Mufg Union Bank Foundation Ag
- Assets
- $5.8m
- Revenue
- $11.3m
- Investments
- $1.8m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 02/2007
- Data as of
- 12/2022
- EIN
- 54-2178792
Organization Overview
Mufg Union Bank Foundation Ag is located in Milwaukee, WI. The organization was established in 2007. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Mufg Union Bank Foundation Ag 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, Mufg Union Bank Foundation Ag generated $11.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $8.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mufg Union Bank Foundation Ag has awarded 1,588 individual grants totaling $27,387,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mufg Union Bank N A Agent | 1 | $0 | |
Kathy Patoff Chief Oper. Ofcr | 2 | $0 | |
Julius Robinson CEO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,250,423 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,595 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$40,633 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $398 |
| Total Revenue | $11,267,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $400 |
| Total operating and administrative expenses | $32,389 |
| Contributions, gifts, grants paid | $8,518,500 |
| Total expenses and disbursements | $8,550,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,968,275 |
| 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 | $1,350,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,816,654 |
| 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, Mufg Union Bank Foundation Ag has awarded $8,518,500 in support to 441 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF MONTEREY COUNTY PURPOSE: CHARITABLE | $5,000 |
THE TURNER FOUNDATION PURPOSE: CHARITABLE | $5,000 |
UNITY SHOPPE INC PURPOSE: CHARITABLE | $10,000 |
HOUSING TRUST FUND SANTA BARBARA COUNTY PURPOSE: CHARITABLE | $10,000 |
BOYS & GIRLS CLUBS OF MOORPARK PURPOSE: CHARITABLE | $7,000 |
NEW HORIZONS SERVING INDIVIDUALS PURPOSE: CHARITABLE | $10,000 |