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 12/2021, Mightycause Charitable Foundation generated $68.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $69.3m during the year ending 12/2021. While expenses have increased by 7.4% per year over the past 7 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 10,199 individual grants totaling $213,993,494. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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 FUNDS AND MAKES DISTRIBUTIONS TO ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION ACCOMPLISHED THE FOLLOWING MILESTONES IN 2021: -ENGAGED AND EMPOWERED NEARLY 38,000 INDIVIDUAL VOLUNTEERS TO SERVE AS FUNDRAISERS. -RECEIVED OVER 78.3 MILLION IN DONOR ADVISED CONTRIBUTIONS FROM HUNDREDS OF THOUSANDS OF DONORS RESULTING IN GRANTS TO OVER 14,200 CHARITIES AND SCHOOLS. -DISTRIBUTED 95.04% OF DONOR ADVISED CONTRIBUTIONS RECEIVED IN 2021, 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 2022, THE FOUNDATION DISBURSED THE REMAINDER OF THE FUNDS RECEIVED AND ADVISED IN 2021.
GIVING DAYS: MIGHTYCAUSE CHARITABLE FOUNDATION PARTNERED WITH OVER 60 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 2021, THE PARTNERING FOUNDATIONS AND COMMUNITY GROUPS PROVIDED OVER 30 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.
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bryce Melvin Treasurer | Officer | 5 | $23,628 |
Jack Quarles Secretary | OfficerTrustee | 1 | $0 |
Thomas Matthews President | OfficerTrustee | 1 | $0 |
Pamella Butler Director | Trustee | 1 | $0 |
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 | $68,928,948 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $68,928,948 |
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 | $68,928,948 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $65,708,935 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,057 |
Fees for services: Accounting | $34,008 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $358,504 |
Advertising and promotion | $0 |
Office expenses | $13,565 |
Information technology | $1,817,747 |
Royalties | $0 |
Occupancy | $4,200 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,978 |
All other expenses | $0 |
Total functional expenses | $69,295,910 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,239,057 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $10,000 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,630 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,250,687 |
Accounts payable and accrued expenses | $342,567 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $342,567 |
Net assets without donor restrictions | $4,908,120 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,250,687 |
Over the last fiscal year, Mightycause Charitable Foundation has awarded $53,836,069 in support to 2,486 organizations.
Grant Recipient | Amount |
---|---|
Brooklyn Park, MN PURPOSE: UNRESTRICTED | $984,031 |
Park Ridge, IL PURPOSE: UNRESTRICTED | $649,753 |
Arlington, VA PURPOSE: UNRESTRICTED | $581,119 |
Saint Paul, MN PURPOSE: UNRESTRICTED | $530,688 |
Coon Rapids, MN PURPOSE: UNRESTRICTED | $464,268 |
Atlanta, GA PURPOSE: UNRESTRICTED | $463,054 |
Over the last fiscal year, we have identified 19 grants that Mightycause Charitable Foundation has recieved totaling $112,271.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $23,086 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: ROCK FOC COMMUNITY CHALLENGE MATCH | $22,652 |
Gilbert Family Foundation Detroit, MI PURPOSE: GENERAL | $22,652 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: ROCK FOC COMMUNITY CHALLENGE MATCH | $22,652 |
Simpson Family Foundation Minneapolis, MN PURPOSE: GENERAL SUPPORT | $11,881 |
Carter Family Foundation Wayzata, MN PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION. | $4,860 |
Beg. Balance | $36,150 |
Other Expense | $36,150 |
Organization Name | Assets | Revenue |
---|---|---|
Mightycause Charitable Foundation Marianna, FL | $5,250,687 | $68,928,948 |
Tim Tebow Foundation Inc Jacksonville, FL | $44,406,420 | $40,166,030 |
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Elaine Nicpon Marieb Charitable Foundation Naples, FL | $63,080,385 | $8,696,635 |
The Florida Concrete Masonry Education Council Inc Gainesville, FL | $2,957,826 | $3,367,750 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Jk And Db Gulley Mem Tuw J K Gulley Tr Orlando, FL | $0 | $486,471 |
Recovery Research Network Foundation Inc Atlantis, FL | $303,889 | $1,495,637 |
Geo Group Foundation Inc Boca Raton, FL | $194,115 | $1,477,065 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Alabama Symphony Endowment Birmingham, AL | $18,611,694 | $1,402,512 |