Mason Foundation Inc
- Assets
- $3.5m
- Revenue
- $339.5k
- Investments
- $3.3m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1981
- Data as of
- 12/2021
- EIN
- 36-3101263
Organization Overview
Mason Foundation Inc is located in Chicago, IL. The organization was established in 1981. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mason Foundation Inc 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, Mason Foundation Inc generated $339.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $342.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mason Foundation Inc has awarded 166 individual grants totaling $1,980,750. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy G Carroll Secretary & Treasurer | 2 | $5,355 | |
Robert Douglass Vice President And Directo | 1 | $0 | |
Marian Pawlick President And Director | 1 | $0 | |
Timothy P Douglass Director | 1 | $0 | |
K Scott Douglass Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $138,761 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $200,691 |
| Capital Gain Net Income | $361,323 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $339,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,355 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,092 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $32,392 |
| Contributions, gifts, grants paid | $310,000 |
| Total expenses and disbursements | $342,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,539 |
| Savings and temporary cash investments | $99,061 |
| 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 | $17,186 |
| Total assets | $3,522,600 |
| 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, Mason Foundation Inc has awarded $310,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ART INSTITUTE OF CHICAGO AND SCHOOL OF THE ART INSTITUTE OF CHICAGO PURPOSE: ANNUAL FUND; SCHOOL ANNUAL FUND; OLD MASTERS | $40,000 |
Alexandria, VA PURPOSE: GENERAL CHARITABLE PURPOSES | $30,000 |
Lake Forest, IL PURPOSE: CAPITAL CAMPAIGN | $25,000 |
HOOVER INSTITUTION AT STANFORD UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSES | $25,000 |
Poughkeepsie, NY PURPOSE: THE VASSAR FUND; LOEB ART CENTER | $20,000 |
FIRST CHURCH OF CHRIST SCIENTIST - LIBERTYVILLE PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Masonic Temple Association Of Lexington Lexington, KY | $2,312,779 | $4,567,232 |
Servco-Aer Employees Health And Welfare Benefit Tr Madison, WI | $3,372,592 | $2,384,758 |
Free & Accepted Masons Of Indiana Grand Lodge Indianapolis, IN | $7,665,885 | $1,746,893 |
Cement Masons Union Local 502 Bellwood, IL | $5,592,498 | $2,020,391 |
Ancient Free & Accepted Masons Of Illinois Springfield, IL | $22,709,739 | $1,560,369 |
Grand Lodge Of Kentucky Free And Accepted Masons Louisville, KY | $14,214,526 | $2,084,454 |
Ancient Free & Accepted Masons Of Iowa Cedar Rapids, IA | $9,089,840 | $1,661,823 |
Shriners International St Louis, MO | $4,009,545 | $872,837 |
Kosair Shriners Louisville, KY | $8,893,467 | $972,982 |
Murat Shriners Indianapolis, IN | $9,915,581 | $1,836,990 |
Medinah Shriners Addison, IL | $10,723,962 | $857,016 |
Fraternal Order Of Eagles Alexandria, IN | $2,463,541 | $782,282 |