Mary Catherine Bunting Fundation

The information for Mary Catherine Bunting Foundation is as of the organization's most recent filing in December '21. This organization is located in Hunt Valley, MD. It has been in existence for 23 years, following its founding in 1998.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Mary Catherine Bunting Foundation's NTEE code is T22. The "T" indicates that the organization falls under the category of Philanthropy, Voluntarism & Grantmaking Foundations. The "22" signifies that it is a Private Independent Foundation. Private Independent Foundations are private foundations that make grants based on charitable endowments and are primarily focused on grantmaking rather than fundraising. They are typically endowed by a single individual or family and are considered family foundations if relatives or the original donor are still involved in the foundation's operations. Additionally, the Mary Catherine Bunting Foundation is classified under Section Code 3, which encompasses Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals Organizations.

Grant History

Our dataset includes five years of grant history for the Mary Catherine Bunting Foundation. Over this period, they have awarded a total of 45 grants, with an average check size of $155,181. On average, the organization awards nine grants each year. The majority of their grants were awarded in the Philanthropy, Voluntarism & Grantmaking Foundations (6) and Human Services (6) sectors, with three grants awarded in the Education sector. The foundation has primarily focused on awarding grants in the state of Maryland (37), followed by Missouri (6) and Washington D.C. (2).

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $76,003,751
Interest on Savings $0
Dividends & Interest $10,287
Net Rental Income$0
Net Gain on Sale of Assets $27,362,788
Capital Gain Net Income $27,362,788
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$698
Total Revenue $103,376,128

Grants Awarded

Over the last fiscal year, Mary Catherine Bunting Fundation has awarded $2,650,000 in support to 12 organizations.

Grant RecipientAmount

MERCY INTERNATIONAL MINISTRY

Org PageRecipient Profile

Baltimore, MD

PURPOSE: TO ENCOURAGE AND NURTURE THE FLOURISHING OF THE MERCY CHARISM WITHIN THE VARIOUS CULTURES OF THE WORLD

$1,000,000

CATHOLIC CHARITIES OF BALTIMORE

PURPOSE: TO IMPROVE THE LIVES OF MARYLANDERS IN NEED

$500,000

ST VINCENT DE PAUL

PURPOSE: TO SUPPORT THOSE IMPACTED BY POVERTY TO HAVE THE SKILLS, RESOURCES, AND OPPORTUNITY TO ACHIEVE THEIR FULL POTENTIAL

$420,000

MARYLAND FOOD BANK

Org PageRecipient Profile

Baltimore, MD

PURPOSE: CONTRIBUTIONS TO END HUNGER

$130,000

NATIONAL AQUARIUM BALTIMORE

PURPOSE: TO INSPIRE CONSERVATION OF THE WORLD'S AQUATIC TREASURES

$130,000

HEALTH CARE FOR THE HOMELESS INC

Org PageRecipient Profile

Baltimore, MD

PURPOSE: TO PROVIDE WHOLE-PERSON HEALTH CARE AND SUPPORTIVE SERVICES TO INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS

$130,000
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