NonprofitsMount Olivet Foundation

Mount Olivet Foundation

ARLINGTON, VA

Total revenue

$48K

Total expenses

$65K

Net assets

$1.9M

Grants received

$151K

5 grants

EIN

546073008

Tax year

2024

Mission

The Foundation makes grants and interest-free loans to post-secondary students and supports community organizations with grants for specific purposes. The Foundation provides stewardship of the financial resources entrusted to it.

Programs

1 program

During 2024 the Foundation provided grants ranging from $1,400 to $2,500 to eight community organizations that provide services preschool and low-income individuals.

Expenses: $14KGrants: $14K

Financials

FY 2024

Revenue

Contributions & grants$48K
Program service revenue$75
Investment income
Other revenue
Total revenue$48K

Expenses

Grants paid$58K
Salaries & benefits
Fundraising
Other expenses$6K
Total expenses$65K
Total assets$1.9M
Net assets$1.9M

People

20 listed

NameRoleCompensation

Cheryl Moore

President

Board

3 hrs/wk

Lucinda Maine

Development Chair

Board

2 hrs/wk

Cynthia Nelson

Loans Co-Chair

Board

2 hrs/wk

Elizabeth Wray

Loans Co-Chair

Board

2 hrs/wk

Steven Meek

Controller

Board

2 hrs/wk

Charlie Mullin

Investments Chair

Board

1 hrs/wk

Rick Ritter

Treasurer

Board

1 hrs/wk

Wayne Witting

Assistant Treasurer

Board

1 hrs/wk

Kathie Bailey

Grants Chair

Board

1 hrs/wk

Laura Jensen

Member

Board

1 hrs/wk

Rachel Hensler

Member

Board

1 hrs/wk

Jim Dake

Member

Board

1 hrs/wk

Martha Foster

Member

Board

1 hrs/wk

Susan Leland

Secretary

Board

1 hrs/wk

Victoria Metz

Member

Board

1 hrs/wk

Janet Oak

Vice President

Board

1 hrs/wk

Kim Roehl

Member

Board

1 hrs/wk

Michelle Banks

Member

Board

1 hrs/wk

Jane Hanson

Member

Board

1 hrs/wk

Matt Voigt

Member

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$13K
For grant recipient's exempt purposes
2021
$13K
For grant recipient's exempt purposes
2021
$61K
For grant recipient's exempt purposes
2020
$60K
SUPPORT PROGRAM
2020

Funded by

$151K from 3 funders · 5 grants · 2020–2021

Fidelity Investments Charitable Gift Fund

$86K · 3 grants · 2020–2021

Halstead Foundation

$60K · 1 grant · 2020

Details

EIN546073008
Subsection03
Ruling date1968-04
Formed1967
Employees0
Volunteers20
MOUNT OLIVET FOUNDATION — Mission, Financials & Grants Received | Grantivo