M R S Foundation
- Assets
- $6.7m
- Revenue
- $2.0m
- Investments
- $3.6m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- Data as of
- 12/2023
- EIN
- 84-4191520
Organization Overview
M R S Foundation is located in San Antonio, TX. 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. M R S 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 12/2023, M R S Foundation generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (46.3%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, M R S Foundation has awarded 52 individual grants totaling $2,013,050. 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 |
|---|---|---|---|
Earl C Rabke III President | 40 | $256,667 | |
Angela Turner Rabke Secretary/tr | 0 | $0 | |
Richey Wyatt Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,824,884 |
| Interest on Savings | $95,374 |
| Dividends & Interest | $103,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1 |
| Capital Gain Net Income | $1 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,023,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $256,667 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,422 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $299,255 |
| Contributions, gifts, grants paid | $1,273,050 |
| Total expenses and disbursements | $1,572,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,085,326 |
| 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 | $2,041,193 |
| Total assets | $6,730,279 |
| 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, M R S Foundation has awarded $1,273,050 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ABODE PURPOSE: CHARITABLE | $10,000 |
ALAMO HEIGHTS SCHOOL FOUNDATION PURPOSE: CHARITABLE | $100,000 |
ARTPACE SAN ANTONIO PURPOSE: CHARITABLE | $15,000 |
AUTISM COMMUNITY NETWORK PURPOSE: CHARITABLE | $10,000 |
BIG MAMA'S SAFE HOUSE PURPOSE: CHARITABLE | $10,000 |
CIBOLO ANNUAL FUNDRAISER PURPOSE: CHARITABLE | $2,500 |