Daniel And Josephine Mikovich Community Foundation Inc
- Assets
- $912.1k
- Revenue
- $19.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Edinboro, PA
- Founding
- 09/2006
- Data as of
- 12/2021
- EIN
- 20-3528829
Organization Overview
Daniel And Josephine Mikovich Community Foundation Inc is located in Edinboro, PA. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daniel And Josephine Mikovich Community 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 12/2021, Daniel And Josephine Mikovich Community Foundation Inc generated $19.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $48.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Daniel And Josephine Mikovich Community Foundation Inc has awarded 44 individual grants totaling $262,591. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric J Mikovch Vice President | 0.5 | $2,351 | |
James F Mikovch President | 0.5 | $2,351 | |
Steven C Lombard Secretary/treasurer | 0.5 | $2,351 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,995 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,995 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,053 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $284 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,089 |
| Total operating and administrative expenses | $9,301 |
| Contributions, gifts, grants paid | $38,813 |
| Total expenses and disbursements | $48,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,803 |
| Savings and temporary cash investments | $899,252 |
| 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 | $912,055 |
| 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 | $264 |
| Total liabilities | $264 |
Grants Awarded
Over the last fiscal year, Daniel And Josephine Mikovich Community Foundation Inc has awarded $38,813 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Cranesville, PA PURPOSE: GENERAL FUND | $27,813 |
EDINBORO UNIVERSITY (5 STUDENT) PURPOSE: INDIVIDUAL SCHOLARSHIPS | $5,000 |
INDIANA UNIVERSITY (1 STUDENTS) PURPOSE: INDIVIDUAL SCHOLARSHIP | $1,000 |
UNIVERSITY OF PITTSBURGH AT BRADFORD (1 STUDENT) PURPOSE: INDIVIDUAL SCHOLARSHIP | $1,000 |
GANNON UNIVERSITY (1 STUDENTS) PURPOSE: INDIVIDUAL SCHOLARSHIPS | $1,000 |
SLIPPERY ROCK UNIVERSITY (1 STUDENT) PURPOSE: INDIVIDUAL SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Brooklyn College Foundation Inc Brooklyn, NY | $101,301,645 | $6,939,639 |
The One Love Foundation In Honor Of Yeardley Love Inc Bronxville, NY | $10,162,225 | $8,418,764 |