Mas Family Charitable Foundation
- Assets
- $1.4m
- Revenue
- $227.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Rolling Hills Estates, CA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4170531
Organization Overview
Mas Family Charitable Foundation is located in Rolling Hills Estates, CA. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mas Family 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.
For the year ending 12/2021, Mas Family Charitable Foundation generated $227.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $137.1k during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mas Family Charitable Foundation has awarded 156 individual grants totaling $525,500. 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
THE FOUNDATION WAS CREATED FOR PHILANTHROPIC PURPOSES. THE FOUNDATION WILL MAKE QUALIFYING DISTRIBUTIONS TO ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, OR FOR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jolene Merritt Director | 12 | $0 | |
Shari Davison Director | 12 | $0 | |
Madeline Debartolo Director And President | 12 | $0 | |
Darlene Chamberlain Director And Secretary/treasurer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,119 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $196,567 |
| Capital Gain Net Income | $196,567 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $227,686 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,216 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $32,125 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $137,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,435 |
| 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 | $1,416,706 |
| 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, Mas Family Charitable Foundation has awarded $105,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION - SOUTHLAND CHAPTER PURPOSE: SCIENTIFIC | $29,105 |
YOUTH VILLAGES PURPOSE: CHILDREN AND FAMILIES | $12,600 |
THE PONGO FUND PURPOSE: PET FOOD BANK | $7,000 |
MACULAR DEGENERATION RESEARCH PURPOSE: SCIENTIFIC | $6,000 |
Jacksonville, FL PURPOSE: EDUCATIONAL | $6,000 |
STUFFED ANIMALS FOR EMERGENCIES INC PURPOSE: CHILDREN AND FAMILIES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Foundation San Francisco, CA | $136,274,072 | $130,699,963 |
The Chicago School - California Inc Los Angeles, CA | $127,785,110 | $98,235,232 |
Social Good Fund Richmond, CA | $64,387,201 | $85,650,973 |
Avid Center San Diego, CA | $134,506,037 | $61,146,519 |
Khan Academy Inc Mountain View, CA | $115,035,528 | $59,263,743 |
California School Employees Association San Jose, CA | $160,720,307 | $80,296,309 |
Prager University Foundation Sherman Oaks, CA | $86,724,321 | $65,499,557 |
The Oakland Public Education Fund Oakland, CA | $29,835,630 | $28,210,005 |
Unicare Community Health Center Inc Ontario, CA | $12,734,998 | $31,780,162 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
University Studies Abroad Consortium Reno, NV | $41,233,258 | $28,044,577 |
Califa Group San Francisco, CA | $13,975,341 | $20,958,873 |