Mennel Family Foundation Inc
- Assets
- $197.4k
- Revenue
- $4.8k
- Investments
- $197.4k
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 20-0528960
Organization Overview
Mennel Family Foundation Inc is located in Carmel, IN. The organization was established in 2004. 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. Mennel Family 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 12/2022, Mennel Family Foundation Inc generated $4.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $15.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David R Mennel Dir/pres/secr/treas | 1 | $0 | |
Debra G Mennel Director/vice Pres | 1 | $0 | |
Daniel Mennel Director/vice Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,558 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $245 |
| Capital Gain Net Income | $245 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $684 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $1,619 |
| Contributions, gifts, grants paid | $13,500 |
| Total expenses and disbursements | $15,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $197,408 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $16,322 |
| Total liabilities | $16,322 |
Grants Awarded
Over the last fiscal year, Mennel Family Foundation Inc has awarded $13,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA UNIVERSITY PURPOSE: 100 VOICES OF HOPE FUND | $1,000 |
GUERIN CATHOLIC HIGH SCHOOL PURPOSE: BUILDING FUND | $1,000 |
INDIANAPOLIS HEBREW CONGREGATION PURPOSE: GENERAL FUND | $2,500 |
MARIAN UNIVERSITY PURPOSE: GENERAL FUND | $500 |
RONCALLI HIGH SCHOOL PURPOSE: GENERAL FUND | $500 |
ST MARY'S CHILD CENTER PURPOSE: GENERAL FUND | $1,500 |