Mpc Endowment Ltd
- Assets
- $305.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 06/1974
- Data as of
- 12/2021
- EIN
- 23-7375882
Organization Overview
Mpc Endowment Ltd is located in Milwaukee, WI. The organization was established in 1974. According to its NTEE Classification (T30) the organization is classified as: Public 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. Mpc Endowment Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ENDOWMENT CARRIES OUT ITS MISSION BY PROVIDING SCHOLARSHIPS TO STUDENTS, FUNDING JOURNALISM-RELATED EDUCATION PROGRAMS AND SUPPORTING ACTIVITIES OF THE MILWAUKEE PRESS CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Luthern Vice President | 5 | $0 | |
Lindsey Mckee Board Of Directors | 1 | $0 | |
Erin Richards Board Of Directors | 1 | $0 | |
David Niles Treasurer | 5 | $0 | |
Joel Dresang President | 5 | $0 | |
Tom Heinen Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,452 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $57,298 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,703 |
| Total expenses | $21,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $305,863 |
| Other assets | $0 |
| Total assets | $305,863 |
| Total liabilities | $0 |
| Net assets or fund balances | $305,863 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mpc Endowment Ltd has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
Community Foundation For The Land Of Lincoln Inc Springfield, IL | $62,800,465 | $16,636,147 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Chicago Cubs Charities Chicago, IL | $11,765,252 | $2,315,259 |
Delta Dental Of Illinois Foundation Naperville, IL | $25,024,389 | $3,455,775 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Detroit Childrens Fund Detroit, MI | $4,764,612 | $6,678,705 |
Chicago Scholarship Fund Inc Chicago, IL | $0 | $5,200,805 |
Mercy Health Corporation Rockford, IL | $1,246,524,503 | $10,286,365 |