Mason Ave Family Foundation
- Assets
- $18.1m
- Revenue
- $827.9k
- Investments
- $17.5m
- Employees
- 0
- Location
- Webster Groves, MO
- Founding
- 01/2017
- Data as of
- 12/2022
- EIN
- 37-6634026
Organization Overview
Mason Ave Family Foundation is located in Webster Groves, MO. The organization was established in 2017. 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. Mason Ave 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 12/2022, Mason Ave Family Foundation generated $827.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.7%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mason Ave Family Foundation has awarded 130 individual grants totaling $4,346,900. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard S Dino Jr Trustee | 2.5 | $0 | |
Carrie N Dino Trustee | 2.5 | $0 | |
David Byrne Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $448,432 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $376,938 |
| Capital Gain Net Income | $376,938 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $827,870 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,564 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $128,341 |
| Contributions, gifts, grants paid | $1,042,000 |
| Total expenses and disbursements | $1,170,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $612,181 |
| 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 | $195,999 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,250 |
| Total assets | $18,086,197 |
| 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 Ave Family Foundation has awarded $1,042,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CHURCHILL CENTER AND SCHOOL PURPOSE: FUND OF NEED | $100,000 |
HOLY REDEEMER CATHOLIC CHURCH PURPOSE: ENDOWMENT UNRESTRICTED ANONYMOUS | $110,000 |
SOCIETY OF SAINT VINCENT DE PAUL PURPOSE: FUND OF NEED | $100,000 |
KENRICK-GLENNON SEMINARY PURPOSE: FUND OF NEED | $10,000 |
OUR LADY OF GUADELOUPE PURPOSE: FUND OF NEED | $10,000 |
VISITATION ACADEMY PURPOSE: FUND OF NEED | $30,000 |