Maas Foundation Inc
- Assets
- $1.6m
- Revenue
- $32.4k
- Investments
- $1.6m
- Employees
- 0
- Location
- Pewaukee, WI
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 46-1632345
Organization Overview
Maas Foundation Inc is located in Pewaukee, WI. The organization was established in 2014. 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. Maas 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 12/2022, Maas Foundation Inc generated $32.4k 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 (13.1%) each year. All expenses for the organization totaled $92.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Maas Foundation Inc has awarded 50 individual grants totaling $293,801. 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 |
|---|---|---|---|
Thomas E Maas President/director | 0 | $0 | |
Duane A Maas Director | 0 | $0 | |
Thomas J Maas Sec/treas | 0 | $0 | |
Jon K Maas Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,776 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,384 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,440 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$9,112 |
| Total operating and administrative expenses | $1,649 |
| Contributions, gifts, grants paid | $90,500 |
| Total expenses and disbursements | $92,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,958 |
| 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 | $1,551,826 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,567,784 |
| Accounts payable and accrued expenses | $1,971 |
| 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 | $1,971 |
Grants Awarded
Over the last fiscal year, Maas Foundation Inc has awarded $90,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BREAD OF HEALING PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSES | $4,000 |
JDRF PURPOSE: TO FURTHER THE RESEARCH FOR JUVENILE DIABETES. EIN: 23-1907729 | $2,000 |
SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSES | $500 |
TREES FOR THE FUTURE PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSES | $5,000 |
LITTLE JOHN'S KITCHEN PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSES | $5,000 |
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: TO GIVE FINANCIAL AID TO STUDENTS TO PURSUE THEIR EDUCATION DREAMS WITHOUT ADDITIONAL HARDSHIP IN LIFE. | $20,000 |