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MHC ACADEMIC FOUNDATION

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Public nonprofit record

MHC ACADEMIC FOUNDATION

EIN 20-8407010 · Education (B114)

What they do

to PROVIDE FINANCIAL and OTHER SUPPORT for THE DISSEMINATION of EDUCATION IN MARTINSVILLE and HENRY COUNTY, VIRGINIA, INCLUDING BUT NOT LIMITED to SUPPORT of NEW COLLEGE INSTITUTE.

Money

Financial picture

Tax year 2024
Revenue$1,196,414
Expenses$295,020
Assets$16,118,675
Income$3,316,549
Contributions$3,000
Grants given$1,073,451
Average grant$214,690
Management$224,207
Executive compensation$80,267
Stocks and bonds$15,508,242
Accounting fees$15,550
Investing fees$17,380

About this charity

Recognized since
January 2007
Location
PO BOX 492, MARTINSVILLE, VA 24114
County
Martinsville (city)
In care of
KEVIN DEKONINCK
Primary officer
KEVIN DEKONINCK, Executive Director

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
FOTI FLYNN LOWEN & CO PC
NTEE classification
Education (B114)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
13
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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