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Microcredit Foundation Inc. is a private corporation based in MINNETONKA, MN. The foundation received its IRS ruling in 2004. The principal officer is % Tax Department. It holds total assets of $312K. Annual income is reported at $16K. The foundation operates in the area of international. According to available records, Microcredit Foundation Inc. has made 1 grants totaling $14K, with a median grant of $14K. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Microcredit Foundation Inc. primarily funds organizations in the area of international. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in MN.
Microcredit Foundation Inc. has distributed a total of $14K across 1 grants. The median grant size is $14K, with an average of $14K. Individual grants have ranged from $14K to $14K.
Microcredit Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (753146348) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Microcredit Foundation Inc. is headquartered in MINNETONKA, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael G Rauenhorst | V PRESIDENT/SECRETARY | $0 | $0 | $0 |
| Asad Mahmood | DIRECTOR | $0 | $0 | $0 |
| Stephen J Mccarthy | DIRECTOR | $0 | $0 | $0 |
Total Giving
$31K
Total Assets
$317K
Fair Market Value
$317K
Net Worth
$136K
Grants Paid
$14K
Contributions
$0
Net Investment Income
$15K
Distribution Amount
$18K
Total Grants
1
Total Giving
$14K
Average Grant
$14K
Median Grant
$14K
Unique Recipients
1
Most Common Grant
$14K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Catholic Community FoundationMGR FUND #40732A | Saint Paul, MN | $14K | 2023 |
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