Mosaic Foundation Of R & P Heydon
- Assets
- $2.9m
- Revenue
- $727.8k
- Investments
- $216.6k
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 05/1990
- Data as of
- 12/2022
- EIN
- 38-2910797
Organization Overview
Mosaic Foundation Of R & P Heydon is located in Ann Arbor, MI. The organization was established in 1990. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Mosaic Foundation Of R & P Heydon 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, Mosaic Foundation Of R & P Heydon generated $727.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $407.6k during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mosaic Foundation Of R & P Heydon has awarded 274 individual grants totaling $704,320. 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.
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 |
|---|---|---|---|
Peter N Heydon Director | 0 | $0 | |
Marie R Deveney Director | 0 | $0 | |
C Wendell Dunbar Director | 0 | $0 | |
Richard Handelman Director | 0 | $0 | |
C Allan Heydon Director | 0 | $0 | |
Scott N Heydon Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $3,566 |
| Dividends & Interest | $12,437 |
| Net Rental Income | $12,000 |
| Net Gain on Sale of Assets | $16,227 |
| Capital Gain Net Income | $16,227 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $583,587 |
| Total Revenue | $727,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,667 |
| Depreciation | $33,193 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33,146 |
| Total operating and administrative expenses | $87,056 |
| Contributions, gifts, grants paid | $320,500 |
| Total expenses and disbursements | $407,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,494,644 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,099,715 |
| Other assets | $87,319 |
| Total assets | $2,898,310 |
| 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, Mosaic Foundation Of R & P Heydon has awarded $320,500 in support to 93 organizations.
| Grant Recipient | Amount |
|---|---|
AEQUITAS INTERNATIONAL PURPOSE: SUPPORT SOCIAL JUSTICE | $1,000 |
ALZHEIMER'S DRUG DISCOVERY FOUNDATION PURPOSE: SUPPORT HEALTH BETTERMENT | $1,000 |
AFRICAN WILDLIFE FOUNDATION PURPOSE: SUPPORT ANIMAL WELFARE | $1,000 |
ALICE LLOYD COLLEGE PURPOSE: SUPPORT EDUCATION | $1,000 |
AMERICAN TRUST FOR THE BRITISH LIBRARY PURPOSE: SUPPORT MUSEUMS | $5,000 |
AUBURN- CORD- DUESENBERG MUSEUM PURPOSE: SUPPORT AUTOMOBILE CHARITIES | $1,000 |