The Mandel Family Trust is located in Raymond, WA. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mandel Family Trust 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, Mandel Family Trust generated $9.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (56.3%) each year. All expenses for the organization totaled $20.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FUND MATTERS OF A COMMUNITY NATURE FOR THE WILLAPA VALLEY AND FOR SCHOLARSHIPS FOR STUDENTS GRADUATING FROM WILLAPA VALLEY HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FUND MATTERS OF A COMMUNITY NATURE FOR THE WILLAPA VALLEY AND FOR SCHOLARSHIPS FOR STUDENTS GRADUATING FROM WILLAPA VALLEY HIGH SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joyce Craig Trustee | 1 | $0 | |
William Monohon Trustee | 1 | $0 | |
Alice Clements Trustee | 1 | $0 | |
Mary Huber Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,369 |
Interest on Savings | $3,534 |
Dividends & Interest | $6,909 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$3,955 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $9,857 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $127 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $3,192 |
Total operating and administrative expenses | $3,744 |
Contributions, gifts, grants paid | $16,681 |
Total expenses and disbursements | $20,425 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $188,164 |
Savings and temporary cash investments | $303,255 |
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 | $82,455 |
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 | $573,874 |
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 |
Over the last fiscal year, The Mandel Family Trust has awarded $16,681 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
MENLO FIRE DEPARTMENT PURPOSE: HELP WITH CONSTRUCTION OF THE WILLAPA FIRE HALL. | $1,027 |
COMMUNITY GRANTS PURPOSE: PURCHASE A SIGN | $654 |
SCHOLARSHIPS PURPOSE: COLLEGE SCHOLARSHIPS FOR 5 STUDENTS. | $15,000 |