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The M & L Foundation Inc. is a private corporation based in ROGERS, MN. The foundation received its IRS ruling in 1995. It holds total assets of $2M. Annual income is reported at $923K. Total assets have grown from $300K in 2011 to $1.9M in 2023. The foundation is governed by 3 officers and trustees. Distribution of bibles in africa, orphanage support, missions, outreach. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Florida, Colorado and Minnesota. According to available records, The M & L Foundation Inc. has made 40 grants totaling $522K, with a median grant of $6K. Annual giving has grown from $96K in 2020 to $152K in 2023. Grantmaking activity was highest in 2022 with $274K distributed across 20 grants. Individual grants have ranged from $242 to $93K, with an average award of $13K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Colorado, Minnesota, California, which account for 25% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$25K
Based on 12 grants from the most recent 990-PF filing.
Distribution of bibles in africa, orphanage support, missions, outreach
Expenses: $116K
Distribution of bibles in africa, orphanage support, missions, outreach. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in CO, MN, CA.
The M & L Foundation Inc. has distributed a total of $522K across 40 grants. The median grant size is $6K, with an average of $13K. Individual grants have ranged from $242 to $93K.
The M & L Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The M & L Foundation Inc. is headquartered in ROGERS, MN. While based in MN, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maurice Kapsner | PRESIDENT | $0 | $0 | N/A |
| John Kapsner | SECRETARY | $0 | $0 | N/A |
| Lannie Cragg | TREASURER | $0 | $0 | N/A |
Total Giving
$170K
Total Assets
$1.9M
Fair Market Value
$1.9M
Net Worth
$1.9M
Grants Paid
$152K
Contributions
$465K
Net Investment Income
$65K
Distribution Amount
N/A
Total: $1.8M
Total Grants
40
Total Giving
$522K
Average Grant
$13K
Median Grant
$6K
Unique Recipients
24
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of Bukwo GlobalMEDICAL, HOSPETAL BLD | Bukwo | $93K | 2023 |
| Pentacostal Church Of BurundiEDUCATION ORPHANAGE | Burkuri | $27K | 2023 |
| Anglican Church Of UgandaEDUCATION/EVANGELISM | Masindi | $10K | 2023 |
| St Johns AbbyEDUCATION | Collegeville, MN | $6K | 2023 |
| Community Bible StudyEDUCATION/EVANGELISM | Colorado Springs, CO | $6K | 2023 |
| Orphanos FoundationEDUCATION | Cordova, TN | $5K | 2023 |
| Parole ChurchFOOD PROGRAM | Quagadougou | $5K | 2023 |
| Good News PublicationEVANGELISM | Wheaton, IL | $242 | 2023 |
| Antananarivo MissionDISCIPLESHIP | Antananarivo | $12K | 2022 |
| Prosper Community Bilble StudyEDUCATION/EVANGELISM | Lagos | $12K | 2022 |
| Horn Of AfricaEVANGELISM | Mountain View, CA | $6K | 2022 |
| Bible Festival Of EgyphEDUCATION | Cairo | $2K | 2022 |
| Uganda HospitalMEDICAL, HOSPETAL BLD | Bukwo | $500 | 2022 |
| Crossroads Gospel AssicationSCHOOL | Ancon | $25K | 2020 |
| Anglican Alliance Of RwandaHUMANITARIAN AID | Kigal | $15K | 2020 |
| Pentecosal Church Of BurundiORPHANGE/SCHOOL | Burkuri | $14K | 2020 |
| Wedum HospiceHOSPICE CARE | Brooklyn Park, MN | $8K | 2020 |
| Madagascar Antananriro MissionMINISTRY CENTER | Antananarivo | $6K | 2020 |
| Faith Of God MinistriesCONFERENCE | Blantyre | $5K | 2020 |
| Amany Farhat Mission Of EgyptRUFUGEE AID | Cairo | $5K | 2020 |
| Evangelical Alliance Of RwandaHUMANITARIAN AID | Rwandese | $5K | 2020 |
| Anglican Church UgandaSCHOOL | Masindi | $4K | 2020 |
| Youth With A MissionEDUCATION/EVANGELISM | Montverde, FL | $3K | 2020 |
| Cbsi Burkina FasoCOMPUTER DISCIPLESHIP | Burkina | $2K | 2020 |