Mandare Foundation is located in Cincinnati, OH. The organization was established in 2010. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mandare 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 08/2023, Mandare Foundation generated $16.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $54.0k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director And Vice President | 1 | $0 | |
Name Not Listed Director And Vice President | 1 | $0 | |
Name Not Listed Director, Treasurer And Secretary | 1 | $0 | |
Name Not Listed Director, Treasurer And Secretary | 1 | $0 | |
Name Not Listed Director And Vice President | 1 | $0 | |
Name Not Listed Director And Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $632 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,796 |
| Capital Gain Net Income | $15,796 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,428 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $350 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $275 |
| Total operating and administrative expenses | $12,830 |
| Contributions, gifts, grants paid | $41,146 |
| Total expenses and disbursements | $53,976 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 |
Over the last fiscal year, Mandare Foundation has awarded $56,146 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CINCINNATI PLAYHOUSE IN THE PARK PURPOSE: ANNUAL CONTRIBUTION | $1,000 |
CINCINNATI ART MUSEUM PURPOSE: ANNUAL CONTRIBUTION | $5,000 |
CINCINNATI SYMPHONY ORCHESTRA PURPOSE: OPERATING SUPPORT FOR THE ARTS IN CINCINNATI | $5,000 |
CINCINNATI PARKS FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
CINCINNATI OPERA PURPOSE: OPERATING SUPPORT FOR THE ARTS IN CINCINNATI | $1,000 |
INTEGRATIVE MEDICINE FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |