Miter Charitable Foundation
- Assets
- $8.3m
- Revenue
- $5.8m
- Investments
- $3.4m
- Employees
- 0
- Location
- Harrisburg, PA
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-2381136
Organization Overview
Miter Charitable Foundation is located in Harrisburg, PA. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Miter 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 12/2022, Miter Charitable Foundation generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 25.9% 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 2016, Miter Charitable Foundation has awarded 1,191 individual grants totaling $5,276,310. 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
DONATIONS THROUGH OUTREACH COMMITTEES TO BENEFIT THEIR COMMUNITIES
DONATIONS TO HELP CONQUER CHILDHOOD CANCER
SCHOLARSHIP AND SPONSORSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Desoto Chairman | 1 | $0 | |
Kelly Neiderer Treasurer | 1 | $0 | |
David Truskey Secretary | 1 | $0 | |
Mike Desoto Director | 1 | $0 | |
Paul Gary Director | 1 | $0 | |
Steve Rehman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,064,176 |
| Interest on Savings | $0 |
| Dividends & Interest | $97,213 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,473 |
| Capital Gain Net Income | $35,473 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,576,029 |
| Total Revenue | $5,772,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $912,807 |
| Total operating and administrative expenses | $956,830 |
| Contributions, gifts, grants paid | $1,537,924 |
| Total expenses and disbursements | $2,494,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,909,566 |
| 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 | $8,266,802 |
| 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, Miter Charitable Foundation has awarded $1,537,924 in support to 187 organizations.
| Grant Recipient | Amount |
|---|---|
717 STREET & STRIP CAR SHOW PURPOSE: SPONSORING TROPHIES | $1,296 |
ALEC SCHOEPF PURPOSE: SCHOLARSHIP | $1,000 |
ALL FROM THE HEART PURPOSE: SUPPORT OUR TROOPS EVENT | $500 |
ALEX'S LEMONADE STAND FOUNDATION PURPOSE: SUPPORT FOR CHILDHOOD CANCER | $7,500 |
ALZHEIMER'S ASSOCIATION PURPOSE: SPONSORSHIP | $2,500 |
AMERICAN CANCER SOCIETY PURPOSE: RELAY FOR LIFE OF THE QUAD CITIES, AZ (66ZXNB) | $2,500 |