Moneygram Foundation Inc
- Assets
- $99.4k
- Revenue
- $849.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 45-4157335
Organization Overview
Moneygram Foundation Inc is located in Dallas, TX. The organization was established in 2013. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Moneygram Foundation Inc 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 12/2021, Moneygram Foundation Inc generated $849.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $802.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Moneygram Foundation Inc has awarded 154 individual grants totaling $7,897,141. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Angelilli Chief Financial Officer | 1 | $0 | |
W Alexander Holmes Director | 5 | $0 | |
Jennifer Brevelle Former Associate General Counsel | 1 | $0 | |
Brandon Gooch Assistant Treasurer | 1 | $0 | |
Kamila Chytil Director | 1 | $0 | |
Grant Lines Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $849,832 |
| Interest on Savings | $0 |
| 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 | $849,832 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $801,972 |
| Total expenses and disbursements | $801,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,636 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,372 |
| Net Pledges Receivable | $3,389 |
| 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 | $99,397 |
| Accounts payable and accrued expenses | $8,238 |
| 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 | $8,238 |
Grants Awarded
Over the last fiscal year, Moneygram Foundation Inc has awarded $801,972 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
SAVE THE CHILDREN PURPOSE: THIS GRANT WILL HELP FUND THIS ORGANIZATIONS CHILDREN EMERGENCY FUND. | $150,000 |
YOUNG ENTERPRISE PURPOSE: THIS GRANT WILL FUND YOUNG ENTERPRISE'S COMPANY PROGRAMME IN 2021. | $60,337 |
Providence, RI PURPOSE: THIS GRANT WILL FUND THIS ORGANIZATION'S CRISIS RELIEF LOAN FUND. | $60,000 |
SAVE THE CHILDREN PURPOSE: THIS GRANT WILL FUND THIS ORGANIZATION'S ENTERPRISE-BASED TECHNICAL VOCATION EDUCATION AND TRAINING (EBTVET) PROGRAM. | $60,000 |
Dallas, TX PURPOSE: THIS GRANT WILL HELP FUND THIS ORGANIZATION'S INTERNSHIP PROGRAM FOR JUSTICE-INVOLVED YOUTH. | $60,000 |
JA ITALIA PURPOSE: THIS GRANT WILL FUND JA ITALIA'S ENTREPRENEURSHIP EDUCATION PROGRAMS, IDEAS IN ACTION AND COMPANY PROGRAMME, IN 2021. | $56,710 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Hamm Foundation Oklahoma City, OK | $15,100,240 | $36,211,204 |
Hildebrand Foundation Houston, TX | $114,322,883 | $23,614,226 |
Carl A Davis And Lois E Davis Foundation Houston, TX | $0 | $544,470 |
Hirsch Family Foundation Dallas, TX | $52,981,348 | $34,969,949 |
Entergy Charitable Foundation New Orleans, LA | $10,718,766 | $2,697,786 |
Smith Family Foundation Austin, TX | $2,063,167 | $8,401,265 |
Nancy Smith Hurd Foundation Tr San Antonio, TX | $73,883,656 | $7,181,888 |
Santander Consumer Usa Inc Foundation Dallas, TX | $61,196,374 | $60,000,000 |
Hal & Charlie Peterson Foundation Kerrville, TX | $63,600,144 | $3,895,944 |
Boone Family Foundation Dallas, TX | $0 | $1,805,045 |
William A Brookshire Foundation Lakeway, TX | $44,188,133 | $14,237,408 |
Con Alma Health Foundation Santa Fe, NM | $33,283,264 | $4,439,981 |