Maybelle Clark Macdonald Fund
The Maybelle Clark Macdonald Fund is a nonprofit organization founded in 1970 by Maybelle Clark Macdonald and her husband, Fred Macdonald. The fund is dedicated to easing hardship and improving the well-being of humanity, with a specific focus on supporting organizations in Oregon.
Mission and Purpose
The mission of the Maybelle Clark Macdonald Fund is to relieve misfortune and promote the well-being of mankind. It achieves this by supporting nonprofit organizations across five core areas: Cultural Arts, Education, Human Services, Medical Research, and Public Benefit. The fund emphasizes long-term commitments to organizations, often supporting them in increasing their fundraising capacity and ensuring sustainability.
Background and Founders
Maybelle Clark Macdonald grew up in Oregon, surrounded by the state's pioneer spirit. Her family had significant involvement in the lumber industry, with her father operating the Clark and Wilson Lumber Company. Maybelle was known for her philanthropic work, particularly in helping vulnerable populations such as women and children. From a young age, she was active in charitable activities, often assisting struggling families in Oregon's logging camps.
Grantmaking Activities
Since its inception, the Maybelle Clark Macdonald Fund has awarded substantial grants to various organizations. From 2001 to 2016, the fund distributed over $93 million in grants to nonprofit organizations, with a significant portion directed towards human services. Notable recipients have included the Oregon Food Bank, which received funding to expand its School Pantry Program, resulting in over 1.2 million meals provided throughout the state. The fund also supports youth development through educational scholarships, youth arts programs, and mentoring initiatives.
Current Status
The fund remains committed to its mission, continues to operate with significant assets, and maintains a strong focus on supporting Oregon's most vulnerable populations. As of recent financial reports, the fund has total assets of approximately $122 million and distributes substantial charitable disbursements annually.
Financial Overview
The Maybelle Clark Macdonald Fund derives its revenue primarily from investment returns, including dividends. The organization's expenditures are mainly comprised of charitable disbursements, which account for the majority of its expenses. The fund operates without liabilities, demonstrating a stable financial position.
Leadership and Governance
The Maybelle Clark Macdonald Fund is governed by a board of directors who oversee the strategic direction and allocation of grants. The organization emphasizes the importance of board participation at all levels, reinforcing its commitment to community engagement and philanthropic endeavors.
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