Molony Foundation

Organization Overview

Molony Foundation is located in Bernard, IA. The organization was established in 2016. 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. Molony 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, Molony Foundation generated $211.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $304.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Molony Foundation has awarded 46 individual grants totaling $225,185. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $71,857
Net Rental Income$19,442
Net Gain on Sale of Assets $57,906
Capital Gain Net Income $57,906
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $61,814
Total Revenue $211,019

Grants Awarded

Over the last fiscal year, Molony Foundation has awarded $44,000 in support to 9 organizations.

Grant RecipientAmount

Dubuque, IA

PURPOSE: CHARITABLE

$23,000

DUBUQUE DREAM CENTER

PURPOSE: CHARITABLE

$10,000

ELIZABETH ANN WESSEL

PURPOSE: COLLEGE SCHOLARSHIP FOR ATTENDING UNIVERSITY OF IOWA

$2,500

VANESSA ROSE GAUL

PURPOSE: COLLEGE SCHOLARSHIP FOR ATTENDING MOUNT MERCY UNIVERSITY

$2,500

OUR LADY OF THE MISSISSIPPI ABBEY

PURPOSE: CHARITABLE

$1,500

NEW MELLERAY ABBEY MONASTERY

PURPOSE: CHARITABLE

$1,500
View Grant Profile

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