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Mbi Educational Foundation Inc. is a private corporation based in CHARLOTTESVLE, VA. The foundation received its IRS ruling in 2001. The principal officer is % Judy Smith. It holds total assets of $635K. Annual income is reported at $476K. THE FOUNDATION DEVELOPS CLASSES FOR THE ADVANCED EDUCATION AND TRAINING IN MODULAR CONSTRUCTION METHODS AND TECHNIQUES. According to available records, Mbi Educational Foundation Inc. has made 9 grants totaling $20K, with a median grant of $2K. Annual giving has grown from $7K in 2021 to $13K in 2022. Individual grants have ranged from $2K to $3K, with an average award of $2K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in California, Arizona, New York, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION DEVELOPS CLASSES FOR THE ADVANCED EDUCATION AND TRAINING IN MODULAR CONSTRUCTION METHODS AND TECHNIQUES.
Expenses: $30K
THE FOUNDATION DEVELOPS CLASSES FOR THE ADVANCED EDUCATION AND TRAINING IN MODULAR CONSTRUCTION METHODS AND TECHNIQUES. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CA, AZ, NY.
Mbi Educational Foundation Inc. has distributed a total of $20K across 9 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $3K.
The application deadline is THE ANNUAL DEADLINE TO APPLY IS JULY 15.. SCHOLARSHIPS ARE LIMITED TO EMPLOYEES OF MBI MEMBER COMPANIES OR EMPLOYEE SPOUSES, CHILDREN, OR GRANDCHILDREN. APPLICANTS MUST BE ENROLLED OR ENROLLING IN A TWO- OR FOUR-YEAR INSTITUTION. ANY COURSE OF STUDY IS ELIGIBLE; IT DOES NOT HAVE TO BE RELATED TO CONSTRUCTION. APPLICANTS SHOULD HAVE AT LEAST A 3.0 HIGH SCHOOL OR COLLEGE GRADE POINT AVERAGE.
Mbi Educational Foundation Inc. is headquartered in CHARLOTTESVLE, VA. While based in VA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mike Rhoades | SEC./TREAS. | $0 | $0 | $0 |
| Steven Williams | EXEC. DIRECT | $0 | $0 | $0 |
| Kelly Williams | CHAIR | $0 | $0 | $0 |
| Kathy Wilmot | VICE CHAIR | $0 | $0 | $0 |
| Brad Gudeman | DIRECTOR | $0 | $0 | $0 |
Total Giving
$23K
Total Assets
$391K
Fair Market Value
$391K
Net Worth
$391K
Grants Paid
$5K
Contributions
$45K
Net Investment Income
$7K
Distribution Amount
$0
Total: $338K
Total Grants
9
Total Giving
$20K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
5
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Karen LimaSCHOLARSHIP | Phoenix, AZ | $3K | 2022 |
| Theresa PistochiniSCHOLARSHIP | Davis, CA | $2K | 2022 |
| Curtis HarringtonSCHOLARSHIP | West Sacramento, CA | $2K | 2022 |
| Rebecca DeanSCHOLARSHIP | West Islip, NY | $3K | 2021 |
| Cielomina GumabonSCHOLARSHIP | Las Vegas, NV | $2K | 2021 |
MUSKEGON, MI
KENMORE, WA
CHINO HILLS, CA
RALEIGH, NC
KEY WEST, FL
| Maury Tiernan |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Ralph Tavares | DIRECTOR | $0 | $0 | $0 |
| Michael Bollero Sr | DIRECTOR | $0 | $0 | $0 |
| Kent Anderson | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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