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Mika Foundation Inc. is a private corporation based in WAKE FOREST, NC. The foundation received its IRS ruling in 2022. The principal officer is Angela Zacherl. It holds total assets of $1.7M. Annual income is reported at $586K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. Funding is distributed across 4 states, including North Carolina, Pennsylvania, Colorado. According to available records, Mika Foundation Inc. has made 23 grants totaling $141K, with a median grant of $4K. Annual giving has decreased from $99K in 2022 to $42K in 2023. Individual grants have ranged from $3K to $15K, with an average award of $6K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in North Carolina, Pennsylvania, Colorado, which account for 83% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$9K
Average Grant
$10K
Largest Grant
$15K
Based on 10 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.
Mika Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in NC, PA, CO.
Mika Foundation Inc. has distributed a total of $141K across 23 grants. The median grant size is $4K, with an average of $6K. Individual grants have ranged from $3K to $15K.
Mika Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mika Foundation Inc. is headquartered in WAKE FOREST, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph A Zacherl | OFFICER | $0 | $0 | N/A |
Total Giving
$95K
Total Assets
$1.9M
Fair Market Value
$1.9M
Net Worth
$1.9M
Grants Paid
$42K
Contributions
N/A
Net Investment Income
$69K
Distribution Amount
$90K
Total: $759K
Total Grants
23
Total Giving
$141K
Average Grant
$6K
Median Grant
$4K
Unique Recipients
17
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Triangle RabbitsANIMAL SHELTER | Apex, NC | $6K | 2023 |
| Possumwood Acres Wildlife SanctuaryWILDLIFE SANCTUARY | Hubert, NC | $4K | 2023 |
| Give Fund For Panther RidgeANIMAL RESCUE | Loxahatchee, FL | $4K | 2023 |
| Adopt An AngelANIMAL SHELTER | Wilmington, NC | $4K | 2023 |
| Paws For Life NcANIMAL RESCUE | Youngsville, NC | $4K | 2023 |
| Freedom Ride RescueANIMAL SHELTER | Raleigh, NC | $3K | 2023 |
| Farm And Land TrustLAND CONSERVATION | York, PA | $3K | 2023 |
| Friends Of WcacANIMAL SHELTER | Raleigh, NC | $3K | 2023 |
| Hope Animal RescueANIMAL RESCUE | Saratoga Springs, NY | $3K | 2023 |
| AnimalkindANIMAL RESCUE | Raleigh, NC | $3K | 2023 |
| Bow Wow Buddies FoundationANIMAL SHELTER | Broomfield, CO | $3K | 2023 |
| Center For Great ApesWILD LIFE SANCTUARY | Wauchula, FL | $3K | 2023 |
| Bowmans Hill Wildflower PreserveFLOWER PRESERVE | New Hope, PA | $3K | 2023 |
| Adapt An AngelANIMAL SHELTER | Wilmington, NC | $14K | 2022 |
| Davidson Land ConservancyLAND CONSERVATION | Davidson, NC | $8K | 2022 |
| Friends Of WncWILD LIFE SANCTUARY | Asheville, NC | $8K | 2022 |
| Nc WildlifeWILD LIFE SANCUARY | Charlotte, NC | $7K | 2022 |