Mazar Charitable Foundation Fund
- Assets
- $10.7m
- Revenue
- $123.1k
- Investments
- $4.8m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 04-3344681
Organization Overview
Mazar Charitable Foundation Fund is located in Boston, MA. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mazar Charitable Foundation Fund 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, Mazar Charitable Foundation Fund generated $123.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.2%) each year. All expenses for the organization totaled $564.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mazar Charitable Foundation Fund has awarded 493 individual grants totaling $3,118,817. 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 |
|---|---|---|---|
Brian Mazar Trustee | 1 | $0 | |
Anne Mazar Trustee | 1 | $0 | |
Brian Mazar Trustee | 1 | $0 | |
Anne Mazar Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| Dividends & Interest | $112,574 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,467 |
| Capital Gain Net Income | $10,467 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $123,059 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,683 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,045 |
| Total operating and administrative expenses | $73,479 |
| Contributions, gifts, grants paid | $490,755 |
| Total expenses and disbursements | $564,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $900,952 |
| 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 | $5,000,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,738,288 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,736,815 |
| 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, Mazar Charitable Foundation Fund has awarded $981,510 in support to 132 organizations.
| Grant Recipient | Amount |
|---|---|
350ORG PURPOSE: GENERAL | $3,500 |
AMERICAN HUMANE ASSOCIATION PURPOSE: GENERAL | $6,000 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: GENERAL | $10,000 |
AMERICAN RED CROSS PURPOSE: GENERAL | $2,000 |
ANIMAL WELFARE INSTITUTE PURPOSE: GENERAL | $6,000 |
BEST BUDDIES PURPOSE: GENERAL | $100 |