//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mica Medical Foundation is a private corporation based in PHOENIX, AZ. The foundation received its IRS ruling in 2014. The principal officer is Mutual Insurance Company Of. It holds total assets of $1M. Annual income is reported at $468K. Total assets have grown from $66K in 2014 to $944K in 2023. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Arizona. According to available records, Mica Medical Foundation has made 28 grants totaling $1.5M, with a median grant of $8K. Annual giving has grown from $349K in 2021 to $766K in 2023. Individual grants have ranged from $6K to $328K, with an average award of $53K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Arizona. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$8K
Average Grant
$50K
Largest Grant
$303K
Based on 7 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.
Mica Medical Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in AZ.
Mica Medical Foundation has distributed a total of $1.5M across 28 grants. The median grant size is $8K, with an average of $53K. Individual grants have ranged from $6K to $328K.
The application deadline is OPEN ENDED. See www.mica-insurance.com/aboutus/medicalfoundation.
Mica Medical Foundation is headquartered in PHOENIX, AZ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roseanne Collins M D | BOARD CHAIR, DIRECTOR | $0 | $0 | N/A |
| Edward G Marley | TREASURER | $0 | $0 | N/A |
| Ronald E Malpiedi | BOARD SECRETARY | $0 | $0 | N/A |
| James F Carland Iii M D | BOARD PRESIDENT | $0 | $0 | N/A |
| Steven P Matteucci J D | DIRECTOR | $0 | $0 | N/A |
| Kristin Kenny | Director | $0 | $0 | N/A |
| Sherry Haworth | Director | $0 | $0 | N/A |
| Karen J Nichols D O | DIRECTOR | $0 | $0 | N/A |
Total Giving
$430K
Total Assets
$944K
Fair Market Value
$944K
Net Worth
$397K
Grants Paid
$427K
Contributions
$415K
Net Investment Income
$37K
Distribution Amount
$47K
Total: $784K
Total Grants
28
Total Giving
$1.5M
Average Grant
$53K
Median Grant
$8K
Unique Recipients
8
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Joseph'S Hospital FoundationRESIDENT GRANT | Phoenix, AZ | $328K | 2023 |
| University Of Arizona FoundationACADEMIC EXCELLENCE DAY SPONSOR | Phoenix, AZ | $13K | 2023 |
| Arizona Medical Association FoundationLEADERSHIP CONFERENCE SPONSOR | Phoenix, AZ | $12K | 2023 |
| A T Still UniversitySCHOLASTIC ACHIEVEMENT AWARDS | Mesa, AZ | $8K | 2023 |
| University Of Arizona College Of Medicine - TucsonSCHOLASTIC ACHIEVEMENT AWARDS | Tucson, AZ | $8K | 2023 |
| Midwestern UniversitySCHOLASTIC ACHIEVEMENT AWARDS | Glendale, AZ | $8K | 2023 |
| University Of Arizona College Of Medicine - PhxSCHOLASTIC ACHIEVEMENT AWARDS | Phoenix, AZ | $8K | 2023 |
| University Of Arizona College Of Medicine-PhoenixSCHOLASTIC ACHIEVEMENT AWARDS | Phoenix, AZ | $8K | 2021 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ