Mut Family Foundation
- Assets
- $3.6m
- Revenue
- $279.8k
- Investments
- $3.3m
- Employees
- 0
- Location
- Englewood, CO
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 83-0685806
Organization Overview
Mut Family Foundation is located in Englewood, CO. The organization was established in 2019. 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. Mut 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 12/2022, Mut Family Foundation generated $279.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (46.6%) each year. All expenses for the organization totaled $213.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mut Family Foundation has awarded 25 individual grants totaling $605,000. 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 |
|---|---|---|---|
Neyeska G Mut President | 0.5 | $0 | |
Stephen R Mut Vice President | 5 | $0 | |
Debora L Smith Secretarytreasurer | 10 | $8,529 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $253 |
| Dividends & Interest | $53,818 |
| Net Rental Income | -$4,405 |
| Net Gain on Sale of Assets | $1,124 |
| Capital Gain Net Income | $42,424 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $224,620 |
| Total Revenue | $279,815 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,808 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $291 |
| Total operating and administrative expenses | $18,683 |
| Contributions, gifts, grants paid | $195,000 |
| Total expenses and disbursements | $213,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,062 |
| Savings and temporary cash investments | $71,449 |
| 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 | $2,596,957 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,642 |
| Total assets | $3,567,286 |
| 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, Mut Family Foundation has awarded $170,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
OUR LADY OF LOURDES CATHOLIC SCHOOL PURPOSE: PRESCHOOL | $25,000 |
JESUIT DALLAS FOUNDATION PURPOSE: STEPHEN R MUT SCHOLARSHIP FUND | $25,000 |
SAINT JOHN PAUL THE GREAT CATHOLIC HIGH SCHOOL PURPOSE: SUPPORT OF THE HIGH SCHOOL EDUCATION | $25,000 |
JESUIT DALLAS FOUNDATION PURPOSE: JESUIT STUDENT EXPERIENCE ENDOWMENT FUND | $5,000 |
SEEDS OF HOPE PURPOSE: SCHOLARSHIP FOR CATHOLIC SCHOOLS | $25,000 |
GUARDIAN ANGEL CATHOLIC SCHOOL PURPOSE: SUPPORT SPECIAL EDUCATION | $40,000 |