Mona Foundation

Organization Overview

Mona Foundation is located in Bellevue, WA. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Mona Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mona 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, Mona Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 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 2015, Mona Foundation has awarded 15 individual grants totaling $597,897. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MONA FOUNDATION SUPPORTS GRASSROOTS INITIATIVES AROUND THE WORLD THAT EDUCATE ALL CHILDREN, EMPOWER WOMEN AND GIRLS, AND ENABLE THEM TO TRANSFORM THEIR OWN COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STUDY HALL EDUCATIONAL FOUNDATION, LUCKNOW, INDIA: 1.79,12 SCHOOLS SERVED, 664,806 STUDENTS EDUCATED, AND 137,130 TEACHERS TRAINED ACROSS ALL SHEFS PROGRAMS.2.AAROHINI PROGRAM EMPOWERED 77,710 STUDENTS, TRAINED 136,912 TEACHERS VIA ZOOM AND YOUTUBE LIVE3.PROVIDED 150 K-12 SCHOLARSHIPS AND 20 COLLEGE SCHOLARSHIPS4.SCALED GYANSETU (ONE-ROOM SCHOOLS) IN SLUMS AND REMOTE VILLAGES FROM 63 TO 100 CENTERS AND 3,000 STUDENTS THROUGH USE OF TECHNOLOGY.5.INDIAS DAUGHTERS CAMPAIGN ENGAGED 6,205 CHILDREN; 1,730 TEACHERS INVOLVED IMPACTING 31,025 COMMUNITY MEMBERS6.DSH ONLINE INCREASED ITS SUBSCRIBERS 118,000, WITH OVER 19 MILLION VIEWS. 443 NEW VIDEOS PRODUCED THIS YEAR.


EDUCATIONAL INITIATIVE, INDIA: 1.PROVIDED MINDSPARK ONLINE (SOFTWARE TO IMPROVE LEARNING AND BRING CHILDREN IN UNDER-SERVED COMMUNITIES TO GRADE LEVEL) TO 48,945 STUDENTS IN 3 PROVINCES IN INDIA2.30,000 PARENTS WERE TRAINED OR ENGAGED IN THEIR CHILDRENS EDUCATION3.970 TEACHERS WERE TRAINED


SUNFLOWER MISSION, VIETNAM: 1.REPAIRED AND EXPANDED TUY DUONG SCHOOL IN PHU YEN PROVINCE (CONSTRUCTION FUNDED BY MONA IN 2011) SERVING 300 STUDENTS.2.PROVIDED ON-GOING SCHOLARSHIP SUPPORT TO 10 MEDICAL STUDENTS, 20 COLLEGE STUDENTS AND 300 K-12 STUDENTS


DIRECT GIFT OF EDUCATIONAL NECESSITIES TO ENHANCE STUDENT ACADEMIC ACHIEVEMENT IN VARIOUS SCHOOLS AROUND THE WORLD.


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Board, Officers & Key Employees

Name (title)Compensation
Mahnaz Javid
President
$129,583
Duy-Loan Le
Chairperson
$0
Kim Clark
Secretary
$0
David Wood
Treasurer
$0
Nooshin Darvish
Director
$0
David Khorram
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$429,066
Related organizations$0
Government grants $38,845
All other contributions, gifts, grants, and similar amounts not included above$1,781,984
Noncash contributions included in lines 1a–1f $100,854
Total Revenue from Contributions, Gifts, Grants & Similar$2,249,895
Total Program Service Revenue$0
Investment income $73,227
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$4,671
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$290
Miscellaneous Revenue$0
Total Revenue $2,318,161

Grants Awarded

Over the last fiscal year, Mona Foundation has awarded $39,467 in support to 4 organizations.

Grant RecipientAmount

PARENT UNIVERSITY

PURPOSE: Education Support

$15,000

PIRU RANCHO SESPE FULL CIRCLE

Org PageRecipient Profile

Grass Valley, CA

PURPOSE: Education Support

$14,050

Peekskill, NY

PURPOSE: Education Support

$5,750

TARZANA SCHOOL FULL CIRCLE

Org PageRecipient Profile

Grass Valley, CA

PURPOSE: Education Support

$4,667
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Mona Foundation has recieved totaling $241,061.

Awarding OrganizationAmount
Wayfarer Foundation

Highland Park, IL

PURPOSE: GENERAL OPERATING SUPPORT

$80,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$75,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$50,584
Cotopaxi Foundation

Salt Lake City, UT

PURPOSE: UNRESTRICTED

$20,000
Danpaul Foundation

Blountville, TN

PURPOSE: NON-EXISTANCE SCHOOLS EDUCATION

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$2,247
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,278,504
Earnings$374,915
Net Contributions$228,342
Ending Balance$1,881,761

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