Mullick Foundation
- Assets
- $2.4m
- Revenue
- $1.5m
- Investments
- $2.2m
- Employees
- 0
- Location
- Saline, MI
- Founding
- 12/2011
- Data as of
- 12/2021
- EIN
- 45-2044199
Organization Overview
Mullick Foundation is located in Saline, MI. The organization was established in 2011. 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. Mullick 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 12/2021, Mullick Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mullick Foundation has awarded 161 individual grants totaling $5,890,465. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL ASSISTANCE TO WORTHY AND NEEDY STUDENTS.
TO PROVIDE MEDICAL TREATMENT ASSISTANCE TO NEEDY INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mona Mullick Director | 2 | $0 | |
Joey P Mullick Director | 2 | $0 | |
Rick Mullick Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $800,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,425 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $629,635 |
| Capital Gain Net Income | $629,635 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,457,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $20,927 |
| Pension plans, employee benefits | $1,188 |
| Interest | $0 |
| Taxes | $6,447 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,901 |
| Total operating and administrative expenses | $78,563 |
| Contributions, gifts, grants paid | $1,388,118 |
| Total expenses and disbursements | $1,466,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,313 |
| Savings and temporary cash investments | $0 |
| 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 | $2,352,516 |
| 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, Mullick Foundation has awarded $1,388,118 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
GIVE MERIT INC PURPOSE: ASSIST NEEDY CITIZENS OF THE COMMUNITY | $500,072 |
Detroit, MI PURPOSE: PUBLIC EDUCATION AND INFORMATION | $500,000 |
Ann Arbor, MI PURPOSE: ASSISTING NEEDY CITIZENS IN THE COMMUNITY | $250,000 |
BOYS AND GIRLS CLUB OF SE MICHIGAN PURPOSE: ASSISTING NEEDY CITIZENS IN THE COMMUNITY | $25,000 |
Ann Arbor, MI PURPOSE: ASSIST NEEDY CITIZENS OF THE COMMUNITY | $20,000 |
Saline, MI PURPOSE: ASSIST NEEDY CITIZENS OF THE COMMUNITY | $15,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |
Lewis W Hyer Trust 098310c Milwaukee, WI | $167,937,358 | $18,090,828 |
Franciscan Health Foundation Inc Mishawaka, IN | $46,155,507 | $9,741,999 |
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |