Mlg Foundation Tr
- Assets
- $440.1k
- Revenue
- $9.6k
- Investments
- $428.2k
- Employees
- 0
- Location
- Hanover, NH
- Founding
- 02/2005
- Data as of
- 06/2023
- EIN
- 36-7419069
Organization Overview
Mlg Foundation Tr is located in Hanover, NH. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mlg Foundation Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Mlg Foundation Tr has awarded 127 individual grants totaling $356,868. 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 |
|---|---|---|---|
Deborah Groban Olson Trustee | 1 | $0 | |
Richard W Olson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,313 |
| Dividends & Interest | $4,864 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,605 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,572 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,383 |
| Printing and publications | $0 |
| Other expenses | $32 |
| Total operating and administrative expenses | $5,805 |
| Contributions, gifts, grants paid | $46,542 |
| Total expenses and disbursements | $52,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,823 |
| 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 | $285,411 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $440,066 |
| 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, Mlg Foundation Tr has awarded $46,542 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CIRCLE PINES CENTER PURPOSE: FOR SUMMER CAMP, ENDOWMENT AND OPERATING FUNDS | $35,000 |
HIAS- HEBREW IMMIGRANT AID SOCIETY PURPOSE: PROVIDE REFUGEES WITH SAFETY AND FREEDOM | $250 |
ALTERNATIVES FOR GIRLS PURPOSE: HELP HOMELESS AND HIGH-RISK GIRLS | $100 |
OXFAM AMERICA PURPOSE: FIGHT POVERTY, HUNGER, AND INJUSTICE | $1,000 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: SUPPORT NATIVE STUDENT ACCESS TO HIGHER EDUCATION | $250 |
CENTER FOR ECONOMIC DEMOCRACY INC PURPOSE: SPONSOR FOR CENTER FOR COOPERATIVE DEVELOPMENT AND SOLIDARITY | $5,000 |