Overview

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Est.

2009

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MATER ACADEMY FOUNDATION INC is a South Florida nonprofit focused on Education and Foundations, providing financial support to all Mater Academy charter schools. In filing year 2025, it reported a $39.3M operating budget and $21.2M in total revenue, with top funders including 8003 FOUNDATION INC, MATER ACADEMY INC, and MATER ACADEMY CENTRAL INC.

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
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  • 5 funders
  • 8 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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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.