Mhe Foundation Inc

Organization Overview

Mhe Foundation Inc is located in Edgewater, MD. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mhe Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Mhe Foundation Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 73.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 37.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mhe Foundation Inc has awarded 101 individual grants totaling $2,426,796. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,330,140
Interest on Savings $143
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $15,457
Capital Gain Net Income $101,422
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,345,740

Grants Awarded

Over the last fiscal year, Mhe Foundation Inc has awarded $1,198,078 in support to 19 organizations.

Grant RecipientAmount

ANNAPOLIS HOPE FOUNDATION

PURPOSE: UNRESTRICTED

$1,000

AAC LIBRARY FOUNDATION

PURPOSE: EDUCATION

$20,000

ARCHBISIHOP SPALDING HIGH SCHOOL

PURPOSE: EDUCATION

$52,203

CHESAPEAKE CONSERVANCY

PURPOSE: EDUCATION & CONSERVATION

$201,100

CHESAPEAKE BAY FOUNDATION

PURPOSE: NATURE CONSERVATION

$10,000

CHILDREN'S TUMOR FOUNDATION

PURPOSE: UNRESTRICTED

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Young Mens Christian Association Of The Chesapeake Inc
Easton, MD
$23,391,528
Morgridge Family Foundation
Wilmington, DE
$45,209,679
Aviv Foundation Inc
Washington, DC
$16,769,963
Manning Family Foundation
Charlottesville, VA
$5,624,625
GDS Legacy Foundation Inc
Wilmington, DE
$575,846
Highmark Foundation
Pittsburgh, PA
$5,969,409
Lisa Dean Moseley Foundation
Rockland, DE
$7,206,561
Hamilton Family Charitable Trust
Wayne, PA
$49,505,637
Bern Schwartz Family Foundation
Wilmington, DE
-$438,612
Breakthrough Prize In Life Sciences Foundation
Washington, DC
$14,846,831
Seed The Dream Foundation
Gladwyne, PA
$2,461,342
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee
Montchanin, DE
$5,591,943
De Beaumont Foundation Inc
Bethesda, MD
$10,438,308
Three Sisters Foundation
Wilmington, DE
$12,919,392
Eugene B Casey Foundation
Rockville, MD
$79,367,213
Revada Foundation
Alexandria, VA
$3,258,811
Zachary Smith Reynolds Trust
Pittsburgh, PA
$8,232,510
Euphonium Foundation
Washington, DC
$798,189
Wolf Creek Charitable Foundation
West Conshohocken, PA
$8,750,025
Daniel B And Florence E Green Foundation
Conshohocken, PA
$12,132,631
Fellowship Foundation Inc
Arlington, VA
$9,389,532
Sylvan C Herman Foundation Inc
Washington, DC
$16,784,726
New Mighty Foundation
Washington, DC
$24,090,146
Hazel Ruby Mcquain Charitable Tr
Morgantown, WV
$9,092,496
Howmet Aerospace Foundation
Pittsburgh, PA
$27,580,754

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