Mani Family Foundation is located in Houston, TX. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mani Family 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, Mani Family Foundation generated $577.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $280.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mani Family Foundation has awarded 52 individual grants totaling $423,500. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE SPIRITUAL DEVELOPMENT
ASSIST THE UNDERPRIVELEGED
PROMOTE EDUCATION
PROMOTE THE ARTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $342,627 |
Interest on Savings | $1 |
Dividends & Interest | $21,379 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $213,374 |
Capital Gain Net Income | $213,374 |
Net ST Capital Gain | $11,015 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $577,381 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $50,000 |
Other employee salaries and wages | $50,000 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $630 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $17,729 |
Total operating and administrative expenses | $118,359 |
Contributions, gifts, grants paid | $162,000 |
Total expenses and disbursements | $280,359 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $26,714 |
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 | $837,552 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $864,266 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $100,000 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $100,000 |
Over the last fiscal year, Mani Family Foundation has awarded $162,000 in support to 15 organizations.
Grant Recipient | Amount |
---|---|
Santa Barbara, CA PURPOSE: FUND THEIR CHARITABLE ACTIVITIES | $100,000 |
Houston, TX PURPOSE: FUND EDUCATIONAL DEVELOPMENT | $15,000 |
Houston, TX PURPOSE: ASSIST THE PUBLIC | $10,000 |
Pearland, TX PURPOSE: PROMOTE SPITITUAL DEVELOPMENT | $10,000 |
Rockville, MD PURPOSE: PROMOT SPERITUAL DEVELOPMENT | $5,000 |
HOUSTON SPCA PURPOSE: PREVENT ANIMAL CURELTY | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Petco Foundation San Antonio, TX | $33,418,658 | $39,582,418 |
Nau Foundation Houston, TX | $22,224,867 | $2,525,236 |
Excellerate Foundation Charitable Support Rogers, AR | $173,087,242 | $16,463,917 |
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |