The@joseph And Florence Mandel Family Foundation-Michele M And
- Assets
- $159.2m
- Revenue
- $5.4m
- Investments
- $158.8m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 32-0570943
Organization Overview
The@joseph And Florence Mandel Family Foundation-Michele M And is located in Cleveland, OH. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. The@joseph And Florence Mandel Family Foundation-Michele M And 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, The@joseph And Florence Mandel Family Foundation-Michele M And generated $5.4m in total revenue.
Since 2021, The@joseph And Florence Mandel Family Foundation-Michele M And has awarded 144 individual grants totaling $10,901,836. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
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 |
|---|---|---|---|
Michele M Beyer Trustee | 0 | $0 | |
Robert C Beyer Trustee | 0 | $0 | |
Anthony M Beyer Trustee | 0 | $0 | |
Timothy C Beyer Trustee | 0 | $0 | |
Mark Madeja Assistant Secretary | 0 | $0 | |
Lavonda D Napka Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $605,208 |
| Dividends & Interest | $1,351,685 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,720,148 |
| Capital Gain Net Income | $2,720,148 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $741,668 |
| Total Revenue | $5,418,709 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $258,204 |
| Taxes | $844,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,164,399 |
| Total operating and administrative expenses | $3,267,203 |
| Contributions, gifts, grants paid | $6,787,030 |
| Total expenses and disbursements | $10,054,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $328,412 |
| 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 | $158,837,163 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $159,165,575 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,229,333 |
| 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 | $1,229,333 |
Grants Awarded
Over the last fiscal year, The@joseph And Florence Mandel Family Foundation-Michele M And has awarded $6,787,030 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S DRUG DISCOVERY FOUNDATION PURPOSE: GENERAL | $2,500 |
AMERICAN FRIENDS OF PALAZZO DUCALE PURPOSE: GENERAL | $14,500 |
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: GENERAL | $25,000 |
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: GENERAL | $500 |
AMERICANS FOR BEN-GURION UNIVERSITY PURPOSE: GENERAL | $10,000 |
BAPTIST HEALTH SOUTH FLORIDA FOUNDATION PURPOSE: GENERAL | $50,000 |