Mdm Foundation
- Assets
- $550.8k
- Revenue
- $97.2k
- Investments
- $527.4k
- Employees
- 0
- Location
- Grand Island, NE
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-2717461
Organization Overview
Mdm Foundation is located in Grand Island, NE. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Mdm 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, Mdm Foundation generated $97.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 51.6% each year . All expenses for the organization totaled $32.5k during the year ending 12/2022. While expenses have increased by 18.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian A Mustion President | 1 | $0 | |
Angela S Mustion Vice President | 1 | $0 | |
Heather S Fishler Board Member | 0.5 | $0 | |
Jacob J Fishler Board Member | 0.5 | $0 | |
Lindsey C Mettenbrink Board Member | 0.5 | $0 | |
Joel M Mettenbrink Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $73,738 |
| Interest on Savings | $46 |
| Dividends & Interest | $13,408 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,053 |
| Capital Gain Net Income | $10,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $255 |
| Total operating and administrative expenses | $3,788 |
| Contributions, gifts, grants paid | $28,700 |
| Total expenses and disbursements | $32,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,398 |
| 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 | $527,388 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $550,786 |
| 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 | $3,911 |
| Total liabilities | $3,911 |
Grants Awarded
Over the last fiscal year, Mdm Foundation has awarded $28,700 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL CATHOLIC DEVELOPMENT FOUNDATION PURPOSE: UNRESTRICTED USE IN THE OPERATIONS OF THE FOUNDATION. | $2,500 |
GREATER GRAND ISLAND COMMUNITY FOUNDATION PURPOSE: UNRESTRICTED USE IN THE OPERATIONS OF THE FOUNDATION. | $2,000 |
PIERCE CHAPEL CHURCH PURPOSE: UNRESTRICTED USE IN THE OPERATIONS OF THE CHURCH | $2,500 |
FIRST LIGHT CHILD ADVOCACY CENTER PURPOSE: UNRESTRICTED USE IN THE OPERATIONS OF THE CENTER. | $2,500 |
STUHR MUSEUM FOUNDATION PURPOSE: UNRESTRICTED USE IN THE OPERATIONS OF THE MUSEUM. | $2,000 |
HOPE HARBOR PURPOSE: UNRESTRICTED USE IN THE OPERATIONS OF THE HOMELESS SHELTER. | $4,200 |