Mao Family Foundation

Organization Overview

Mao Family Foundation is located in Wilmington, DE. 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. Mao 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 12/2023, Mao Family Foundation generated $87.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $216.2k during the year ending 12/2023. While expenses have increased by 13.3% per year over the past 8 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, Mao Family Foundation has awarded 72 individual grants totaling $691,000. 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 $535
Dividends & Interest $43,863
Net Rental Income$0
Net Gain on Sale of Assets $43,228
Capital Gain Net Income $69,211
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $87,626

Grants Awarded

Over the last fiscal year, Mao Family Foundation has awarded $188,400 in support to 10 organizations.

Grant RecipientAmount

ALEXANDER HAMILTON SCHOLARS

PURPOSE: GENERAL & UNRESTRICTED

$7,500

GAGE ACADEMY OF ART

PURPOSE: GENERAL & UNRESTRICTED

$50,000

OKOA PROJECT INC

PURPOSE: GENERAL & UNRESTRICTED

$15,000

OMPRAKASH INC

PURPOSE: TO SUPPORT WAJAMAMA FOUNDATION

$20,400

GUTTMACHER INSTITUTE INC

PURPOSE: GENERAL & UNRESTRICTED

$5,000

SOCIAL VENTURE PARTNERS

PURPOSE: GENERAL & UNRESTRICTED

$7,500
View Grant Profile

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Gordon & Llura Gund Foundation
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The Morningstar Philanthropic Foundation
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