Muchnic Foundation
- Assets
- $3.0m
- Revenue
- $411.2k
- Investments
- $2.8m
- Employees
- 0
- Location
- Atchison, KS
- Founding
- 03/1950
- Data as of
- 11/2023
- EIN
- 48-6102818
Organization Overview
Muchnic Foundation is located in Atchison, KS. The organization was established in 1950. 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. Muchnic 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 11/2023, Muchnic Foundation generated $411.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $556.0k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Muchnic Foundation has awarded 457 individual grants totaling $2,605,430. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David C Mize President | 1 | $0 | |
Anne Mize Director | 1 | $0 | |
Daphne Nan Muchnic Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $954 |
| Dividends & Interest | $476,179 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$68,406 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,500 |
| Total Revenue | $411,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,431 |
| Depreciation | $0 |
| Occupancy | $113,449 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,647 |
| Total operating and administrative expenses | $148,539 |
| Contributions, gifts, grants paid | $407,500 |
| Total expenses and disbursements | $556,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,956 |
| 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 | $20,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,960,365 |
| 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, Muchnic Foundation has awarded $407,500 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
ALASKA WILDERNESS LEAGUE PURPOSE: WILD LAND PROTECTION | $20,000 |
ATCHISON AREA COMMUNITY FOUNDATION PURPOSE: SOCIETAL BENEFIT | $5,000 |
ATCHISON AREA UNITED WAY PURPOSE: SOCIETAL BENEFIT | $5,000 |
ATCHISON ART ASSOCIATION PURPOSE: SOCIETAL BENEFIT | $75,000 |
ATCHISON FAMILY YMCA PURPOSE: SOCIETAL BENEFIT | $5,000 |
BARD COLLEGE PURPOSE: EDUCATIONAL | $4,000 |