M A H Foundation
- Assets
- $634.3k
- Revenue
- -$14.9k
- Investments
- $520.3k
- Employees
- 0
- Location
- Westlake, TX
- Founding
- 12/2009
- Data as of
- 12/2022
- EIN
- 27-0887567
Organization Overview
M A H Foundation is located in Westlake, TX. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 A H 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, M A H Foundation has awarded 18 individual grants totaling $421,605. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPPORTUNITIES TO FINANCIALLY ASSIST THE UNDERPRIVILEGED, HANDICAPPED AND POOR ARE CONSIDERED AND REVIEWED ON AN ONGOING BASIS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael T Huseby Director, President & Treasurer | 0.5 | $0 | |
Heather J Huseby Director, VP And Secretary | 0.5 | $0 | |
Pete Benenati Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $461 |
| Dividends & Interest | $13,484 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,855 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$14,910 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $837 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,284 |
| Contributions, gifts, grants paid | $47,000 |
| Total expenses and disbursements | $56,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,975 |
| 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 | $520,345 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $634,320 |
| 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 A H Foundation has awarded $47,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DS MINISTRIES PURPOSE: FUNDING TO HELP MINISTER TO PEOPLE PHYSICALLY, EMOTIONALLY AND SPRITUALLY. | $12,000 |
TEXAS BAPTISTS THE MISSIONS FOUNDATION PURPOSE: FUNDING TO HELP MINISTER TO PEOPLE PHYSICALLY, EMOTIONALLY AND SPRITUALLY. | $15,000 |
JOYCE MEYER MINISTRIES PURPOSE: FUNDING TO HELP MINISTER TO PEOPLE PHYSICALLY, EMOTIONALLY AND SPRITUALLY. | $20,000 |