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Mustard Seed Foundation is a private corporation based in SALISBURY, MD. The foundation received its IRS ruling in 1987. It holds total assets of $5.2M. Annual income is reported at $2.7M. Total assets have grown from $710K in 2010 to $4.8M in 2022. The foundation is governed by 6 officers and trustees. The foundation's sole activity is making grants to other charities. It has no direct charitable activities. 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 Maryland and Colorado. According to available records, Mustard Seed Foundation has made 126 grants totaling $799K, with a median grant of $5K. Annual giving has grown from $176K in 2020 to $433K in 2022. Individual grants have ranged from $200 to $40K, with an average award of $6K. The foundation has supported 38 unique organizations. The foundation primarily supports organizations in Maryland, Colorado, Virginia, which account for 71% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$5K
Average Grant
$7K
Largest Grant
$40K
Based on 31 grants from the most recent 990-PF filing.
The foundation's sole activity is making grants to other charities. It has no direct charitable activities.
The foundation's sole activity is making grants to other charities. It has no direct charitable activities. Based on available records, the foundation has funded 126 grants. Its grantmaking reaches organizations primarily in MD, CO, VA.
Mustard Seed Foundation has distributed a total of $799K across 126 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $200 to $40K.
Mustard Seed Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mustard Seed Foundation is headquartered in SALISBURY, MD. While based in MD, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tyrus Farrow | SECRETARY/DI | $3K | $0 | $3K |
| Jeanine Scott | TREASURER | $1K | $0 | $1K |
| Sandra Spedden | PRES/DIRECTO | $0 | $0 | N/A |
| Yvonne A Matthews | VP/DIRECTOR | $0 | $0 | N/A |
| Ralph Scott | DIRECTOR | $0 | $0 | N/A |
| Blake Wise | DIRECTOR | $0 | $0 | N/A |
Total Giving
$272K
Total Assets
$4.8M
Fair Market Value
$5.2M
Net Worth
$4.8M
Grants Paid
$233K
Contributions
$4.4M
Net Investment Income
$109K
Distribution Amount
$198K
Total: $4.7M
Total Grants
126
Total Giving
$799K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
38
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salisbury Christian SchoolEDUCATIONAL | Salisbury, MD | $40K | 2022 |
| Seaside Christian AcademyEDUCATIONAL | Ocean City, MD | $30K | 2022 |
| The RiverRELIGIOUS | Delmar, MD | $16K | 2022 |
| Faith Baptist SchoolEDUCATIONAL | Salisbury, MD | $15K | 2022 |
| Son Spot Ministries IncRELIGIOUS | Ocean City, MD | $14K | 2022 |
| Young Life SalisburyCHARIABLE | Colorado Springs, CO | $10K | 2022 |
| Good Shepherd Leadership TrainingEDUCATIONAL | Alexandria, VA | $8K | 2022 |
| Bible League InternationalRELIGIOUS | Crete, IL | $7K | 2022 |
| Operation Blessing InternationalCHARITABLE | Virginia Beach, VA | $6K | 2022 |
| Campus Crusade For ChristRELIGIOUS | Orlando, FL | $6K | 2022 |
| Christian Shelter IncCHARITABLE | Salisbury, MD | $5K | 2022 |
| Choices For LifeCHARITABLE | Easton, MD | $5K | 2022 |
| Eastern Shore Pregnancy CenterCHARITABLE | Salisbury, MD | $5K | 2022 |
| Young Life Caroline CoCHARITABLE | Colorado Springs, CO | $5K | 2022 |
| Young Life Dorchester CoCHARITABLE | Colorado Springs, CO | $5K | 2022 |
| Young Life Ocean CityCHARITABLE | Colorado Springs, CO | $5K | 2022 |
| Young Life Seaford DeCHARITABLE | Colorado Springs, CO | $5K | 2022 |
| Young Life Talbot CoCHARITABLE | Colorado Springs, CO | $5K | 2022 |
| Young Life Bay AreaCHARITABLE | Colorado Springs, CO | $5K | 2022 |
| Witness InternationalRELIGIOUS | Salisbury, MD | $4K | 2022 |
| Mission To The World (Pca) IncCHARITABLE | Atlanta, GA | $4K | 2022 |
| Jim Brunner Ministries InternationaRELIGIOUS | Tucson, AZ | $4K | 2022 |
| Epoch Dream CenterCOMMUNITY | Hebron, MD | $4K | 2022 |
| Christian Film And Tv CommissionRELIGIOUS | Camarillo, CA | $2K | 2022 |
| Bread MinistriesCHARITABLE | Arcadia, FL | $1K | 2022 |