Overview
What is Donald E Mcmahon Foundation?
The Donald E Mcmahon Foundation, based in Houston, Texas, is a charitable organization with a focus on medical research and the procurement of necessary equipment for other nonprofit entities. Additionally, the foundation offers educational scholarships to deserving individuals. By supporting medical research and providing essential equipment to other organizations, the foundation contributes to advancements in healthcare. Moreover, the scholarships it offers help nurture future professionals in the field, ensuring continued progress and improvement in medical services. The foundation, with its mission to foster both medical advancements and education, plays a significant role in the community.
Is Donald E Mcmahon Foundation legitimate?
Donald E Mcmahon Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Donald E Mcmahon Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Donald E Mcmahon Foundation?
The Donald E McMahon Foundation's mission is centered around supporting medical research and procuring necessary equipment for various charitable organizations. Additionally, the foundation provides educational scholarships as part of its commitment to making a positive impact in this field. In essence, the foundation's mission is to contribute to medical advancements and support deserving students through educational scholarships. It achieves this by providing financial resources to charitable organizations and individuals, thereby furthering medical research and enhancing educational opportunities.
Who is the CEO of Donald E Mcmahon Foundation?
Ed Mcmahon is the President of Donald E Mcmahon Foundation.
What is the revenue of Donald E Mcmahon Foundation?
Donald E Mcmahon Foundation's revenue in 2022 was $76,141.
Who are the executives of Donald E Mcmahon Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Donald E Mcmahon Foundation?
Donald E Mcmahon Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Donald E Mcmahon Foundation
The Donald E McMahon Foundation is dedicated to advancing medical research and procuring necessary equipment for various charitable organizations. By investing in these areas, the foundation aims to contribute to the betterment of healthcare services provided by these organizations. In addition to supporting medical research and equipment purchases, the foundation also offers educational scholarships. By providing financial assistance, it enables deserving individuals to pursue their academic goals in the field of medicine, thereby ensuring a continuous supply of skilled professionals in the medical field. In essence, the Donald E McMahon Foundation plays a pivotal role in enhancing medical research, equipping charitable organizations, and nurturing future medical professionals.
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Impact
October, 2024
The Donald E McMahon Foundation significantly impacts the field of medical research and healthcare by funding essential research initiatives and facilitating the purchase of medical equipment for various charitable organizations. Additionally, it contributes to the education of future healthcare professionals through scholarships, enabling them to pursue careers in medicine and research. Based in Houston, Texas, the foundation plays a crucial role in advancing medical knowledge and improving healthcare outcomes by supporting both innovative research projects and the organizations that implement them. Its efforts not only enhance the capabilities of healthcare providers but also foster the next generation of medical professionals.
This information is meant to be a general summary of Donald E Mcmahon Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $76,141
- Gross Receipts: $314,002
Assets and Liabilities:
- Total Assets: $757,743
- Total Liabilities: $0
- Net Assets: $757,743
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Organization Details
Founding Year
2002
Phone
(713) 782-5550Principal Officer
Ed Mcmahon
Main Address
7676 WOODWAY SUITE 320, HOUSTON, TX, 77063
NTEE Category
Code: H30 - Medical research
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