Leonard J Mikulay Foundation
- Assets
- $7.3m
- Revenue
- $172.4k
- Investments
- $6.9m
- Employees
- 0
- Location
- Burnsville, MN
- Founding
- 09/2013
- Data as of
- 12/2022
- EIN
- 46-3026002
Organization Overview
Leonard J Mikulay Foundation is located in Burnsville, MN. The organization was established in 2013. 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. Leonard J Mikulay 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, Leonard J Mikulay Foundation generated $172.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Leonard J Mikulay Foundation has awarded 17 individual grants totaling $2,221,125. 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
CONTRIBUTED TO THE PURCHASE OF HOUSING FOR US VETERANS THROUGH MACV, A MINNESOTA ORG THAT SUPPORTS HOMELESS VETERANS
CONTRIBUTED TO MATCHING FUNDS FOR MACV (SEE ABOVE FOR ORG INFO) TO LOCAL MEDIA STATION FOR HOLIDAY FUNDRAISER
CONTRIBUTED TO OUR SAVIORS COMMUNITY SERVICES FOR THE MEDICAL RESPITE MODEL PROGRAM
CONTRIBUTED TO CARING AND SHARING HANDS TO PROVIDED AID AND ASSISTANCE TO THE POOR AND HOMELESS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $172,374 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $866,870 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $172,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,996 |
| Other employee salaries and wages | $12,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,134 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,322 |
| Total operating and administrative expenses | $106,624 |
| Contributions, gifts, grants paid | $1,265,000 |
| Total expenses and disbursements | $1,371,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $338,936 |
| 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 | $7,287,711 |
| 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, Leonard J Mikulay Foundation has awarded $1,265,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MINNESOTA ASSISTANCE COUNCIL FOR VE PURPOSE: ASSISTED IN ACQUISITION OF HOUSING AT 594 STRYKER AVE ST PAUL | $1,000,000 |
MINNESOTA ASSISTANCE COUNCIL FOR VE PURPOSE: HOLE SPONSOR FOR SERVICEWOMEN GOLF TOURNAMENT | $1,500 |
MINNESOTA ASSISTANCE COUNCIL FOR VE PURPOSE: MATCHING FUNDS FOR HOLIDAYS FUNDRAISER | $100,000 |
SHARING AND CARING HANDS PURPOSE: CONTRIBUTION TO AID POOR AND HOMELESS | $50,000 |
OUR SAVIORS COMMUNITY SERVICES PURPOSE: ASSIST IN ACQUISITION OF MEDICAL RESPITE MODEL PROGRAM | $80,000 |
ADULT AND TEEN CHALLENGE PURPOSE: CONTRIBUTION TO 2023 VETERAN PROJECT | $6,000 |