Daniel And Josephine Mikovich Community Foundation Inc is located in Edinboro, PA. The organization was established in 2006. 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. Daniel And Josephine Mikovich Community Foundation Inc 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, Daniel And Josephine Mikovich Community Foundation Inc generated $19.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $44.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Daniel And Josephine Mikovich Community Foundation Inc has awarded 48 individual grants totaling $258,452. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James F Mikovch President | 0.5 | $2,351 | |
Eric J Mikovch Vice President | 0.5 | $2,351 | |
Steven C Lombard Secretary/treasurer | 0.5 | $2,351 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,698 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,698 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,053 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $274 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,292 |
| Contributions, gifts, grants paid | $35,851 |
| Total expenses and disbursements | $44,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,862 |
| Savings and temporary cash investments | $850,758 |
| 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 | $0 |
| Total assets | $887,620 |
| 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 | $274 |
| Total liabilities | $274 |
Over the last fiscal year, Daniel And Josephine Mikovich Community Foundation Inc has awarded $35,851 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
EDINBORO UNIVERSITY (1 STUDENT) PURPOSE: INDIVIDUAL SCHOLARSHIPS | $1,000 |
WEST PENN UNIVERSITY (1 STUDENT) PURPOSE: INDIVIDUAL SCHOLARSHIP | $1,000 |
UNIVERSITY OF KENTUCKY (1 STUDENT) PURPOSE: INDIVIDUAL SCHOLARSHIP | $1,000 |
AFFINITY NON-PROFITS PURPOSE: GRANT | $1,043 |
CRANESVILLE VOLUNTEER FIRE DEPARTMENT PURPOSE: GRANT | $29,808 |
SLIPPERY ROCK UNIVERSITY (1 STUDENT) PURPOSE: INDIVIDUAL SCHOLARSHIP | $1,000 |