Mundy Family Foundation
- Assets
- $6.1m
- Revenue
- $358.1k
- Investments
- $5.5m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/1998
- Data as of
- 12/2023
- EIN
- 76-0520888
Organization Overview
Mundy Family Foundation is located in Houston, TX. The organization was established in 1998. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mundy 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, Mundy Family Foundation generated $358.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $563.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mundy Family Foundation has awarded 43 individual grants totaling $3,038,240. 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 |
|---|---|---|---|
Shane Burden Director | 0 | $0 | |
Amy Burden Director | 0 | $0 | |
Sara Cole Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,029 |
| Dividends & Interest | $237,357 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $119,702 |
| Capital Gain Net Income | $20,559 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $358,088 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,561 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $161,470 |
| Total operating and administrative expenses | $163,031 |
| Contributions, gifts, grants paid | $400,000 |
| Total expenses and disbursements | $563,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,829 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,085,913 |
| 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, Mundy Family Foundation has awarded $400,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF GREATER HOUSTO PURPOSE: DONATION | $50,000 |
CASA DE ESPERANZA DE LOS NINOS PURPOSE: DONATION | $25,000 |
CHILD ADVOCATES OF FT BEND PURPOSE: DONATION | $30,000 |
COVENANT HOUSE PURPOSE: DONATION | $25,000 |
HOUSTON FOOD BANK PURPOSE: DONATION | $150,000 |
HOUSTON HUMANE SOCIETY PURPOSE: DONATION | $25,000 |