Meun Educational Charitable Foundation
- Assets
- $505.4k
- Revenue
- $196.1k
- Investments
- $462.8k
- Employees
- 0
- Location
- Minden, NV
- Founding
- Data as of
- 08/2023
- 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 08/2023, Meun Educational Charitable Foundation generated $196.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 63.2% each year . All expenses for the organization totaled $12.6k during the year ending 08/2023. While expenses have increased by 34.2% 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 2021, Meun Educational Charitable Foundation has awarded 16 individual grants totaling $329,745. 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
2023
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dieter Meun President | 0 | $0 | |
Brigit Okamoto Treasurer | 0 | $0 | |
Cynthia Sawyer Secretary | 0 | $0 | |
Bob Centanni Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $188,129 |
| Interest on Savings | $20 |
| Dividends & Interest | $7,917 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $196,066 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,444 |
| Total operating and administrative expenses | $12,572 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $12,572 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,587 |
| 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 | $505,433 |
| 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 $161,245 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ZOE BUTTERIELD PURPOSE: SCHOLARSHIP | $28,500 |
JORDAN SMITH PURPOSE: SCHOLARSHIP | $29,600 |
GRACE GREEN PURPOSE: SCHOLARSHIP | $15,550 |
MADISON REGER PURPOSE: SCHOLARSHIP | $29,900 |
ELIZABETH LOFLIN PURPOSE: SCHOLARSHIP | $29,000 |
ADRIANA GRANT PURPOSE: SCHOLARSHIP | $28,695 |