M J B Foundation
- Assets
- $401.8k
- Revenue
- $113.0k
- Investments
- $311.9k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 05/1983
- Data as of
- 12/2023
- EIN
- 31-1040130
Organization Overview
M J B Foundation is located in Columbus, OH. The organization was established in 1983. 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. M J B 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 12/2023, M J B Foundation generated $113.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $56.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, M J B Foundation has awarded 43 individual grants totaling $443,900. 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
DIRECT CONTRIBUTIONS TO IRS SEC.501(C)(3) ORGANIZATIONS AND EXPENSES RELATED TO THE FOUNDATION'S CHARITABLE GIVING ACTIVITIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merom Brachman President | 0 | $0 | |
Lavea Brachman Vice President & Secretary | 0 | $0 | |
Judith Brachman Treasurer | 0 | $0 | |
Andrew Smith Assistant Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $110,000 |
| Interest on Savings | $816 |
| Dividends & Interest | $2,206 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $113,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $150 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $250 |
| Contributions, gifts, grants paid | $56,500 |
| Total expenses and disbursements | $56,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,130 |
| Savings and temporary cash investments | $74,788 |
| 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 | $250,448 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $401,814 |
| 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, M J B Foundation has awarded $56,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BEXLEY COMMUNITY FOUNDATION PURPOSE: GENERAL | $7,000 |
COLUMBUS SCHOOL FOR GIRLS PURPOSE: GENERAL | $7,000 |
CONFERENCE OF PRESIDENTS FUND PURPOSE: GENERAL | $7,500 |
COLUMBUS JEWISH FEDERATION PURPOSE: GENERAL | $35,000 |