Mandare Foundation
- Assets
- $18.0k
- Revenue
- $24.4k
- Investments
- $12.2k
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 26-3675450
Organization Overview
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 12/2021, Mandare Foundation generated $24.4k 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 (19.0%) each year. All expenses for the organization totaled $24.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret L Mathile Director | 1 | $0 | |
Mary C Mathile Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,411 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,538 |
| Capital Gain Net Income | $21,538 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $226 |
| Total operating and administrative expenses | $4,288 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $24,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,817 |
| 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 | $18,040 |
| 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, Mandare Foundation has awarded $20,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GREEN UMBRELLA DBA CROWN PURPOSE: GENERAL SUPPORT | $5,000 |
Cincinnati, OH PURPOSE: OPERATING SUPPORT FOR THE ARTS IN CINCINNATI | $5,000 |
CINCINNATI ART MUSEUM PURPOSE: ANNUAL CONTRIBUTION | $5,000 |
CINCINNATI OPERA PURPOSE: OPERATING SUPPORT FOR THE ARTS IN CINCINNATI | $1,000 |
Cincinnati, OH PURPOSE: ANNUAL CONTRIBUTION | $1,000 |
WGUC 909 PURPOSE: OPERATING SUPPORT FOR CLASSICAL PUBLIC RADIO | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Government Integrity Fund Columbus, OH | $0 | $4,714,760 |
Elcam Inc St Marys, PA | $19,431,330 | $4,390,197 |
Iha Hospital Assistance Foundation Inc Indianapolis, IN | $561,665 | $2,833,766 |
Oh-Go Sandusky, OH | $452,264 | $1,544,533 |
Montgomery County Foundation Inc Blue Bell, PA | $6,846,904 | $2,066,247 |
Kids Cancer Alliance Inc Louisville, KY | $1,595,560 | $1,331,527 |
The Love Pray Peace Project Veterans Residence Drexel Hill, PA | $69,517 | $509,585 |
The Cleveland Police Foundation Cleveland, OH | $402,041 | $308,860 |
Women For Economic And Leadership Development Westerville, OH | $526,843 | $678,319 |
Isadore Binzer Fund Brooklyn, OH | $7,683,436 | $1,276,125 |
Advocates For Homeless & Those In Need Inc Fairless Hills, PA | $466,442 | $421,506 |
Stuff The Bus Of Southern Kentucky Foundation Inc Bowling Green, KY | $214,330 | $354,662 |