Overview

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Est.

2009

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

MATER ACADEMY FOUNDATION INC is a not-for-profit organization operating in South Florida with a mission to provide financial support to all MATER Academy charter schools. With an operating budget of $39.3 million and total revenue of $21.2 million for the filing year 2025, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their profile at GuideStar.org.

Mission Statement

MATER ACADEMY FOUNDATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION OPERATING IN SOUTH FLORIDA. THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO ALL MATER ACADEMY CHARTER SCHOOLS.
Revenues
$21.2M
Expenses
$39.4M
Net Income:
-$18.2M
Assets
$314.9M
Liabilities
$311.1M
Net Assets:
+$3.8M
Operating Budget
$39.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$33.1K
Largest grant received
$54.9K
S
Shannie Sadesky
Board Member
I
Idalia Suarez
Board Member
R
Roberto Blanch
Board Member

Frequently Asked Questions

What is MATER ACADEMY FOUNDATION INC’s budget?
In 2025, MATER ACADEMY FOUNDATION INC reported an annual operating budget of around $39.3 million. More detailed financial information is available to registered users.
What causes does MATER ACADEMY FOUNDATION INC support?
MATER ACADEMY FOUNDATION INC supports work in Foundations and Education.
Where does MATER ACADEMY FOUNDATION INC operate?
MATER ACADEMY FOUNDATION INC is headquartered in Miami, FL.
Who funded MATER ACADEMY FOUNDATION INC recently?
In 2025, MATER ACADEMY FOUNDATION INC received grants from MATER ACADEMY INC, MATER ACADEMY CENTRAL INC, and MATER ACADEMY INC. More information on this organization’s funders is available to registered users.
What is the largest grant MATER ACADEMY FOUNDATION INC received in 2024?
The largest grant to MATER ACADEMY FOUNDATION INC in 2024 exceeds $55 thousand.