Mnm Foundation

Organization Overview

Mnm Foundation is located in Walpole, MA. The organization was established in 2017. 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. Mnm 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 06/2023, Mnm Foundation generated $87.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.4%) each year.

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Board, Officers & Key Employees

Name (title)Compensation
Samir Desai
Trustee
$0
Nilima Desai
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $3,058
Dividends & Interest $38,063
Net Rental Income$0
Net Gain on Sale of Assets $46,385
Capital Gain Net Income $46,385
Net ST Capital Gain $53,118
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $87,506

Grants Awarded

Over the last fiscal year, Mnm Foundation has awarded $40,015 in support to 3 organizations.

Grant RecipientAmount

COLLINGS FOUNDATION

PURPOSE: GENERAL SUPPORT

$7,000

BERKLEE COLLEGE OF MUSIC

PURPOSE: GENERAL SUPPORT

$1,000

DESAI FOUNDATION

PURPOSE: GENERAL SUPPORT

$32,015
View Grant Profile

Peer Organizations

Organization NameAssets
Jp Fletcher Foundation Inc
North Haven, CT
$4,849,821
Greater Impact Foundation
Melville, NY
$8,642,675
Low Road Foundation
Sharon, CT
$9,956,838
The Gaudio Family Foundation
New York, NY
$19,096,524
Hunt Street Fund Inc
Needham, MA
$1,132,784
Sunshine Charitable Foundation
Boston, MA
$31,982,611
The Grossman Family Foundation
Cos Cob, CT
$19,398,345
New North Citizens Council
Springfield, MA
$10,021,168
Thomas W Haas Foundation
Greenland, NH
$23,898,654
Irene E And George A Davis Foundation
Springfield, MA
$10,687,163
Margaret A Nagel Tr Uw Art 2
Jericho, NY
$58,879
Lavelle Fund For The Blind Inc
New York, NY
$929,745
Swartz Foundation Trust
New York, NY
$3,926,191
The Carter Burden Network
New York, NY
$7,580,726
Riff Foundation
Boston, MA
$12,415,018
The Mellen Charitable Foundation Inc
Boston, MA
$5,437,727
Mccall Foundation Inc
Torrington, CT
$7,203,392
Laffont Family Foundation
New York, NY
$47,730,500
Wilma S And Laurence A Tisch Foundation
New York, NY
$6,373,102
Della Pietra Foundation
Jericho, NY
$7,361,516
Leslie B Barrett Foundation
Stamford, CT
$391,427
Raymond Debbane Family Foundation
New York, NY
$47,457,198
Warburg Pincus Foundation
New York, NY
$5,839,210
Henry P Kendall Foundation Trust
Boston, MA
$16,619,397
Glenn Greenbeg And Linda Vester Foundation Inc
New York, NY
$16,832,155

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