Mitsubishi Motors Usa Foundation is located in Franklin, TN. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Mitsubishi Motors USA 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, Mitsubishi Motors USA Foundation generated $419.0 in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $72.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mitsubishi Motors USA Foundation has awarded 22 individual grants totaling $173,500. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Chaffin Chairman | 0 | $0 | |
Mark Chaffin Director | 0 | $0 | |
Ryan Gremore Chairman | 0 | $0 | |
Ryan Gremore Director | 0 | $0 | |
Rhonda Mich Secretary | 0 | $0 | |
Rhonda Mich Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $419 |
| Dividends & Interest | $0 |
| 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 | $419 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $944 |
| Total operating and administrative expenses | $946 |
| Contributions, gifts, grants paid | $72,000 |
| Total expenses and disbursements | $72,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,744 |
| Savings and temporary cash investments | $130,000 |
| Net Accounts receivable | $348 |
| 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 | $0 |
| Total assets | $216,092 |
| 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 |
Over the last fiscal year, Mitsubishi Motors Usa Foundation has awarded $72,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST JUDE PURPOSE: PAYMENT TO THIS ORGANIZATION WHICH IS DEPENDENT ON INDIVIDUAL CONTRIBUTIONS SO HOSPITAL PATIENTS NEVER RECEIVE A BILL. | $5,000 |
ILLINOIS CHAPTER OF COPS PURPOSE: PAYMENT TO AN ORGANIZATION THAT PROVIDES RESOURCES TO ASSIST IN THE REBUILDING OF THE LIVES OF SURVIVING FAMILIES OF LAW ENFORCEMENT OFFICERS KILLED IN THE LINE-OF-DUTY AS DETERMINED BY FEDERAL CRITERIA. ILLINOIS C.O.P.S. PROVIDES EMOTIONAL AND FINANCIAL SUPPORT AS WELL AS LEGAL ASSISTANCE TO SURVIVORS OF FALLEN OFFICERS. | $2,000 |
BIG BROTHERSBIG SISTERS PURPOSE: PAYMENT TO FUND AN ORGANIZATION WHICH DEDICATES THEIR TIME SERVING LOW-INCOME AND UNDERPRIVILEGED YOUTHS FROM SINGLE-PARENT FAMILIES TO MENTOR AND DEVELOP ATTRIBUTES IN FINDING SUCCESS IN LIFE. | $5,000 |
AMERICAN RED CROSS PURPOSE: PAYMENT TO FUND AN ORGANIZATION WHICH PREVENTS AND ALLEVIATES HUMAN SUFFERING IN THE FACE OF EMERGENCIES BY MOBILIZING THE POWER OF VOLUNTEERS AND THE GENEROSITY OF DONORS. | $25,000 |
MARCFIRST PURPOSE: PAYMENT TO AN ORGANIZATION THAT PROVIDES THERAPEUTIC SERVICES AND SUPPORT FROM BIRTH TO END OF LIFE AND EVERYTHING IN BETWEEN FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES. | $5,000 |
EASTER SEALS CENTRAL ILLINOIS PURPOSE: PAYMENT TO AN ORGANIZATION THAT PROVIDES EXCEPTIONAL SERVICES TO ENSURE THAT CHILDREN WITH DEVELOPMENTAL DELAYS, DISABILITIES, AND OTHER SPECIAL NEEDS CAN REACH THEIR FULL POTENTIAL. | $25,000 |