Overview

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Est.

1999

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MYLAN PARK FOUNDATION INC is an education-focused nonprofit that promotes recreational projects and supplemental programs for the Monongalia County, West Virginia Board of Education and the broader community, supporting physical and mental enrichment, self-knowledge, and team-building skills. In filing year 2024, it operated with an $8.2M budget and $25.5M in revenue, with major funding from HAZEL RUBY MCQUAIN CHARITABLE TRUST, Mylan Charitable Foundation, and CHARLES R NAILLER MEMORIAL FOUNDATION.

Mission Statement

THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROMOTE THE DEVELOPMENT AND SUPPORT OF RECREATIONAL PROJECTS FOR THE COMMUNITY AND THE MONONGALIA COUNTY, WEST VIRGINIA BOARD OF EDUCATION THROUGH SOLICITATION, ACCEPTANCE, ADMINISTRATION, AND INVESTMENT OF CONTRIBUTIONS FOR PROGRAMS AND PROJECTS. SUCH SUPPLEMENTAL PROGRAMS AND PROJECTS COULD PROVIDE PHYSICAL AS WELL AS MENTAL ENHANCEMENT OPPORTUNITIES FOR THE COMMUNITY AS A WHOLE IN ORDER TO ALLOW FOR RECREATIONAL PURSUITS; THE DEVELOPMENT OF SELF-KNOWLEDGE; AND THE FOSTERING OF SOCIAL ETHICS AND TEAM-BUILDING SKILLS.
Revenues
$25.5M
Expenses
$8.2M
Net Income:
+$17.3M
Assets
$91.1M
Liabilities
$47.2M
Net Assets:
+$43.9M
Operating Budget
$8.2M
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
7
Median grant size
$15K
Largest grant received
$3.4M
L
Leah Summers
Board Member
R
Ron Justice
Board Member
R
Russ Lorince
Board Member
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  • 17 funders
  • 70 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MYLAN PARK FOUNDATION INC’s budget?
In 2024, MYLAN PARK FOUNDATION INC reported an annual operating budget of around $8.2 million. More detailed financial information is available to registered users.
What causes does MYLAN PARK FOUNDATION INC support?
MYLAN PARK FOUNDATION INC supports work in Education.
Where does MYLAN PARK FOUNDATION INC operate?
MYLAN PARK FOUNDATION INC is headquartered in Morgantown, WV.
Who funded MYLAN PARK FOUNDATION INC recently?
In 2024, MYLAN PARK FOUNDATION INC received grants from HAZEL RUBY MCQUAIN CHARITABLE TRUST, Mylan Charitable Foundation, and MILAN PUSKAR FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant MYLAN PARK FOUNDATION INC received in 2024?
The largest grant to MYLAN PARK FOUNDATION INC in 2024 exceeds $3.4 million.
What is MYLAN PARK FOUNDATION INC’s reliance on government grants?
MYLAN PARK FOUNDATION INC relied on government grants for more than 20% of their total revenue in 2024.