Mjh Foundation
- Assets
- $5.9m
- Revenue
- -$71.1k
- Investments
- $5.4m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 34-1853843
Organization Overview
Mjh Foundation is located in Cleveland, OH. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Mjh 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 2016, Mjh Foundation has awarded 199 individual grants totaling $15,578,147. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Horvitz Chairman & Manager | 2 | $0 | |
Shannon D Perrotta Vice President & Treasurer | 1 | $0 | |
Karen A Bozzelli President & Secretary | 1 | $0 | |
Alvin B Hemmingsen Vice President - Investment | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $83,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$154,312 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$71,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,340 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $53,861 |
| Contributions, gifts, grants paid | $1,617,000 |
| Total expenses and disbursements | $1,670,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $483,270 |
| 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 | $2,400,893 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,902,527 |
| 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, Mjh Foundation has awarded $2,317,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COUNCIL FOR CAPITAL FORMATION PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS. | $5,000 |
AMERICAN FRIENDS OF THE ISRAEL MUSEUM PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS. | $5,000 |
BARD HIGH SCHOOL EARLY COLLEGE - ENDOWMENT FUND PURPOSE: TO SUPPORT THE SCHOOL AND ITS PROGRAMS. | $20,000 |
CASE WESTERN RESERVE - BARBARA R SNYDER SCHOLARSHIP FUND PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS. | $20,000 |
CASE WESTERN RESERVE - MODERN HEBREW ENDOWMENT FUND PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS. | $5,000 |
CENTRAL PARK CONSERVANCY PRESIDENT'S CIRCLE PURPOSE: TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS. | $10,000 |