Mayberg Foundation Inc
- Assets
- $22.2m
- Revenue
- $15.9m
- Investments
- $14.3m
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 81-4574465
Organization Overview
Mayberg Foundation Inc is located in Chevy Chase, MD. The organization was established in 2018. 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. Mayberg Foundation Inc 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 12/2021, Mayberg Foundation Inc generated $15.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $8.0m during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 4 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 2018, Mayberg Foundation Inc has awarded 478 individual grants totaling $18,652,407. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
JEWISH ADULT EDUCATION AND ENGAGEMENT PROJECTS AND THE JEWISH EDUCATION INNOVATION CHALLENGE, A PROGRAM TO DEVELOP INNOVATIVE MODELS IN JEWISH DAY SCHOOL EDUCATION THROUGH GRANT FUNDING, RESEARCH AND PROVISION OF CONSULTING SERVICES TO SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Sukol Executive Director | 40 | $275,000 | |
Rachel Abrahams Sr. Advisor - Educ. | 40 | $207,000 | |
Sharon Freundel Managing Director, J | 40 | $136,500 | |
Alex Shapero Myzuzah Program Dire | 40 | $105,000 | |
Amanda Mizrahi Managing Director | 32 | $99,500 | |
Samuel Feld Founding Director, J | 40 | $64,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eliana Rudee | 12/30/21 | $51,581 |
Betterlesson Inc | 12/30/21 | $76,488 |
Ladidadi Xm Llc | 12/30/21 | $51,034 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,923,815 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,549 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,437 |
| Capital Gain Net Income | $5,366,474 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,901,927 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $275,000 |
| Other employee salaries and wages | $878,768 |
| Pension plans, employee benefits | $249,017 |
| Interest | $0 |
| Taxes | $115,783 |
| Depreciation | $25,825 |
| Occupancy | $133,197 |
| Travel, conferences, and meetings | $40,503 |
| Printing and publications | $445 |
| Other expenses | $680,790 |
| Total operating and administrative expenses | $2,439,829 |
| Contributions, gifts, grants paid | $5,608,940 |
| Total expenses and disbursements | $8,048,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,951 |
| Savings and temporary cash investments | $7,586,428 |
| 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 | $51,913 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,191,522 |
| Net Land, buildings, and equipment | $133,936 |
| Other assets | $53,720 |
| Total assets | $22,170,810 |
| Accounts payable and accrued expenses | $290,598 |
| Grants payable | $0 |
| Deferred revenue | $80,659 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $371,257 |
Grants Awarded
Over the last fiscal year, Mayberg Foundation Inc has awarded $5,608,940 in support to 119 organizations.
| Grant Recipient | Amount |
|---|---|
Clifton, NJ PURPOSE: SUPPORT PROGRAMMING | $1,250,000 |
MOMENTUM PURPOSE: SUPPORT PROGRAMMING | $1,000,000 |
Chevy Chase, MD PURPOSE: SUPPORT PROGRAMMING | $455,000 |
JEWISH FEDERATION OF GREATER WASHINGTON PURPOSE: SUPPORT PROGRAMMING | $250,000 |
HADAR PURPOSE: SUPPORT PROGRAMMING | $150,000 |
THANK ISRAELI SOLDIERS PURPOSE: SUPPORT PROGRAMMING | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mayberg Foundation Inc has recieved totaling $9,185,071.
| Awarding Organization | Amount |
|---|---|
Mayberg Family Charitable Foundation Bal Harbour, FL PURPOSE: SUPPORT 501(C)(3) CHARITABLE ORGANIZATION | $9,185,071 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |