Mightycause Charitable Foundation

Organization Overview

Mightycause Charitable Foundation is located in Marianna, FL. The organization was established in 2010. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Mightycause Charitable Foundation 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, Mightycause Charitable Foundation generated $86.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $86.6m during the year ending 12/2023. While expenses have increased by 10.5% per year over the past 8 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 2016, Mightycause Charitable Foundation has awarded 16,086 individual grants totaling $350,521,204. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

FOSTERS THE DEMOCRATIZATION OF PHILANTHROPY PROMOTING HIGH VOLUME FUNDRAISING & GRANT MAKING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONOR ADVISED FUND AND CHARITABLE GRANT MAKING: MIGHTYCAUSE CHARITABLE FOUNDATION CONDUCTS CHARITABLE GRANT-MAKING THROUGH THE OPERATION OF A DONOR ADVISED FUND BY ACCEPTING CHARITABLE CONTRIBUTIONS FROM DONORS AND RECEIVING DONOR RECOMMENDATIONS. THE FOUNDATION MAINTAINS SUCH CONTRIBUTIONS IN SEPARATELY IDENTIFIED FUND AND MAKES DISTRIBUTIONS TO ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION ACCOMPLISHED THE FOLLOWING MILESTONES IN 2023: -ENGAGED AND EMPOWERED NEARLY 47,000 INDIVIDUAL VOLUNTEERS TO SERVE AS FUNDRAISERS. -RECEIVED OVER 86.1 MILLION IN DONOR ADVISED CONTRIBUTIONS FROM HUNDREDS OF THOUSANDS OF DONORS RESULTING IN GRANTS TO OVER 16,400 CHARITIES AND SCHOOLS. -DISTRIBUTED 95% OF DONOR ADVISED CONTRIBUTIONS RECEIVED IN 2023, WHEN TAKING INTO ACCOUNT THE TIMING DIFFERENCE CREATED BY THE MONTHLY GRANTING SCHEDULE. THE FOUNDATION RECORDS THE GRANT EXPENSES FOR DECEMBER ADVISED CONTRIBUTIONS IN THE FOLLOWING CALENDAR YEAR. IN JANUARY 2024, THE FOUNDATION DISBURSED THE REMAINDER OF THE FUNDS RECEIVED AND ADVISED IN 2023.


PHILANTHROPIC EDUCATIONAL INITIATIVES: - THE FOUNDATION'S BOARD OF DIRECTORS MANAGES PHILANTHROPIC EDUCATIONAL INITIATIVES VIA A FUND IT CREATED IN 2012. THE FOUNDATION SPEARHEADED EDUCATIONAL TRAINING WITH NONPROFITS PARTICIPATING IN THE GIVING EVENT, ENCOURAGING INNOVATIVE METHODS IN ONLINE GIVING AND CAPACITY BUILDING - THE FOUNDATION OPERATED THE WEB BLOG INSPIRING GENEROSITY THROUGH THE GENEROUS GIFT OF MIGHTYCAUSE CORPORATION. THIS CONTENT IS DESIGNED TO ENGAGE AND ENCOURAGE INNOVATIVE AND EFFECTIVE METHODS IN FOSTERING THE DEMOCRATIZATION OF PHILANTHROPY THROUGH STATE OF THE ART TECHNOLOGY AND E- SOLUTIONS. EXPENSES ALLOCATED TO PHILANTHROPIC EDUCATIONAL ACTIVITIES INCLUDE NONPROFIT TRAINING AND EDUCATIONAL PROGRAM SERVICE EXPENSES AS WELL AS AN ESTIMATED PORTION OF LEGAL PROGRAM SERVICE EXPENSES FOR DAF AND OTHER EDUCATIONAL RESEARCH.


GIVING DAYS: MIGHTYCAUSE CHARITABLE FOUNDATION PARTNERED WITH OVER 80 FOUNDATIONS AND CHARITABLE ORGANIZATIONS SUCH AS THE GIVEMN, PARK CITY COMMUNITY FOUNDATION, AND THE GEORGIA CENTER FOR NONPROFITS TO ORGANIZE GIVING EVENTS FOR THEIR COMMUNITIES. DURING THESE EVENTS, DONORS MAKE ADVISED CONTRIBUTIONS TO THE FOUNDATION'S DONOR ADVISED FUND IN SUPPORT OF QUALIFIED NONPROFIT ORGANIZATIONS HIGHLIGHTED BY THE RESPECTIVE COMMUNITY FOUNDATIONS. LEADER BOARDS TRACK THE ORGANIZATIONS RECEIVING THE MOST DONOR-ADVISED GRANTS BY AMOUNT AND BY NUMBER OF DONORS, CREATING AN EXCITING AND COMPETITIVE ENVIRONMENT FOR STIMULATING CHARITABLE GIVING. DURING 2023, THE PARTNERING FOUNDATIONS AND COMMUNITY GROUPS PROVIDED OVER 89 MILLION IN MATCHING GRANTS TO NONPROFITS RECEIVING DONOR-ADVISED GRANTS DURING THE EVENTS. THESE MATCHING GRANTS WERE ALSO A KEY INCENTIVE FOR BOTH NONPROFITS AND DONORS TO BECOME INVOLVED IN THEIR COMMUNITY-GIVING EVENT. ADDITIONALLY, THE GIVING EVENTS PROVIDED EDUCATIONAL OPPORTUNITIES FOR PARTICIPATING NONPROFITS TO LEARN ABOUT ONLINE FUNDRAISING, ABOUT SOCIAL MEDIA OUTREACH, AND HOW TO GREATLY EXPAND THEIR NETWORK OF DONORS AND VOLUNTEERS. THE INITIATIVES UNDERTAKEN BY THE FOUNDATION BEGINNING IN 2011 CONTINUE TO EXPAND AND HAVE PROVEN INSTRUMENTAL IN PROVIDING EDUCATIONAL RESOURCES FOR THE PARTNERING FOUNDATIONS AND NONPROFITS, ENABLING EACH PARTNERING NONPROFIT TO SUCCESSFULLY EXECUTE THEIR GIVING EVENT WITHIN THE COMMUNITY IT SERVES.


GIVING CARD PROGRAM: MIGHTYCAUSE CHARITABLE FOUNDATION PROVIDES A GIVING CARD PROGRAM TO ALLOW INDIVIDUALS AND CORPORATIONS TO MAKE DONOR ADVISED CONTRIBUTIONS TO THE FOUNDATION AND PASS ADVISORY PRIVILEGES ON TO THE HOLDER OF THE GIVING CARD. THE FUNCTIONALITY OF A GIVING CARD ALLOWS BOTH SMALL AND LARGE DONORS ALIKE TO EFFICIENTLY PROMOTE THE ACT OF GENEROUS GIVING BY EQUIPPING A BROAD NETWORK OF POTENTIAL DONORS WITH THE ABILITY TO USE THE CARD AS A RECOMMENDATION FOR THE NONPROFIT CHARITY OF THEIR CHOICE, THUS EXPONENTIALLY INCREASING THE IMPACT OF E-PHILANTHROPY.


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Board, Officers & Key Employees

Name (title)Compensation
Bryce Melvin
Treasurer
$26,381
Pamella Butler
Director
$0
Thomas Matthews
President
$0
Jack Quarles
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$86,269,830
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$86,269,830
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $86,269,830

Grants Awarded

Over the last fiscal year, Mightycause Charitable Foundation has awarded $76,225,425 in support to 3,137 organizations.

Grant RecipientAmount

(CROSS) CHRISTIANSREACHING OUT IN SOCIAL SERVICE

PURPOSE: UNRESTRICTED

$109,408

13THIRTY CANCER CONNECT INC

PURPOSE: UNRESTRICTED

$46,047

180 DEGREES INC

PURPOSE: UNRESTRICTED

$8,097

100PLUSANIMALRESCUE INC

PURPOSE: UNRESTRICTED

$5,892

2NOT1 FATHERHOOD & FAMILIES

PURPOSE: UNRESTRICTED

$6,441

1N10 INC

PURPOSE: UNRESTRICTED

$8,243
View Grant Profile

Peer Organizations

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$86,269,830
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