Maas Family Foundation
- Assets
- $1.2m
- Revenue
- $428.8k
- Investments
- $846.7k
- Employees
- 0
- Location
- Harrison, OH
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-4225629
Organization Overview
Maas Family Foundation is located in Harrison, OH. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Maas Family 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, Maas Family Foundation generated $428.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $154.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (30.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Maas Family Foundation has awarded 204 individual grants totaling $5,138,125. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony A Maas Exec. Director/chairperson | 8 | $0 | |
Jerome T Maas Secretary/treasurer | 1 | $0 | |
John T Maas Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,027 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,791 |
| Capital Gain Net Income | $12,791 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $428,818 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $318 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,071 |
| Total operating and administrative expenses | $9,379 |
| Contributions, gifts, grants paid | $145,323 |
| Total expenses and disbursements | $154,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,858 |
| 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 | $11,252 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,188,557 |
| 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, Maas Family Foundation has awarded $145,323 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OUR LADY OF VISITATION PURPOSE: GENERAL SUPPORT | $11,000 |
ST HENRY DISTRICT SCHOOL PURPOSE: GENERAL SUPPORT | $9,323 |
CENTER FOR CHRISTIAN VIRTUE PURPOSE: GENERAL SUPPORT | $125,000 |