Michael Mason Foundation
- Assets
- $244.0k
- Revenue
- $21.2k
- Investments
- $244.0k
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 20-2677103
Organization Overview
Michael Mason Foundation is located in Santa Monica, CA. The organization was established in 2005. 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. Michael Mason 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, Michael Mason Foundation generated $21.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $18.5k during the year ending 12/2022. 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 |
|---|---|---|---|
Jennifer Waltzer Chair/president | 0 | $0 | |
Jean Mason Scrtry/treasur | 0 | $0 | |
Connie Seidman Director | 0 | $0 | |
Sherri Benoun Director | 0 | $0 | |
Christian Mcguire Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $182 |
| Dividends & Interest | $7,273 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,729 |
| Capital Gain Net Income | $13,729 |
| Net ST Capital Gain | $403 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $641 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42 |
| Total operating and administrative expenses | $4,509 |
| Contributions, gifts, grants paid | $14,000 |
| Total expenses and disbursements | $18,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $53,624 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $243,960 |
| Accounts payable and accrued expenses | $8,011 |
| 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 | $8,011 |
Grants Awarded
Over the last fiscal year, Michael Mason Foundation has awarded $14,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ANGELES SCIENCE FANTASY SOCIETY PURPOSE: TO PROMOTE READING | $2,000 |
THE CLARION FOUNDATION PURPOSE: SUPPORT WRITERS' WORKSHOP | $1,500 |
A WINDOW BETWEEN WORLDS PURPOSE: DOMESTIC VIOLENCE | $3,000 |
SCIENCE FICTION OUTREACH PROJECT PURPOSE: PROMOTE READING OF SCIENCE FICTION | $3,000 |
MICKABOO COMPANION BIRD RESCUE PURPOSE: TO PROMOTE BIRD RESCUE & ADOPTION | $1,000 |
CAMP CONRAD CHINNOCK PURPOSE: TO PROMOTE DIABETES EDUCATIONAL SERVICES | $1,500 |