Mae Philanthropies
- Assets
- $0.0
- Revenue
- $28.9m
- Investments
- $91.3m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 81-0868725
Organization Overview
Mae Philanthropies is located in Palo Alto, CA. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Mae Philanthropies 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, Mae Philanthropies generated $28.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $19.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mae Philanthropies has awarded 15 individual grants totaling $21,532,404. 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 |
|---|---|---|---|
James J Goetz President, Chair Of The Bo | 2 | $0 | |
Melanie M Goetz Secretary, Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,250,220 |
| Interest on Savings | $50,788 |
| Dividends & Interest | $21,041 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,235,618 |
| Total Revenue | $28,935,151 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,226,489 |
| Contributions, gifts, grants paid | $18,089,904 |
| Total expenses and disbursements | $19,316,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,602,721 |
| Investments—mortgage loans | $0 |
| Investments—other | $70,233,499 |
| Other assets | $3,621,615 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mae Philanthropies has awarded $1,517,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHARITIES AID FOUNDATION AMERICA ANDREA BOCELLI FOUNDATION PURPOSE: TO PROVIDE ASSISTANCE TO THOSE IN SITUATIONS OF POVERTY, ILLNESS, AND WITH COMPLEX SOCIAL ISSUES THAT STUNT OR REDUCE THEIR QUALITY OF LIFE | $60,000 |
GREATER MIAMI JEWISH FUND PURPOSE: TO HELP AID JEWS IN NEED | $25,000 |
THE BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: TO PROVIDE ALL YOUNG JEWISH ADULTS WITH OPPORTUNITIES FOR TRANSFORMATIVE AND IMMERSIVE SHARED EXPERIENCES IN ISRAEL | $25,000 |
BRAZIL FOUNDATION PURPOSE: TO CONNECT LEADERS AND CIVIL SOCIETY ORGANIZATIONS WITH GLOBAL SUPPORT NETWORKS THAT PROMOTE EQUITY, SOCIO-ENVIRONMENTAL JUSTICE, AND OPPORTUNITIES IN BRAZIL. | $15,000 |
LIVING THROUGH GIVING FOUNDATION PURPOSE: TO CONNECT INDIVIDUALS THROUGH ORGANIZED ACTS OF LOVE, MEANING, ADVOCACY, AND PURPOSE | $62,500 |
TEMPLE BETH FUND PURPOSE: TO BE A PLACE WHERE PRAYER, LEARNING AND TIKKUN OLAM ARE VITAL AND FULFILLING COMPONENTS OF OUR JEWISH COMMUNITY | $30,000 |