Melvoin Foundation FY2023 filing

Tax-deductible

Cambridge, MA501(c)(3)EIN 36-6047994Revenue $150K in FY2023

On file with the IRS1 Garden Ln, 02138-2338 · Cambridge, MATax-exempt since May 1963Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2023 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $34K a year · 11% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
23 mo
of spending, in cash
Looks good: 22.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$150K
-52% vs prior year
Spent
$204K
Net assets
$2.6M
By yearFY2020–FY2024
Revenue
$150K
FY2023▼ -52%
Tap a bar for its year
Revenue by fiscal year
FY2020$429K
FY2021$276K
FY2022$312K
FY2023$150K
FY2024$350K
Expenses
$204K
FY2023▼ -38%
Tap a bar for its year
Expenses by fiscal year
FY2020$254K
FY2021$303K
FY2022$330K
FY2023$204K
FY2024$253K
Net assets
$2.6M
FY2023▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.7M
FY2021$2.7M
FY2022$2.7M
FY2023$2.6M
FY2024$2.7M

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1963.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 78% · $160K Operating & administrative 22% · $44K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990-PF.

Part VII, Section A · reportable compensation
VP/Treasurer
$0Pt VII · Sec A
VP/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Melvoin Foundation executive salaries →

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Programs and updates

A private foundation based in Cambridge, MA.

Questions for Melvoin Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 55 grants · $205K · 2024–2024
Temple Shir TikvaMA · FY2024$20,000
The Steppingstone FoiundationFY2024$15,000
LaistFY2024$10,000
Epiphany SchoolFY2024$10,000
Wilshire Boulevard TempleCA · FY2024$9,000
Jewish Center for JusticeCA · FY2024$7,500
The Nature ConservancyVA · FY2024$7,000
Individual RecipientFY2024$6,000
Jewish Federation of Greater LsFY2024$5,000
Weinberg Center for Elder JusticeFY2024$5,000
United in HarmonyCA · FY2024$5,000
Les Turner Als FoundationFY2024$5,000
Henry's Fork FoundationFY2024$5,000
Harvard College FundFY2024$5,000
Field MuseumFY2024$5,000
Big SundayCA · FY2024$5,000
Individual RecipientFY2024$5,000
See all 55 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV25
Average grantPart XV$4K
Median grantPart XV$2K
Largest grantPart XV$20K
Top cause focusNTEEHuman Services (18%)

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$150K
Investment income$150K
Money out
$204K
Grants paid$160K
Running costs$44K
Owns and owes
$2.6M
net assets
Cash and savings$387K
Total assets$2.6M
Liabilities$0
People
4
listed
Paid0
2In more detail
Revenue in detail
Investment income$150K
Total revenue$150K
Assets in detailEnd of year
Cash and savings together$387K
Total assets$2.6M
Liabilities$0
Net assets$2.6M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $350K$253K$97K$2.7M 990 PDF
FY2023 Viewing $150K$204K−$54K$2.6M 990 PDF
FY2022 $312K$330K−$19K$2.7M 990 PDF
FY2021 $276K$303K−$27K$2.7M 990 PDF
FY2020 $429K$254K$175K$2.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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