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Nonprofit · EIN 47-3093382

MAC FOUNDATION

Tax-exempt · MISSOULA, MT 59801

Financials

$223K$143K2023$653K$165K2024
Revenue Expenses · by fiscal year end
Financials of MAC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$652,746$164,668$488,078$22,998,388$0$22,998,388
December 31, 2023990$223,291$143,210$80,081$21,780,475$0$21,780,475
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$652,746
Net gain from sales of assets
$301,841
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,000
Salaries, compensation and benefits (total)
$60,000
Professional fundraising fees
$0
Management and general (functional)
$164,668

Balance sheet and other

Total assets, start of year
$21,780,475
Total assets, end of year
$22,998,388
Total liabilities, end of year
$0
Net assets, end of year
$22,998,388
Publicly traded securities
$11,352,103
Net assets without donor restrictions
$22,998,388
Gross receipts
$652,746
Employees
0
Year formed
2015
State of legal domicile
MT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL E BRUICHCFO
Officer
2$60,000$407,500$63,870
MARC CHASMANBOARD CHAIR
Trustee or director
1$0$0$0
THOMAS JOYCEDIRECTOR/TRE
Trustee or director
1$0$0$0
ELIZABETH KALAVADIRECTOR/SEC
Trustee or director
1$0$0$0
THOMAS WINNDIRECTOR
Trustee or director
1$0$0$0
JANICE STOCKLOSADIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL E BRUICHCFO
Officer
1$60,000$407,500$58,130
MARC CHASMANBOARD CHAIR
Trustee or director
1$0$0$0
THOMAS JOYCEDIRECTOR/TRE
Trustee or director
1$0$0$0
ELIZABETH KALAVADIRECTOR/SEC
Trustee or director
1$0$0$0
THOMAS WINNDIRECTOR
Trustee or director
1$0$0$0
JANICE STOCKLOSADIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
305 SOUTH 4TH STREET EAST, MISSOULA, MT 59801-2701
In care of
% ELIZABETH KALEVA
Principal officer (990 for 2024)
MICHAEL E BRUICH, 3589 FOURTH AVE, SAN DIEGO, CA 92103
Signed the 990
MICHAEL E BRUICH, CFO
Phone
(619) 543-0293

Mission

THE ORGANIZATION'S MISSION IS TO IDENTIFY AND SUPPORT CHARITABLE PROGRAMS THAT ADDRESS THE NEEDS OF YOUNG VICTIMS OF ABUSE AND NEGLECT PARTICULARLY THOSE THAT HAVE MOVED INTO THE FOSTER CARE SYSTEM. THE ORGANIZATION IS PARTICULARLY FOCUSED ON RESEARCH AND EDUCATIONAL PROGRAMS TO IDENTIFY PROGRAMS THAT HAVE THE HIGHEST LIKELIHOOD OF POSITIVE OUTCOMES BOTH IN TERMS OF RELATIONAL PERMANENCE BUT ALSO IN TERMS OF EDUCATIONAL OUTCOMES THAT LEAD TO THE HIGHEST LEVEL EDUCATIONAL OPPORTUNITIES FOR FOSTER YOUTH.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION'S MISSION IS TO IDENTIFY AND SUPPORT CHARITABLE PROGRAMS THAT ADDRESS THE NEEDS OF YOUNG VICTIMS OF ABUSE AND NEGLECT PARTICULARLY THOSE THAT HAVE MOVED INTO THE FOSTER CARE SYSTEM. THE ORGANIZATION IS PARTICULARLY FOCUSED ON RESEARCH AND EDUCATIONAL PROGRAMS TO IDENTIFY PROGRAMS THAT HAVE THE HIGHEST LIKELIHOOD OF POSITIVE OUTCOMES BOTH IN TERMS OF RELATIONAL PERMANENCE BUT ALSO IN TERMS OF EDUCATIONAL OUTCOMES THAT LEAD TO THE HIGHEST LEVEL EDUCATIONAL OPPORTUNITIES FOR FOSTER YOUTH.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-3093382
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$22,998,388
Income (IRS master file)
$652,746

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$652,746$164,668$22,998,388IRS
990December 2023$223,291$143,210$21,780,475XML
990December 2022$3,573,407$94,422$20,606,421IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-3093382).

Questions about MAC FOUNDATION

What is the EIN of MAC FOUNDATION?
The employer identification number (EIN) of MAC FOUNDATION is 47-3093382.
Is MAC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to MAC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAC FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MAC FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MAC FOUNDATION?
The 990 for the year ended December 31, 2024 names MICHAEL E BRUICH.
Who are the officers and directors of MAC FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $60,000 (MICHAEL E BRUICH, CFO).
How much revenue does MAC FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $652,746, expenses of $164,668 and total assets of $22,998,388 at year end.

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