Mako Foundation
- Assets
- $4.0m
- Revenue
- $340.6k
- Investments
- $3.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 30-0286945
Organization Overview
Mako Foundation is located in Chicago, IL. The organization was established in 2005. 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. Mako 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 12/2022, Mako Foundation generated $340.6k 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 (4.1%) each year. All expenses for the organization totaled $531.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mako Foundation has awarded 151 individual grants totaling $1,273,700. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas W Meyer President / Director | 1 | $0 | |
Julie Stevenson Secretary / Director | 1 | $0 | |
Nancy Meyer Director | 1 | $0 | |
Michael C Mcquinn Vice President | 1 | $0 | |
Lauren K Macdonald Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,824 |
| Dividends & Interest | $66,939 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,909 |
| Capital Gain Net Income | $141,098 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $129,893 |
| Total Revenue | $340,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,551 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,432 |
| Total operating and administrative expenses | $97,045 |
| Contributions, gifts, grants paid | $434,600 |
| Total expenses and disbursements | $531,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $374,759 |
| 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 | $1,105,995 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,030,719 |
| 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 | $12,370 |
| Total liabilities | $12,370 |
Grants Awarded
Over the last fiscal year, Mako Foundation has awarded $434,600 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
BARDAVON 1869 OPERA HOUSE PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $1,000 |
BLACK FARMER FUND PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $15,000 |
BUCKLEY COUNTRY DAY SCHOOL PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $250 |
CAMPERSHIPS FOR NEBAGAMON INC PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $5,000 |
CENTER FOR PUBLIC INTEGRITY PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $10,000 |
CENTER FOR PUBLIC INTEREST RESEARCH INC PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $20,000 |