Mbk Foundation
- Assets
- $1.7m
- Revenue
- $43.2k
- Investments
- $1.7m
- Employees
- 0
- Location
- Alameda, CA
- Founding
- 06/1993
- Data as of
- 12/2023
- EIN
- 94-3163451
Organization Overview
Mbk Foundation is located in Alameda, CA. The organization was established in 1993. 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. Mbk 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, Mbk Foundation generated $43.2k 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 (21.4%) each year. All expenses for the organization totaled $110.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mbk Foundation has awarded 212 individual grants totaling $824,350. 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 |
|---|---|---|---|
Thomas W Keating CEO & Director | 0.25 | $0 | |
Thomas D Keating Vp/asst Sec/dir | 0.25 | $0 | |
James M Keating Vp/asst Sec/dir | 0.25 | $0 | |
Kendra C Keating Cfo/vp/director | 0.25 | $0 | |
Irene M Keating Vp/director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,971 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,207 |
| Capital Gain Net Income | $1,207 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,236 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $8,826 |
| Contributions, gifts, grants paid | $101,850 |
| Total expenses and disbursements | $110,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,958 |
| Savings and temporary cash investments | $9,348 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,738,692 |
| 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, Mbk Foundation has awarded $101,850 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALS THERAPY DEVELOPEMENT INSTITUTE PURPOSE: RESEARCH EFFECTIVE TREATMENTS FOR ALS DISEASE | $18,000 |
BIG SKY BRAVERY PURPOSE: POST DEPLOYMENT DECOMPRESSION PROGRAMS FOR SPECIAL OPS FORCES | $9,000 |
BISHOP O'DOWD HIGH SCHOOL PURPOSE: ACADEMIC SCHOLARSHIPS | $10,000 |
COLORADO COALITION FOR THE HOMELESS PURPOSE: SUPPORT PEOPLE ACHIEVING & MAINTAINING HOUSING STABILITY | $2,000 |
EXTREME COMMUNITY MAKEOVER PURPOSE: COORDINATE VOLUNTEER TEAMS TO HELP RESIDENTS IMPROVE THEIR HOMES & NEIGHBORHOODS | $3,000 |
HANDI DOGS PURPOSE: SERVICE DOGS FOR OLDER ADULTS & PEOPLE WITH DISABILITIES | $1,000 |