Mica Medical Foundation
- Assets
- $944.4k
- Revenue
- $452.0k
- Investments
- $783.6k
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 10/2014
- Data as of
- 06/2024
- EIN
- 47-1437396
Organization Overview
Mica Medical Foundation is located in Phoenix, AZ. 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. Mica Medical 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 06/2024, Mica Medical Foundation generated $452.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $430.1k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mica Medical Foundation has awarded 66 individual grants totaling $2,494,880. 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 |
|---|---|---|---|
Name Not Listed Board Chair, Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Board President | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Board Secretary | 1 | $0 | |
Name Not Listed Board Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $415,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,027 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $452,027 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $392 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,181 |
| Total operating and administrative expenses | $3,041 |
| Contributions, gifts, grants paid | $427,075 |
| Total expenses and disbursements | $430,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,928 |
| Savings and temporary cash investments | $119,829 |
| 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 | $944,371 |
| Accounts payable and accrued expenses | $2,191 |
| Grants payable | $545,654 |
| 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 | $547,845 |
Grants Awarded
Over the last fiscal year, Mica Medical Foundation has awarded $412,676 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA MEDICAL ASSOCIATION FOUNDATION PURPOSE: LEADERSHIP CONFERENCE SPONSOR | $15,000 |
UNIVERSITY OF ARIZONA FOUNDATION PURPOSE: ACADEMIC EXCELLENCE DAY SPONSOR | $13,275 |
A T STILL UNIVERSITY PURPOSE: SCHOLASTIC ACHIEVEMENT AWARDS | $7,500 |
UNIVERSITY OF ARIZONA COLLEGE OF MEDICINE- PHX PURPOSE: SCHOLASTIC ACHIEVEMENT AWARDS | $15,000 |
UNIVERSITY OF ARIZONA COLLEGE OF MEDICINE - TUCSON PURPOSE: SCHOLASTIC ACHIEVEMENT AWARDS | $7,500 |
ST JOSEPHS HOSPITAL FOUNDATION PURPOSE: RESIDENT GRANT | $339,401 |