Mac Foundation

Organization Overview

Mac Foundation is located in Missoula, MT. The organization was established in 2017. According to its NTEE Classification (T31) the organization is classified as: Community 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. Mac 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 12/2021, Mac Foundation generated $11.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $572.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO IDENTIFY AND SUPPORT CHARITABLE PROGRAMS THAT ADDRESS THE NEEDS OF YOUNG VICTIMS OF ABUSE AND NEGLECT PARTICULARLY THOSE THAT HAVE MOVED INTO THE FOSTER CARE SYSTEM. THE ORGANIZATION IS PARTICULARLY FOCUSED ON RESEARCH AND EDUCATIONAL PROGRAMS TO IDENTIFY PROGRAMS THAT HAVE THE HIGHEST LIKELIHOOD OF POSITIVE OUTCOMES BOTH IN TERMS OF RELATIONAL PERMANENCE BUT ALSO IN TERMS OF EDUCATIONAL OUTCOMES THAT LEAD TO THE HIGHEST LEVEL EDUCATIONAL OPPORTUNITIES FOR FOSTER YOUTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S MISSION IS TO IDENTIFY AND SUPPORT CHARITABLE PROGRAMS THAT ADDRESS THE NEEDS OF YOUNG VICTIMS OF ABUSE AND NEGLECT PARTICULARLY THOSE THAT HAVE MOVED INTO THE FOSTER CARE SYSTEM. THE ORGANIZATION IS PARTICULARLY FOCUSED ON RESEARCH AND EDUCATIONAL PROGRAMS TO IDENTIFY PROGRAMS THAT HAVE THE HIGHEST LIKELIHOOD OF POSITIVE OUTCOMES BOTH IN TERMS OF RELATIONAL PERMANENCE BUT ALSO IN TERMS OF EDUCATIONAL OUTCOMES THAT LEAD TO THE HIGHEST LEVEL EDUCATIONAL OPPORTUNITIES FOR FOSTER YOUTH.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
CFO
$95,000
Marc Chasman
Board Chair
$0
Thomas Joyce
Director/tre
$0
Janice Stocklosa
Director
$0
Elizabeth Kalava
Director/sec
$0
Thomas Winn
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$11,000,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,000,000
Total Program Service Revenue$0
Investment income $65,759
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $400,625
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,466,384

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