M W C Foundation N M & F
- Assets
- $19.7m
- Revenue
- $5.0m
- Investments
- $19.6m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 22-2914691
Organization Overview
M W C Foundation N M & F is located in Boston, MA. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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 W C Foundation N M & F 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 W C Foundation N M & F generated $5.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $7.1m during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 5 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 2020, M W C Foundation N M & F has awarded 333 individual grants totaling $24,386,692. 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 |
|---|---|---|---|
Thomas P Jalkut President/director | 0 | $0 | |
Melissa S Mcmorrow Treasurer/director | 0 | $0 | |
Erin Whitney Cicchetti Clerk | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,190,572 |
| Interest on Savings | $78,650 |
| Dividends & Interest | $939,578 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,802,194 |
| Capital Gain Net Income | $3,089,669 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,010,994 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48,764 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $145,317 |
| Total operating and administrative expenses | $691,009 |
| Contributions, gifts, grants paid | $6,431,092 |
| Total expenses and disbursements | $7,122,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $915 |
| Savings and temporary cash investments | $87,903 |
| 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 | $3,541,378 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,704,465 |
| 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 W C Foundation N M & F has awarded $6,431,092 in support to 91 organizations.
| Grant Recipient | Amount |
|---|---|
826 BOSTON PURPOSE: WRITERS ROOM EXPANSION PLAN, CAMPAIGN FOR GROWTH | $75,000 |
ACLU FOUNDATION OF MASSACHUSETTS PURPOSE: GENERAL FUND PROTECT CIVIL RIGHTS AND INDIVIDUAL LIBERTIES IN MA | $100,000 |
AGASSIZ VILLAGE PURPOSE: TEEN PROGRAMS | $65,000 |
AMERICAN RIVERS INC PURPOSE: DIVERSITY, EQUITY & INCLUSION EFFORTS | $122,750 |
AMNESTY INTERNATIONAL USA PURPOSE: REFUGEE RIGHTS CAMPAIGN | $50,000 |
ASTRAEA LESBIAN FOUNDATION FOR JUSTICE PURPOSE: GENERAL FUND | $60,000 |