Nonprofit · EIN 47-4784436
MCN BUILD FOUNDATION INC
Tax-exempt · WASHINGTON, DC 20007
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $665,000 | $564,152 | $100,848 | $2,940 | $0 | $2,940 |
| December 31, 2024 | 990-PF | $576,000 | $599,185 | -$23,185 | $22,092 | $0 | $22,092 |
| December 31, 2023 | 990-PF | $457,900 | $654,930 | -$197,030 | $45,277 | $0 | $45,277 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $665,000
Expenses
- Grants and similar amounts paid
- $394,264
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $149,698
- Disbursements for charitable purposes
- $564,152
Balance sheet and other
- Total assets, start of year
- $22,092
- Total assets, end of year
- $2,940
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,940
- Fair market value of assets
- $2,940
- Qualifying distributions
- $564,152
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WAIDMANN 1404 PALMETTO AVE, BRUNSWICK, GA 31520 | DIRECTOR OF PHILANTH Highest-paid employee | 40 | $149,698 |
| RUDY SEIKALY 1214 28TH ST NW, WASHINGTON, DC 20007 | PRESIDENT | 8 | $0 |
| TODD STOKES 10820 STANMORE DRIVE, POTOMAC, MD 20854 | TREASURER | 0.1 | $0 |
| WILLIAM COFFIELD 1101 17TH STREET NW SUITE 1100, WASHINGTON, DC 20036 | SECRETARY | 2 | $0 |
| BASSEM BOUSTANY 1214 28TH ST NW, WASHINGTON, DC 20007 | DIRECTOR | 2 | $0 |
| JOSEPH KHOURY 1214 28TH ST NW, WASHINGTON, DC 20007 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WAIDMANN 1404 PALMETTO AVE, BRUNSWICK, GA 31520 | DIRECTOR OF PHILANTH Highest-paid employee | 40 | $106,169 |
| RUDY SEIKALY 1214 28TH ST NW, WASHINGTON, DC 20007 | PRESIDENT | 8 | $0 |
| TODD STOKES 10820 STANMORE DRIVE, POTOMAC, MD 20854 | TREASURER | 0.1 | $0 |
| WILLIAM COFFIELD 1101 17TH STREET NW SUITE 1100, WASHINGTON, DC 20036 | SECRETARY | 2 | $0 |
| BASSEM BOUSTANY 1214 28TH ST NW, WASHINGTON, DC 20007 | DIRECTOR | 2 | $0 |
| JOSEPH KHOURY 1214 28TH ST NW, WASHINGTON, DC 20007 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WAIDMANN 1404 PALMETTO AVE, BRUNSWICK, GA 31520 | DIRECTOR OF PHILANTH Highest-paid employee | 40 | $106,647 |
| RUDY SEIKALY 1214 28TH ST NW, WASHINGTON, DC 20007 | PRESIDENT | 8 | $0 |
| TODD STOKES 8219 LEESBURG PIKE SUITE 800, TYSONS CORNER, VA 22182 | TREASURER | 0.1 | $0 |
| WILLIAM COFFIELD 1101 17TH STREET NW SUITE 1100, WASHINGTON, DC 20036 | SECRETARY | 2 | $0 |
| BASSEM BOUSTANY 1214 28TH ST NW, WASHINGTON, DC 20007 | DIRECTOR | 2 | $0 |
| JOSEPH KHOURY 1214 28TH ST NW, WASHINGTON, DC 20007 | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1214 28TH ST NW, WASHINGTON, DC 20007-3315
- Signed the 990-PF
- RUDY SEIKALY, PRESIDENT
- Phone
- (202) 333-3424
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-4784436
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $2,940
- Income (IRS master file)
- $665,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $665,000 | $564,152 | $2,940 | XML |
| 990-PF | December 2024 | $576,000 | $599,185 | $22,092 | IRS |
| 990-PF | December 2023 | $457,900 | $654,930 | $45,277 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 47-4784436).
Questions about MCN BUILD FOUNDATION INC
- What is the EIN of MCN BUILD FOUNDATION INC?
- The employer identification number (EIN) of MCN BUILD FOUNDATION INC is 47-4784436.
- Is MCN BUILD FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to MCN BUILD FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MCN BUILD FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MCN BUILD FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MCN BUILD FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MCN BUILD FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $149,698 (MICHAEL WAIDMANN, DIRECTOR OF PHILANTH).
- How much revenue does MCN BUILD FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $665,000, expenses of $564,152 and total assets of $2,940 at year end.
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