Mn Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 852623916 ✦ East setauket, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mn Foundation Inc?

Mn Foundation Inc is a philanthropic organization, headquartered at 13 E Gate Lane, East Setauket, New York 11733. Its primary mission is to extend aid by donating medical equipment to hospitals and medical practices situated in economically disadvantaged regions, both within the United States and internationally. This nonprofit entity aims to make healthcare more accessible in underprivileged communities, thereby contributing to improved medical services in these areas.

Is Mn Foundation Inc legitimate?

Mn Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mn Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mn Foundation Inc?

Mn Foundation Inc's mission is centered around donating medical equipment to hospitals and medical practices situated in economically disadvantaged areas, both domestically within the United States and internationally. The primary objective of this foundation is to ensure that healthcare facilities in impoverished areas have the necessary resources to provide adequate medical care. By providing these essential tools, Mn Foundation Inc aims to contribute positively to the wellbeing of communities in need, thereby improving healthcare accessibility and outcomes.

Who is the CEO of Mn Foundation Inc?

Magdy Shady is the Director of Mn Foundation Inc.

What is the revenue of Mn Foundation Inc?

Mn Foundation Inc's revenue in 2022 was $200,016.

Who are the executives of Mn Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Ahemd Fahmy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohamed Hakim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Magdy Shady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mn Foundation Inc?

Mn Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mn Foundation Inc

Mn Foundation Inc, a nonprofit organization, is dedicated to donating medical equipment to hospitals and medical practices situated in low-income areas, both within the United States and abroad. Their mission is to bridge the gap in medical resources, ensuring that healthcare facilities in economically disadvantaged areas have the necessary equipment to provide optimal care to their patients. By providing medical equipment, Mn Foundation Inc aims to contribute to the improvement of health outcomes and the overall well-being of communities that may not otherwise have access to such resources. The foundation's commitment to this cause plays a significant role in advancing healthcare equity and ensuring that everyone, regardless of their financial status, has access to quality medical care.

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Impact




October, 2024

Mn Foundation Inc significantly improves healthcare access by donating essential medical equipment to hospitals and medical practices in low-income areas, both in the United States and internationally. By targeting underserved communities, the foundation addresses disparities in healthcare resources, enabling facilities to provide better care to those in need. This initiative not only enhances the quality of medical services available but also supports the broader goal of health equity, ensuring that individuals in economically challenged regions receive the medical attention they deserve. The foundation’s efforts directly contribute to saving lives and improving health outcomes, ultimately fostering healthier communities.




This information is meant to be a general summary of Mn Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$200,016 (2022)
Expenses
$11,000 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Gross Receipts: $200,016

Assets and Liabilities:

  • Total Assets: $214,729
  • Total Liabilities: $11,000
  • Net Assets: $203,729

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Organization Details

Founding Year

2020

Principal Officer

Magdy Shady

Main Address

13 E GATE LANE, EAST SETAUKET, NY, 11733

NTEE Category

Code: E60 - Health

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