M M Foundation
- Assets
- $364.3k
- Revenue
- $46.6k
- Investments
- $305.6k
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 81-0760482
Organization Overview
M M Foundation is located in Omaha, NE. The organization was established in 2015. 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. M M 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 12/2022, M M Foundation generated $46.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $40.5k during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, M M Foundation has awarded 118 individual grants totaling $268,510. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Landen Sr President/treasurer: As Needed | 0 | $0 | |
Clarence L Landen III Vice President/sec.: As Needed | 0 | $0 | |
Shirley L Huerter Director: As Needed | 0 | $0 | |
Nancy L Kerr Director: As Needed | 0 | $0 | |
Michael P Landen Director: As Needed | 0 | $0 | |
Diane N Landen Director: As Needed | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,761 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$21,409 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $260 |
| Total Revenue | $46,612 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,008 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,473 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $40,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,269 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $435 |
| 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 | $364,344 |
| 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 |
Grants Awarded
Over the last fiscal year, M M Foundation has awarded $25,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
GRANT HALLIBURTON FOUNDATION PURPOSE: TO SUPPORT THE MENTAL HEALTH NAVIGATION LINE PROGRAM | $1,000 |
NORTHSTAR FOUNDATION PURPOSE: TO SUPPORT THE MATH PROGRAM, $1,000; GENERAL PROGRAMS, $1,000. | $2,000 |
MOSAIC FAMILY SERVICES INC PURPOSE: TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION | $1,500 |
OKOBOJI YACHT CLUB SAILING SCHOOL PURPOSE: TO SUPPORT THE CARE OF THE FLAG | $500 |
PROJECT HARMONY PURPOSE: TO SUPPORT GENERAL PROGRAMS AND STAFFING OF THE ORGANIZATION | $1,000 |
BOYS & GIRLS CLUBS OF GREATER DALLAS INC PURPOSE: TO SUPPORT THE ORGANIZATION'S PROGRAM FOR ACADEMIC SUCCESS | $1,000 |