Maier Math Foundation
- Assets
- $3.8m
- Revenue
- $82.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 08/2019
- Data as of
- 12/2023
- EIN
- 83-2035077
Organization Overview
Maier Math Foundation is located in Salem, OR. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Maier Math Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Maier Math Foundation has awarded 12 individual grants totaling $219,666. 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 |
|---|---|---|---|
Steve Burt Chair | 0.25 | $0 | |
Dr David Maier Director | 0.25 | $0 | |
Richard Ludeman President | 0.25 | $1,133 | |
Erika Fogarty Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,200 |
| Interest on Savings | $80,827 |
| Dividends & Interest | $0 |
| 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 | $82,027 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,133 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $696 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,805 |
| Total operating and administrative expenses | $58,717 |
| Contributions, gifts, grants paid | $6,900 |
| Total expenses and disbursements | $65,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,669 |
| Savings and temporary cash investments | $3,420,753 |
| 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 | $5,950 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,841,372 |
| Accounts payable and accrued expenses | $5,814 |
| 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 | $5,814 |
Grants Awarded
Over the last fiscal year, Maier Math Foundation has awarded $6,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE HECHINGER REPORT PURPOSE: CHARITABLE | $500 |
ASSOCIATION OF MATHEMATICS TEACHER EDUCATORS PURPOSE: SPONSORING THE GRADUATE STUDENT AND EARLY CAREER FACULTY RECEPTION. | $6,400 |