Mfa Oil Foundation is located in Columbia, MO. The organization was established in 2000. 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. Mfa Oil 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 08/2023, Mfa Oil Foundation generated $193.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $337.2k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mfa Oil Foundation has awarded 686 individual grants totaling $2,187,413. 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
GRANTS TO NON PROFIT ORGANIZATIONS PRIMARILY IN RURAL AREAS OF THE STATE OF MISSOURI.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Ihler Chairman | 1 | $0 | |
James Greer Member | 1 | $0 | |
Karalee Curtis Member | 1 | $0 | |
Trevor Honeycutt Member | 1 | $0 | |
Michael Whitney Vice Chairma | 1 | $0 | |
Luke Fitzpatrick Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $203,678 |
| Interest on Savings | $18,227 |
| Dividends & Interest | $125,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$153,577 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $193,789 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,896 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $168 |
| Other expenses | $141 |
| Total operating and administrative expenses | $36,979 |
| Contributions, gifts, grants paid | $300,220 |
| Total expenses and disbursements | $337,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,281 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,575,692 |
| 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, Mfa Oil Foundation has awarded $300,220 in support to 118 organizations.
| Grant Recipient | Amount |
|---|---|
MISSOURI FARMERS CARE FOUNDATION PURPOSE: AGRICULTURE EDUCATION ON THE MOVE - | $50,000 |
DALLAS COUNTY HEALTH DEPARTMENT PURPOSE: AED AND WALL CABINET | $1,400 |
HOLTS SUMMIT FIRE PROTECTION DISTRI PURPOSE: ROPE RESCUE EQUIPMENT | $1,000 |
CLARK COUNTY FIRE CORP PURPOSE: SCBA BOTTLES | $2,000 |
CULVER-STOCKTON COLLEGE PURPOSE: ELECTRIC CLAY TARGET THROWER | $1,000 |
MACON COUNTY SHERIFFS DEPARTMENT PURPOSE: GERMAN SHEPHERD PATROL K-9 DOG | $2,000 |