The Mortar Foundation Inc
- Assets
- $3.0m
- Revenue
- $43.5k
- Investments
- $2.9m
- Employees
- 0
- Location
- Sausalito, CA
- Founding
- 09/2009
- Data as of
- 12/2023
- EIN
- 30-0510976
Organization Overview
The Mortar Foundation Inc is located in Sausalito, CA. The organization was established in 2009. 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. Mortar Foundation Inc 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, Mortar Foundation Inc generated $43.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $380.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mortar Foundation Inc has awarded 123 individual grants totaling $1,583,943. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHAMEBOOTH-SERVING THOSE IN NEED OF EMOTIONAL FOCUS AND COMFORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Viragh-Williams CEO | 35 | $107,000 | |
Amanda Viragh Vice President | 0 | $0 | |
Charlotte Williams Secretary | 0 | $0 | |
Georgia Williams CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $81,005 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$37,546 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,459 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $107,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,217 |
| Depreciation | $5,393 |
| Occupancy | $7,200 |
| Travel, conferences, and meetings | $1,671 |
| Printing and publications | $0 |
| Other expenses | $18,162 |
| Total operating and administrative expenses | $194,257 |
| Contributions, gifts, grants paid | $186,686 |
| Total expenses and disbursements | $380,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,493 |
| 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 | $600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,768,323 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,994,862 |
| Accounts payable and accrued expenses | $424 |
| 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 | $424 |
Grants Awarded
Over the last fiscal year, The Mortar Foundation Inc has awarded $186,686 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
HISPANICS IN PHILANTHROPY-HIPGIVE PURPOSE: FURTHER THE HISPANIC AND LATINO COMMUNITY | $25,000 |
SHE RECOVERS FOUNDATION PURPOSE: SUPPORT CAUSES FOR WOMEN | $125,053 |
SANDY HOOK PROMISE FOUNDATION PURPOSE: CURB GUN VIOLENCE IN SCHOOLS | $621 |
ACCESS INSTITUTE FOR PSYCHOLOGICAL PURPOSE: ASSIST IN MENTAL HEALTH | $2,500 |
KCRW FOUNDATION PURPOSE: SUPPORT PUBLIC RADIO | $128 |
KQED PUBLIC MEDIA PURPOSE: SUPPORT LOCAL PUBLIC TELEVISION & RADIO | $300 |