NonprofitsAgnes Smith Mcdowell Tr

Corporate Foundations

Agnes Smith Mcdowell Tr

CYNTHIANA, KY

Total revenue

$286K

Total expenses

$464K

Net assets

$6.6M

Grants received

EIN

320186585

Tax year

2024

Mission

Funds should be utilized for the benefit maintenance and improvement of voag classes taught at harrison co high school

Programs

1 program

The farm land left by the will of Agnes McDowell was divided into 5 tracts originally but since has acquired additional adjoining land with hopes to devolop a 6th tract, 7 young local farmers are using the land for corn, soybeans, tobacco, hay and cattle for themselves. The Trust has a landlord/tenant relationship in which these farmers may farm for a period of 8 years and the Trust pays a portion of the expenses in return for a percentage of the profits.

Grants: $30K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$173K
Investment income$103K
Other revenue$9K
Total revenue$286K

Expenses

Grants paid$30K
Salaries & benefits$40K
Fundraising
Other expenses$394K
Total expenses$464K
Total assets$6.6M
Net assets$6.6M

People

1 listed

NameRoleCompensation

JOHN R ARNOLD

TRUSTEE

Board

$40K

15 hrs/wk

Details

EIN320186585
NTEE codeT21
Subsection03
Ruling date2008-03
Formed2006
Employees0
AGNES SMITH MCDOWELL TR — Mission, Financials & Grants Received | Grantivo