nonprofit record

BERNARD MCDONOUGH FOUNDATION INC

EIN 55-6023693 · Private Grantmaking Foundations (T20)

What they do

BERNARD MCDONOUGH FOUNDATION INC .

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$107.50spent for every $100 of revenueSpending was higher than revenue this year.
$18.65in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $167,907 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $155,000 for ROBERT S BOONE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$2,238,667
Expenses$2,406,574
Annual shortfall $167,907 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$2,238,667
Expenses$2,406,574
Assets$44,891,884
Income$3,530,525
Grants given$13,930,477
Average grant$11,180
Executive compensation (total)$201,229
Stocks and bonds$42,422,208
Accounting fees$10,970
Investing fees$62,718
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ROBERT S BOONEPRESIDENT · 40 hrs/week $155,000
KATRINA VALENTINESECRETARY · 40 hrs/week $86,005
DALE A KNIGHTDIRECTOR · 2 hrs/week $12,000
FC MCCUSKERTREASURER · 2 hrs/week $12,000
JOE CAMPBELLDIRECTOR · 2 hrs/week $12,000
ROBERT W STEPHENSDIRECTOR · 2 hrs/week $12,000
ANGELA I SMITHPRESIDENT · 40 hrs/week $5,208

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

ROBERT S BOONEPRESIDENT

KATRINA VALENTINESECRETARY

DALE A KNIGHTDIRECTOR

FC MCCUSKERTREASURER

JOE CAMPBELLDIRECTOR

ROBERT W STEPHENSDIRECTOR

ANGELA I SMITHPRESIDENT

MARY RICCOBENEVICE PRESIDE

About this charity

Recognized since
January 1964
Location
311 FOURTH STREET, PARKERBURG, WV 26101
County
Wood
In care of
ANGELA I SMITH
Primary officer
ANGELA I SMITH, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990PF
Tax preparer
KORESKI & ESTEP PLLC
NTEE classification
Private Grantmaking Foundations (T20)
IRS tax category
Private Grantmaking Foundations
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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