Mh Foundation
- Assets
- $1.5m
- Revenue
- -$91.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Hewlett, NY
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-1258688
Organization Overview
Mh Foundation is located in Hewlett, NY. The organization was established in 2009. 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. MH Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, MH Foundation has awarded 45 individual grants totaling $966,471. 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 |
|---|---|---|---|
Marc Jacobowitz Trustee | 0 | $0 | |
Hadassah Jacobowitz Trustee | 0 | $0 | |
Jeffrey Jacobowitz Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $558 |
| Dividends & Interest | $24,260 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$116,363 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$91,545 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $470 |
| Contributions, gifts, grants paid | $175,023 |
| Total expenses and disbursements | $175,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $468,754 |
| 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 | $1,549,131 |
| 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, Mh Foundation has awarded $175,023 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
DARCHEI TORAH PURPOSE: CHARITABLE | $10,000 |
VARIOUS MISC CHARITIES PURPOSE: CHARITABLE | $54,678 |
CAMP KAYLIE PURPOSE: CHARITABLE | $5,145 |
MESIVTA ATERES YAAKOV PURPOSE: CHARITABLE | $17,600 |
HALB PURPOSE: CHARITABLE | $15,000 |
NCSY PURPOSE: CHARITABLE | $13,600 |