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Mtco Foundation is a private corporation based in METAMORA, IL. The foundation received its IRS ruling in 2005. The principal officer is % Ann Dickerson. It holds total assets of $7K. Annual income is reported at $11K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mtco Foundation has made 8 grants totaling $18K, with a median grant of $3K. The foundation has distributed between $4K and $9K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $9K distributed across 4 grants. Individual grants have ranged from $2K to $4K, with an average award of $2K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Illinois and Indiana. Contributions to this foundation are tax-deductible.
Mtco Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IL, IN.
Mtco Foundation has distributed a total of $18K across 8 grants. The median grant size is $3K, with an average of $2K. Individual grants have ranged from $2K to $4K.
Mtco Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mtco Foundation is headquartered in METAMORA, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann Dickerson | Secretary/Treasurer | $0 | $0 | $0 |
| Tina Glidewell | Asst Secretary/Treasurer | $0 | $0 | $0 |
| Melissa Rauh | Vice President | $0 | $0 | $0 |
| Glenn Rauh | President | $0 | $0 | $0 |
Total Giving
$12K
Total Assets
$6K
Fair Market Value
$7K
Net Worth
$6K
Grants Paid
$4K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$563
Total Grants
8
Total Giving
$18K
Average Grant
$2K
Median Grant
$3K
Unique Recipients
5
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Open Arms Community Center Food PantryCOMMUNITY SUPPORT | Metamore, IL | $3K | 2022 |
| Emergency 116 AmbulanceCOMMUNITY SUPPORT | Metamora, IL | $2K | 2022 |
| Open Arms Comm Ctr Food PantryCOMMUNITY SUPPORT | Metamore, IL | $3K | 2021 |
| American Heart AssociationGeneral Support | Indianapolis, IN | $3K | 2021 |
| Family CoreFundraiser for families in need | Peoria, IL | $3K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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