M F K Foundation Inc
- Assets
- $45.5k
- Revenue
- $586.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Monsey, NY
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 20-8118161
Organization Overview
M F K Foundation Inc is located in Monsey, NY. The organization was established in 2009. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. M F K 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, M F K Foundation Inc generated $586.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $565.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, M F K Foundation Inc has awarded 358 individual grants totaling $5,976,718. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mendel Klein Trustee | 5 | $0 | |
Feige Klein Trustee | 5 | $0 | |
Chaim S Klein Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $586,944 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $586,944 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,215 |
| Total operating and administrative expenses | $3,795 |
| Contributions, gifts, grants paid | $561,851 |
| Total expenses and disbursements | $565,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,459 |
| 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 | $45,459 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, M F K Foundation Inc has awarded $561,851 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS CHARITIES PURPOSE: CHARITABLE | $45,489 |
CONGYETEV LEV SATMAR PURPOSE: CHARITABLE | $90,000 |
CONG BOBOWER SHAREI ZION PURPOSE: CHARITABLE | $100,000 |
CONG BOBOV 45 PURPOSE: CHARITABLE | $7,376 |
CONG MACHNE SHALVA PURPOSE: CHARITABLE | $12,500 |
CONG LOMDEI TORAH INC PURPOSE: CHARITABLE | $17,575 |