Also known as: FOUNDATION
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Arthur K Muselman Family Foundation Inc. is a private corporation based in BERNE, IN. The foundation received its IRS ruling in 1978. It holds total assets of $1.6M. Annual income is reported at $707K. Total assets have decreased from $2.4M in 2011 to $1.9M in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Indiana and Kentucky. According to available records, Arthur K Muselman Family Foundation Inc. has made 46 grants totaling $463K, with a median grant of $5K. Annual giving has grown from $155K in 2020 to $308K in 2022. Individual grants have ranged from $500 to $50K, with an average award of $10K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Indiana, Pennsylvania, Texas, which account for 72% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$11K
Largest Grant
$50K
Based on 14 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Arthur K Muselman Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in IN, PA, TX.
Arthur K Muselman Family Foundation Inc. has distributed a total of $463K across 46 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $500 to $50K.
Arthur K Muselman Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Arthur K Muselman Family Foundation Inc. is headquartered in BERNE, IN. While based in IN, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David R Thomas | TREASURER | $0 | $0 | N/A |
| Naomi A Muselman | SECRETARY | $0 | $0 | N/A |
| Karen E Thomas | VICE PRESIDE | $0 | $0 | N/A |
| Roger C Muselman | PRESIDENT | $0 | $0 | N/A |
Total Giving
$328K
Total Assets
$1.9M
Fair Market Value
$1.9M
Net Worth
$1.9M
Grants Paid
$314K
Contributions
N/A
Net Investment Income
$88K
Distribution Amount
$101K
Total: $942K
Total Grants
46
Total Giving
$463K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Taylor UniversitySCHOLARSHIPS | Upland, IN | $48K | 2022 |
| RemedylivePROGRAM SUPPORT | Fort Wayne, IN | $30K | 2022 |
| Global DisciplesPROGRAM SUPPORT | Lancaster, PA | $15K | 2022 |
| Hope India MissionPROGRAM SUPPORT | Decatur, IN | $10K | 2022 |
| ScanPROGRAM SUPPORT | Fort Wayne, IN | $5K | 2022 |
| Time To RevivePROGRAM SUPPORT | Richardson, TX | $5K | 2022 |
| Alpha MinistriesPROGRAM SUPPORT | Madison Heights, VA | $5K | 2022 |
| Youth For Christ Of Adams JayPROGRAM SUPPORT | Bluffton, IN | $5K | 2022 |
| Youth For Christ UsaPROGRAM SUPPORT | Bluffton, IN | $5K | 2022 |
| Asbury Theological SeminaryPROGRAM SUPPORT | Wilmore, KY | $5K | 2022 |
| Arise ChurchPROGRAM SUPPORT | Roanoke, IN | $5K | 2022 |
| Amerson Music MinistriesPROGRAM SUPPORT | Granada Hills, CA | $5K | 2022 |
| Apartment LifePROGRAM SUPPORT | Euless, TX | $5K | 2022 |
| Huntington UniversitySCHOLARSHIPS | Huntington, IN | $4K | 2022 |
| Wbcl Radio NetworkPROGRAM SUPPORT | Fort Wayne, IN | $1K | 2022 |
| Prince Of Peace Home For GirlsPROGRAM SUPPORT | Mt Sterling, KY | $500 | 2022 |
| Swiss Village Retirement CommunityCHARITY | Berne, IN | $50K | 2020 |
| ForgeCHARITY | Milwaukee, WI | $5K | 2020 |