Meun Educational Charitable Foundation
- Assets
- $312.9k
- Revenue
- $55.9k
- Investments
- $303.5k
- Employees
- 0
- Location
- Minden, NV
- Founding
- Data as of
- 08/2021
- EIN
- 83-1940466
Organization Overview
Meun Educational Charitable Foundation is located in Minden, NV. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meun Educational Charitable 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 08/2021, Meun Educational Charitable Foundation generated $55.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $175.6k during the year ending 08/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL SCHOLARSHIPS TO ONE OR MORE HIGH SCHOOL SENIORS RESIDING IN MINDEN AND GARDNERVILLE AREA OF NEVADA WHO ARE IN THE TOP 10% OF THEIR CLASS IN ACADEMIC ACHIEVEMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dieter Meun President | 3 | $0 | |
Hedwig Meun President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $37,000 |
| Interest on Savings | $4 |
| Dividends & Interest | $7,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,284 |
| Capital Gain Net Income | $11,284 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,929 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $392 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,149 |
| Total operating and administrative expenses | $7,149 |
| Contributions, gifts, grants paid | $168,500 |
| Total expenses and disbursements | $175,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,405 |
| 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 | $312,908 |
| 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 | $200 |
| Total liabilities | $200 |
Grants Awarded
Over the last fiscal year, Meun Educational Charitable Foundation has awarded $168,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MADISON REGER PURPOSE: SCHOLARSHIP | $34,000 |
NATHAN ERICSSON PURPOSE: SCHOLARSHIP | $27,500 |
JORDAN SMITH PURPOSE: SCHOLARSHIP | $21,000 |
ELIZABETH LOFLIN PURPOSE: SCHOLARSHIP | $20,000 |
GRACE GREEN PURPOSE: SCHOLARSHIP | $15,000 |
NICOLAUS BUCHHOLZ PURPOSE: SCHOLARSHIP | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meun Educational Charitable Foundation has recieved totaling $37,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Nevada Reno, NV PURPOSE: 2021 Scholarships | $37,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |