NonprofitsMolloy Future Fund Inc

Education

Molloy Future Fund Inc

BRIARWOOD, NY

Total revenue

$3.6M

Total expenses

$15K

Net assets

$3.7M

Grants received

$325K

1 grants

EIN

934809893

Tax year

2024

Mission

Molloy future fund, inc. Is organized for the purpose of raising, receiving, and administering charitably donated funds, including funds for the purpose of permanent endowments, for the benefit of the various educational, charitable, and religious program, activities, events, organizations, facilities and agencies servicing and supporting the students and prospective students, including those with financial needs, participating in the greater community of the friends, families, supporters and alumni of archbishop molloy high school. The nature of the permanent endowment is to provide current income and long-term support for the operations of the fund for the benefit of the greater molloy community.

Financials

FY 2024

Revenue

Contributions & grants$3.5M
Program service revenue
Investment income$56K
Other revenue
Total revenue$3.6M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$15K
Total expenses$15K
Total assets$3.7M
Net assets$3.7M

People

3 listed

NameRoleCompensation

ROBERT MAINA

CHAIR

Board

5 hrs/wk

JOHN COSTER

DIRECTOR

Board

5 hrs/wk

PAUL KRISCHE

DIRECTOR

Board

5 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear

Funded by

$325K from 1 funder · 1 grant · 2023

Donor Advised Charitable Giving Inc

$325K · 1 grant · 2023

Details

EIN934809893
NTEE codeB80
Subsection03
Ruling date2024-04
Formed2023
Employees0
Volunteers3
MOLLOY FUTURE FUND INC — Mission, Financials & Grants Received | Grantivo