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Mvma Foundation EIN 55-0853578

Mvma Foundation

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A private foundation based in Schenectady, NY. It reported about $41K in revenue for 2024. For fiscal year 2025 it reported $41K in revenue, $23K in expenses, and $305K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Schenectady, NY
Website
www.mvma.net/the_mvma_foundation
Filings
5 on file (2021–2025)
Revenue
$41KFY2025
Expenses
$23K
Net assets
$305K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  55-0853578 Private foundation / grantmaker Schenectady, NY
Form 990 (PDF)
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Size
<$100K
What they do
A private foundation based in Schenectady, NY. It reported about $41K in revenue for 2024.
Leadership
Richard B Toll MD · Chairman
Money in and out
$41K revenue, $23K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$41K
Pt VIII · Ln 12
Total expenses
$23K
Pt IX · Ln 25
Net assets
$305K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $18K
Total assets
305K
deployed as grants and operations
Grants paid
18K
in FY2025
Grants made
6grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 6 grants · $18K · 2024–2024
The Sage Colleges Corp ConnectionsFY2024$3,000
Maria CollegeNY · FY2024$3,000
Empire State College FoundationFY2024$3,000
Ellis Medicine Balanger SchoolFY2024$3,000
Samaritan Hospital Nursing SchoolFY2024$3,000
Sphp Center for PhilanthropyFY2024$3,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$3K
Median grantPart XV$3K
Largest grantPart XV$3K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$41K
FY2025▲ +40%
Expenses
$23K
FY2025▲ +31%
Total assets
$305K
FY2025▲ +6%
Total liabilities
$0
FY2025
Total revenue
$41K
Pt VIII · Ln 12
Total expenses
$23K
Pt IX · Ln 25
Net assets
$305K
Pt X · Ln 32
Total assetsPt II$305K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMvma Foundation
EINHdr · item D55-0853578
Principal addressHdr · item CSchenectady, NY
WebsiteHdr · item Jwww.mvma.net/the_mvma_foundation
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFSep 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
David Oliker
Vice Chair &
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$30K · 73%
Investment income$11K · 27%
Contributions & grants73%$30K
Investment income27%$11K
Total revenueLn 12$41K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.77 Operating & administrative $0.23
Grants & contributions paid77%$18K
Operating & administrative23%$5K
Total functional expensesLn 25$23K

Balance Sheet

Part X · end of year
CashLn 1$40K
Total assetsLn 16$305K
Total liabilitiesLn 26$0
Total net assetsLn 32$305K
Months of cash on handcomputed20.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $305K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $41K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $41K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $41K · Prior year $29K
+40%
Net-asset trend (YoY)
End of year $305K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $41K · Expenses $23K
+43%
Liabilities-to-Assets
Total liabilities — · Total assets $305K
—
Net-asset ratio
Net assets $305K · Total assets $305K
100%
People & payroll
Highest Reported Total Compensation
Individual Richard B Toll MD · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $23K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 40%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$41K revenue · viewing · ⤓ 990 PDF
FY2024$29K revenue · ⤓ 990 PDF
FY2023$26K revenue · ⤓ 990 PDF
FY2022$36K revenue · ⤓ 990 PDF
FY2021$24K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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