John Mondati Foundation
- Assets
- $826.7k
- Revenue
- $29.3k
- Investments
- $826.7k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/2007
- Data as of
- 12/2023
- EIN
- 20-8380376
Organization Overview
John Mondati Foundation is located in Minneapolis, MN. The organization was established in 2007. 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. John Mondati 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, John Mondati Foundation generated $29.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $73.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John Mondati Foundation has awarded 83 individual grants totaling $505,550. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maryon Kellar Director | 0 | $0 | |
Timothy L Solie President/director | 0 | $0 | |
Sylvia Mondati Secretary/treasurer/direct | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $18,872 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,437 |
| Capital Gain Net Income | $10,437 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $58 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $142 |
| Printing and publications | $0 |
| Other expenses | $1,613 |
| Total operating and administrative expenses | $23,588 |
| Contributions, gifts, grants paid | $49,500 |
| Total expenses and disbursements | $73,088 |
| 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 | $826,674 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $826,674 |
| 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, John Mondati Foundation has awarded $49,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALIVENESS PROJECT PURPOSE: TO PROVIDE FOOD FOR PEOPLE LIVING WITH HIV, WHICH INCLUDE OUR MEAL PROGRAM, FOOD SHELF, AND MEDICAL NUTRITION THERAPY | $7,500 |
CHANGING GAITS INC PURPOSE: TO PROVIDE SUPPLIES AND SCHOLARSHIPS FOR THE EQUINE-ASSISTED THERAPY PROGRAMS FOR FAMILIES IN NEED WHO ARE STRUGGLING WITH ISSUES OF ALCOHOL AND DRUG ADDICTION | $6,000 |
OPEN ARMS OF MINNESOTA PURPOSE: TO PROVIDE NUTRITIOUS MEALS TO PEOPLE LIVING WITH LIFE-THREATENING ILLNESSES, INCLUDING CANCER, HIV/AIDS, MS, COPD, CHF, END STAGE RENAL DISEASE, AND ALS | $10,000 |
MINNESOTA COUNCIL ON FOUNDATIONS PURPOSE: ANNUAL MEMBERSHIP (MCF IS A 501(C)(3) ORGANIZATION) | $1,000 |
PROJECT FOR PRIDE IN LIVING INC (PPL) PURPOSE: TO SUPPORT THE FAMILY ART THERAPY SERIES, WHICH FOCUSES ON HEALING INDIVIDUALS AND FAMILIES IMPACTED BY LONG-TERM HOMELESSNESS AND OTHER COMPLEX CHALLENGES TO THEIR HEALTH AND WELLNESS, INCLUDING CHEMICAL DEPENDENCY, MENTAL ILLNESS, TRAUMA, AND CHRONIC STRESS | $7,500 |
YMCA OF THE NORTH PURPOSE: TO SUPPORT THE Y'S WHOLE-PERSON WELLBEING INITIATIVE, WHICH IS DESIGNED TO REDUCE THE INCIDENCE OF CHRONIC ILLNESS AMONG ADULTS THROUGH AN INTEGRATIVE HEALTH AND WELLBEING APPROACH | $5,000 |