The Mifsud Family Foundation
- Assets
- $1.6m
- Revenue
- $57.5k
- Investments
- $1.5m
- Employees
- 0
- Location
- Wadsworth, OH
- Founding
- 10/1999
- Data as of
- 12/2023
- EIN
- 34-1881436
Organization Overview
The Mifsud Family Foundation is located in Wadsworth, OH. The organization was established in 1999. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Mifsud 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 12/2023, Mifsud Family Foundation generated $57.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $125.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mifsud Family Foundation has awarded 219 individual grants totaling $1,193,050. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oscar Mifsud President/treasurer | 4 | $0 | |
Judith Mifsud Vp/secretary | 4 | $0 | |
Ryan Mifsud Trustee | 2 | $0 | |
Elizabeth Mifsud Trustee | 2 | $0 | |
Shelly Kohrs Trustee | 2 | $0 | |
Craig Kohrs Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,377 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,737 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,577 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,537 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,444 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $394 |
| Total operating and administrative expenses | $5,838 |
| Contributions, gifts, grants paid | $119,700 |
| Total expenses and disbursements | $125,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $109,418 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,580,641 |
| 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, The Mifsud Family Foundation has awarded $119,700 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND CLINIC FOUNDATION PURPOSE: TURNING PAGES PROGRAM AND OTHER SUPPORT | $31,700 |
GIRLS AND BOYS TOWN PURPOSE: OPERATING FUNDS | $2,000 |
HOLY FAMILY CHURCH (HONDURAS MEDICAL MISSION) PURPOSE: MISSION PROJECT | $500 |
HUNTSMAN CANCER INSTITUTE PURPOSE: OPERATING FUNDS | $500 |
OHIO NORTHERN UNIV FOUNDERS DAY PURPOSE: FOUNDERS DAY | $5,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: OPERATING FUNDS | $500 |