Mudge Foundation 4942-0
- Assets
- $2.2m
- Revenue
- $127.7k
- Investments
- $2.1m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 11/1955
- Data as of
- 12/2023
- EIN
- 25-6023150
Organization Overview
Mudge Foundation 4942-0 is located in Pittsburgh, PA. The organization was established in 1955. 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. Mudge Foundation 4942-0 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, Mudge Foundation 4942-0 generated $127.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $297.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mudge Foundation 4942-0 has awarded 82 individual grants totaling $1,944,728. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $125,807 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $796 |
| Capital Gain Net Income | $796 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,105 |
| Total Revenue | $127,708 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,660 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,938 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $940 |
| Total operating and administrative expenses | $20,538 |
| Contributions, gifts, grants paid | $276,728 |
| Total expenses and disbursements | $297,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $73,386 |
| 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 | $1,334,934 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,189,914 |
| 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, Mudge Foundation 4942-0 has awarded $276,728 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MAINE FARMLAND TRUST INC PURPOSE: GENERAL SUPPORT | $100,000 |
NATURAL RESOURCES COUNCIL INC PURPOSE: GENERAL SUPPORT | $25,000 |
BROADWAY CARES-EQUITY FIGHTS AIDS INC PURPOSE: GENERAL SUPPORT | $30,000 |
COASTAL MOUNTAINS LAND TRUST PURPOSE: GENERAL SUPPORT | $14,000 |
MONUMENTS MEN FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
NO CHILD GOES HUNGRY LLC PURPOSE: GENERAL SUPPORT | $56,728 |