Matthew S Essieh And Family Foundation
- Assets
- $1.1m
- Revenue
- $32.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 93-1282998
Organization Overview
Matthew S Essieh And Family Foundation is located in Portland, OR. 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. Matthew S Essieh And Family 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 12/2023, Matthew S Essieh And Family Foundation generated $32.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $101.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Matthew S Essieh And Family Foundation has awarded 158 individual grants totaling $1,408,592. 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 |
|---|---|---|---|
Matthew S Essieh President | 8 | $0 | |
Ella Essieh Secretary | 2 | $0 | |
Kwame Essieh Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $15,691 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,733 |
| Capital Gain Net Income | $16,858 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,613 |
| Taxes | $822 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,002 |
| Total operating and administrative expenses | $12,063 |
| Contributions, gifts, grants paid | $89,358 |
| Total expenses and disbursements | $101,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,210 |
| Savings and temporary cash investments | $15 |
| Net Accounts receivable | $14,798 |
| 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 | $1,052,991 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,100,014 |
| 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 | $62,804 |
| Total liabilities | $62,804 |
Grants Awarded
Over the last fiscal year, Matthew S Essieh And Family Foundation has awarded $89,358 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S AIDS ART PROGRAMME PURPOSE: OPERATING SUPPORT | $2,000 |
NAPE FOUNDATION PURPOSE: EDUCATION | $5,206 |
PORTLAND OPERA PURPOSE: OPERATING SUPPORT | $5,000 |
MSEF CHARITABLE FOUNDATION PURPOSE: OPERATING SUPPORT, ACADEMIC SCHOLARSHIPS | $32,700 |
ST ANDREWS NATIVITY SCHOOL PURPOSE: EDUCATION | $1,500 |
CANTORES IN ECCLESIA LTD PURPOSE: OPERATING SUPPORT | $2,530 |