Mullin Family Foundation is located in Ocean, NJ. The organization was established in 2012. 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. Mullin Family 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 12/2023, Mullin Family Foundation generated $67.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $149.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mullin Family Foundation has awarded 248 individual grants totaling $910,430. 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
DONATIONS TO LOCAL AND NATIONAL CHARITABLE ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Ann Mullin President | 0 | $0 | |
Name Not Listed Vice Preside | 0 | $0 | |
Cathy Ann Keiser Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $146 |
| Dividends & Interest | $56,027 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,201 |
| Capital Gain Net Income | $321 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,450 |
| Total Revenue | $67,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,403 |
| Total operating and administrative expenses | $23,403 |
| Contributions, gifts, grants paid | $126,500 |
| Total expenses and disbursements | $149,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $162,650 |
| 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 | $2,009,717 |
| 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, Mullin Family Foundation has awarded $126,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ASBURY PARK MUSIC FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $3,000 |
COMMUNITY HOPE FUND (OCEAN TWP) PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
DOMINICAN NUNS PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
DR'S WITHOUT BORDERS PURPOSE: CHARITABLE CONTRIBUTION | $7,000 |
FULFILL - NEPTUNE PURPOSE: CHARITABLE CONTRIBUTION | $13,000 |
CARE PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |