Mac Valves Foundation

Organization Overview

Mac Valves Foundation is located in Wixom, MI. The organization was established in 1984. 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. Mac Valves 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 11/2022, Mac Valves Foundation generated $11.0k 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 (36.1%) each year. All expenses for the organization totaled $19.3k during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (31.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mac Valves Foundation has awarded 66 individual grants totaling $923,624. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,362
Dividends & Interest $9,596
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $10,958

Grants Awarded

Over the last fiscal year, Mac Valves Foundation has awarded $15,500 in support to 2 organizations.

Grant RecipientAmount

SEAHOLM HIGH SCHOOL

PURPOSE: UNRESTRICTED

$15,000

LAWRENCE TECH UNIVERSITY

PURPOSE: UNRESTRICTED

$500
View Grant Profile

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