Mizel Global Cultural Fund
- Assets
- $3.0m
- Revenue
- $2.3m
- Investments
- $1.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 84-1588664
Organization Overview
Mizel Global Cultural Fund is located in Denver, CO. The organization was established in 2001. 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. Mizel Global Cultural Fund 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, Mizel Global Cultural Fund generated $2.3m in total revenue. All expenses for the organization totaled $862.5k during the year ending 12/2022. While expenses have increased by 101.5% per year over the past 8 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 2016, Mizel Global Cultural Fund has awarded 29 individual grants totaling $2,270,350. 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 |
|---|---|---|---|
Larry A Mizel President | 1 | $0 | |
Carol Mizel Vice President | 1 | $0 | |
Cheston D Mizel Vice President | 1 | $0 | |
Carrie K Delima Secretary/treasurer | 1 | $0 | |
Julie Klahn Assistant Secretary | 1 | $0 | |
Steven Mizel Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,167,400 |
| Interest on Savings | $47,792 |
| Dividends & Interest | $21,930 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,578 |
| Capital Gain Net Income | $881,778 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,606 |
| Total Revenue | $2,265,306 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50,024 |
| Total operating and administrative expenses | $57,245 |
| Contributions, gifts, grants paid | $805,225 |
| Total expenses and disbursements | $862,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,219 |
| Savings and temporary cash investments | $2,992,133 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,017,353 |
| 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, Mizel Global Cultural Fund has awarded $805,225 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SWC MUSEUM CORP PURPOSE: GENERAL OPERATING SUPPORT | $800,000 |
HUNDRED CLUB OF DENVER PURPOSE: GENERAL OPERATING SUPPORT | $225 |
YESHIVA TORAS CHAIM PURPOSE: GENERAL OPERATING SUPPORTGENERAL OPERATING SUPPORTGENERAL OPERATING SUPPORT | $5,000 |