Mulva Family Foundation
- Assets
- $400.7m
- Revenue
- $33.2m
- Investments
- $399.1m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 20-3221183
Organization Overview
Mulva Family Foundation is located in Austin, TX. The organization was established in 2005. 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. Mulva Family 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, Mulva Family Foundation generated $33.2m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $23.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mulva Family Foundation has awarded 87 individual grants totaling $262,446,325. 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 |
|---|---|---|---|
James J Mulva President | 1 | $0 | |
Miriam B Mulva Director | 1 | $0 | |
John A Carrig Director | 0.5 | $0 | |
Harvey L Black Jr Secretary | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bny Mellon | 12/30/20 | $106,255 |
Barrow Hanley Mewhinney & Strauss | 12/30/20 | $500,678 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,500,354 |
| Interest on Savings | $20,754 |
| Dividends & Interest | $6,615,224 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,923,870 |
| Capital Gain Net Income | $10,897,603 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,145,133 |
| Total Revenue | $33,205,335 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $640,267 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,686,987 |
| Total operating and administrative expenses | $3,403,066 |
| Contributions, gifts, grants paid | $19,566,325 |
| Total expenses and disbursements | $22,969,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,264 |
| Savings and temporary cash investments | $1,160,470 |
| 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 | $194,834 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $341,551,005 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $400,712,170 |
| 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, Mulva Family Foundation has awarded $80,096,325 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
ST MARY CATHOLIC CHURCH PURPOSE: SUPPORT FOR CATHOLIC MISSION-DE PERE | $50,000 |
ST FRANCIS XAVIER CATHOLIC CHURCH PURPOSE: SUPPORT FOR CATHOLIC MISSION-DE PERE | $50,000 |
GOLDEN HOUSE PURPOSE: SUPPORT FOR BUILDING NEW FACILITY | $300,000 |
ENCOUNTERING CHRIST - DIOCESE OF AU PURPOSE: SUPPORT FOR SEMINARIANS & FACILITIES | $2,400,000 |
CATHOLIC DIOCESE OF GREEN BAY PURPOSE: SUPPORT FOR KAIROS HOUSE AND SEMINAR | $575,000 |
ST AUSTIN CATHOLIC PARISH PURPOSE: SUPPORT FOR NEW SCHOOL & RECTORY | $500,000 |