Mhb Foundation is located in Lancaster, PA.
For the year ending 12/2017, Mhb Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $335.0k during the year ending 12/2017. While expenses have increased by 19.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Anne Nolen Co-President | 0 | $0 | |
James J Bruder Jr Co-President | 0 | $0 | |
James J Bruder Jr Treasurer | 0 | $0 | |
Gene P Otto Secretary | 0 | $0 | |
Margaret Anne Nolen Director | 0 | $0 | |
James J Bruder Jr Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,176,075 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,931 |
| Capital Gain Net Income | $59,931 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,247,731 |
| 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 | $0 |
| Total operating and administrative expenses | $18,952 |
| Contributions, gifts, grants paid | $316,053 |
| Total expenses and disbursements | $335,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,473 |
| 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 | $713,921 |
| Total assets | $936,276 |
| Accounts payable and accrued expenses | $11,200 |
| 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 | $11,200 |
Over the last fiscal year, Mhb Foundation has awarded $316,053 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MORAVIAN COLLEGE PURPOSE: GENERAL FUND | $500 |
JEFFERSON ALZHEIMER'S DISEASE AND DEMENTIA CENTER PURPOSE: GENERAL FUND | $100,000 |
ST ATHANASIUS SCHOOL PURPOSE: GENERAL FUND | $35,000 |
THE EPISCOPAL ACADEMY PURPOSE: GENERAL FUND | $20,000 |
THE EPISCOPAL ACADEMY PURPOSE: GENERAL FUND | $60,000 |
UNIVERSITY OF NOTRE DAME PURPOSE: GENERAL FUND | $100,553 |