Mullick Foundation
- Assets
- $1.9m
- Revenue
- $2.5m
- Investments
- $1.9m
- Employees
- 0
- Location
- Saline, MI
- Founding
- 12/2011
- Data as of
- 12/2022
- 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 12/2022, Mullick Foundation generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mullick Foundation has awarded 190 individual grants totaling $7,949,111. 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
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 | |
Vasvi Mullick Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,204,061 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,266 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $259,154 |
| Capital Gain Net Income | $259,154 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,490,481 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $39,834 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,304 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,459 |
| Total operating and administrative expenses | $85,597 |
| Contributions, gifts, grants paid | $2,058,646 |
| Total expenses and disbursements | $2,144,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,426 |
| 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 | $1,873,474 |
| 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 $2,058,646 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: RESEARCH AND PATIENT SUPPORT | $500 |
BICHITRA INC PURPOSE: ASSIST NEEDY CITIZENS OF THE COMMUNITY. | $2,750 |
ANN & ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGO PURPOSE: SUPPORT FOR FETAL HEALTH RESEARCH | $1,000 |
BIG BROTHER BIG SISTER WASHTENAW COUNTY PURPOSE: ASSIST NEEDY CITIZENS OF THE COMMUNITY. | $10,000 |
BOYS AND GIRLS CLUB OF SE MICHIGAN PURPOSE: ASSISTING NEEDY CITIZENS IN THE COMMUNITY | $25,000 |
BRITTON DEERFIELD HIGH SCHOOLS PURPOSE: PUBLIC EDUCATION AND INFORMATION | $1,976 |