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Mosaic 659 Foundation is a private corporation based in BUFFALO, NY. The foundation received its IRS ruling in 2015. The principal officer is Mark R Herskind Co-Trustee. It holds total assets of $3.9M. Annual income is reported at $561K. Total assets have grown from $150K in 2014 to $3.8M in 2023. The foundation is governed by 2 officers and trustees. 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 2016 to 2023. The foundation primarily funds organizations in New York, Texas and Maryland. According to available records, Mosaic 659 Foundation has made 36 grants totaling $601K, with a median grant of $8K. Annual giving has decreased from $245K in 2020 to $128K in 2023. Individual grants have ranged from $250 to $100K, with an average award of $17K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in New York, Georgia, Florida, which account for 61% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$399
Median Grant
$5K
Average Grant
$12K
Largest Grant
$51K
Based on 6 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.
Mosaic 659 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in NY, GA, FL.
Mosaic 659 Foundation has distributed a total of $601K across 36 grants. The median grant size is $8K, with an average of $17K. Individual grants have ranged from $250 to $100K.
Mosaic 659 Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mosaic 659 Foundation is headquartered in BUFFALO, NY. While based in NY, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Priscilla Gan | EXECUTIVE DIRECTOR | $8K | $0 | $8K |
| Mark R Herskind | TRUSTEE | $0 | $0 | N/A |
Total Giving
$670K
Total Assets
$3.8M
Fair Market Value
$3.8M
Net Worth
$3.8M
Grants Paid
$128K
Contributions
$329K
Net Investment Income
$239K
Distribution Amount
$20K
Total Grants
36
Total Giving
$601K
Average Grant
$17K
Median Grant
$8K
Unique Recipients
20
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jericho RoadGENERAL FUNDS DONATION | Buffalo, NY | $100K | 2022 |
| Gem FoundationGENERAL FUNDS DONATION | Phoenix, AZ | $500 | 2022 |
| Jericho Road Community Health CenterGENERAL FUNDS DONATION | Buffalo, NY | $100K | 2023 |
| 5 Loaves FarmGENERAL FUNDS DONATION | Buffalo, NY | $15K | 2023 |
| The Sowers MinistryGENERAL FUNDS DONATION | Kingwood, TX | $5K | 2023 |
| World ReliefGENERAL FUNDS DONATION | Baltimore, MD | $5K | 2023 |
| Longview MinistriesGENERAL FUNDS DONATION | Arcade, NY | $3K | 2023 |
| Every Person Influences ChildrenGENERAL FUNDS DONATION | Buffalo, NY | $340 | 2023 |
| 716 MinistriesGENERAL FUNDS DONATION | Buffalo, NY | $13K | 2022 |
| University Of California RegentsGENERAL FUNDS DONATION | Oakland, CA | $10K | 2022 |
| Houghton CollegeGENERAL FUNDS DONATION | Houghton, NY | $10K | 2022 |
| Faith And Learning Good SportsGENERAL FUNDS DONATION | Wheaton, IL | $10K | 2022 |
| Roswell ParkGENERAL FUNDS DONATION | Buffalo, NY | $500 | 2022 |
| Fellowship Of Christian AthletesGENERAL FUNDS DONATION | Kansas City, MO | $250 | 2022 |
| Assembly House 150GENERAL FUNDS DONATION | Buffalo, NY | $3K | 2021 |
| Buffalo Vineyard ChurchGENERAL FUNDS DONATION | Buffalo, NY | $399 | 2021 |
| Trust Bridge Global UsaGENERAL FUNDS DONATION | Alpharetta, GA | $50K | 2020 |
| Bosko IccGENERAL FUNDS DONATION | Naples, FL | $25K | 2020 |
| The Village ChurchGENERAL FUNDS DONATION | Flower Mound, TX | $10K | 2020 |
| Peace Of CityGENERAL FUNDS DONATION | Buffalo, NY | $5K | 2020 |