Mulago Foundation
- Assets
- $0.0
- Revenue
- $7.2m
- Investments
- $330.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1968
- Data as of
- 12/2020
- EIN
- 94-6182697
Organization Overview
Mulago Foundation is located in New York, NY. The organization was established in 1968. 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. Mulago 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 12/2020, Mulago Foundation generated $7.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (44.7%) each year. All expenses for the organization totaled $22.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mulago Foundation has awarded 672 individual grants totaling $210,110,687. 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 |
|---|---|---|---|
Kevin Starr Managing Director | 40 | $402,893 | |
Kristin Gillis Senior Investment Pa | 40 | $274,491 | |
Laura Hattendorf Head Of Investments | 40 | $226,036 | |
Sarah Miers Investment Partner | 40 | $162,029 | |
Maria Elena Franco Fellows Manager | 40 | $162,029 | |
Allison Gates Investment Partner | 40 | $153,774 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bernie Tershy | 12/30/20 | $80,475 |
Arnhold Llc | 12/30/20 | $679,772 |
Rsm Us Llp | 12/30/20 | $107,605 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $75,326 |
| Dividends & Interest | $1,495,912 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,204,650 |
| Total Revenue | $7,159,172 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $367,000 |
| Pension plans, employee benefits | $251,017 |
| Depreciation | $7,166 |
| Occupancy | $59,000 |
| Travel, conferences, and meetings | $75,792 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $3,501,121 |
| Contributions, gifts, grants paid | $19,293,000 |
| Total expenses and disbursements | $22,794,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,602 |
| Investments—mortgage loans | $0 |
| Investments—other | $281,267,066 |
| Other assets | $5,707,661 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mulago Foundation has awarded $22,722,001 in support to 119 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE VENTURES CONSERVATION PURPOSE: RELIEF TO THE POOR | $800,000 |
SAVELIFE FOUNDATION PURPOSE: RELIEF TO THE POOR | $600,000 |
HEALTHY KIDS BRIGHTER FUTURE INC PURPOSE: RELIEF TO THE POOR | $500,000 |
LIVELY MINDS PURPOSE: RELIEF TO THE POOR | $500,000 |
BETTER COOKING PURPOSE: DEVELOPMENT IN A NEXT-GENERATION STOVE | $500,000 |
Essex Junction, VT PURPOSE: RELIEF TO THE POOR | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |