Mylan Charitable Foundation
- Assets
- $37.8m
- Revenue
- -$332.1k
- Investments
- $36.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2002
- Data as of
- 12/2022
- EIN
- 43-1954390
Organization Overview
Mylan Charitable Foundation is located in Wilmington, DE. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mylan Charitable 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 2014, Mylan Charitable Foundation has awarded 125 individual grants totaling $10,337,310. 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 |
|---|---|---|---|
Robert J Coury Dir, Pres | 1 | $0 | |
Christina L Matlick Sec | 40 | $87,000 | |
Rodney L Piatt Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Coury Firm Asset Management Llc | 12/30/22 | $199,332 |
Foundation Source | 12/30/22 | $81,182 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,970 |
| Dividends & Interest | $766,401 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,108,538 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71 |
| Total Revenue | -$332,096 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $87,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $7,181 |
| Interest | $31,291 |
| Taxes | $5,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $116,082 |
| Total operating and administrative expenses | $451,511 |
| Contributions, gifts, grants paid | $1,865,000 |
| Total expenses and disbursements | $2,316,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,366,114 |
| 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 | $6,195,409 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,821,755 |
| 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, Mylan Charitable Foundation has awarded $1,865,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN AUTOIMMUNE RELATED DISEASES ASSOCIATION PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
A CALL TO CARE INC PURPOSE: MISSION OF MERCY PITTSBURGH | $100,000 |
ASTHMA & ALLERGY FOUNDATION OF AMERICA NATIONAL PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
BOOMER ESIASON FOUNDATION PURPOSE: MISSION/CF FUTURES | $50,000 |
BROTHERS BROTHER FOUNDATION PURPOSE: UKRAINE RELIEF EFFORTS | $100,000 |
CEDARS-SINAI MEDICAL CENTER PURPOSE: EMERGENCY DEPARTMENT AND BOARD OF COUNSELORS | $300,000 |