| FORM 990 - ORGANIZATION'S MISSION |
MIGHTYCAUSE CHARITABLE FOUNDATION FOSTERS THE DEMOCRATIZATION OF PHILANTHROPY, PROMOTING HIGH VOLUME FUNDRAISING AND GRANT MAKING BY PROVIDING COST-EFFICIENT E-SOLUTIONS FOR CHARITABLE GIVING THAT WIDELY BENEFITS THE CHARITABLE SECTOR. |
| FORM 990, PAGE 2, PART III, LINE 4A |
CHARITIES AND SCHOOLS. -DISTRIBUTED 92.99% OF DONOR ADVISED CONTRIBUTIONS RECEIVED IN 2017, WHEN TAKING INTO ACCOUNT THE TIMING DIFFERENCE CREATED BY THE MONTHLY GRANTING SCHEDULE. THE FOUNDATION RECORDS THE GRANT EXPENSES FOR DECEMBER ADVISED CONTRIBUTIONS IN THE FOLLOWING CALENDAR YEAR. IN JANUARY 2018, THE FOUNDATION DISBURSED THE REMAINDER OF THE FUNDS RECEIVED AND ADVISED IN 2017. |
| FORM 990, PAGE 2, PART III, LINE 4B |
NONPROFITS RECEIVING DONOR-ADVISED GRANTS DURING THE EVENTS. THESE MATCHING GRANTS WERE ALSO A KEY INCENTIVE FOR BOTH NONPROFITS AND DONORS TO BECOME INVOLVED IN THEIR COMMUNITY-GIVING EVENT. ADDITIONALLY, THE GIVING EVENTS PROVIDED EDUCATIONAL OPPORTUNITIES FOR PARTICIPATING NONPROFITS TO LEARN ABOUT ONLINE FUNDRAISING, ABOUT SOCIAL MEDIA OUTREACH, AND HOW TO GREATLY EXPAND THEIR NETWORK OF DONORS AND VOLUNTEERS. THE INITIATIVES UNDERTAKEN BY THE FOUNDATION BEGINNING IN 2011 CONTINUE TO EXPAND AND HAVE PROVEN INSTRUMENTAL IN PROVIDING EDUCATIONAL RESOURCES FOR THE PARTNERING FOUNDATIONS AND NONPROFITS, ENABLING EACH PARTNERING NONPROFIT TO SUCCESSFULLY EXECUTE THEIR GIVING EVENT WITHIN THE COMMUNITY IT SERVES. |
| FORM 990, PAGE 2, PART III, LINE 4D |
PHILANTHROPIC EDUCATIONAL INITIATIVES: -THE FOUNDATION'S BOARD OF DIRECTORS MANAGES PHILANTHROPIC EDUCATIONAL INITIATIVES VIA A FUND IT CREATED IN 2012. THE BOARD ALLOCATED APPROXIMATELY 20% OF THE FOUNDATION'S UNDESIGNATED AND UNRESTRICTED OPERATING FUNDS TO THE FUND EACH YEAR. THE FOUNDATION SPEARHEADED EDUCATIONAL TRAINING WITH NONPROFITS PARTICIPATING IN THE GIVING EVENT, ENCOURAGING INNOVATIVE METHODS IN ONLINE GIVING AND CAPACITY BUILDING -THE FOUNDATION OPERATED THE WEBB BLOG INSPIRING GENEROSITY (TM) THROUGH THE GENEROUS GIFT OF MIGHTYCAUSE CORPORATION. THIS CONTENT IS DESIGNED TO ENGAGE AND ENCOURAGE INNOVATIVE AND EFFECTIVE METHODS IN FOSTERING THE DEMOCRATIZATION OF PHILANTHROPY THROUGH STATE OF THE ART TECHNOLOGY AND E- SOLUTIONS. EXPENSES ALLOCATED TO PHILANTHROPIC EDUCATIONAL ACTIVITIES INCLUDE NONPROFIT TRAINING AND EDUCATIONAL PROGRAM SERVICE EXPENSES AS WELL AS AN ESTIMATED PORTION OF LEGAL PROGRAM SERVICE EXPENSES FOR DAF AND OTHER EDUCATIONAL RESEARCH. |
| FORM 990, PAGE 6, PART VI, LINE 2 |
THOMAS MATTHEWS BRYCE MELVIN PRESIDENT TREASURER EMPLOYED BY MIGHTYCAUSE CORP. |
| FORM 990, PAGE 6, PART VI, LINE 4 |
THE ORGANIZATION WAS REBRANDED IN 2017 AND CHANGED ITS NAME FROM RAZOO FOUNDATION TO MIGHTYCAUSE CHARITABLE FOUNDATION. THE ORGANIZATION HAS PREVIOUSLY FILED THE CHANGES WITH THE IRS AND RECEIVED AN UPDATED DETERMINATION LETTER DATED AUGUST 23, 2018. |
| FORM 990, PAGE 6, PART VI, LINE 8B |
THE FOUNDATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF ITS BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 11B |
THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE MANAGEMENT AND BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C |
THE FOUNDATION'S CONFLICT OF INTEREST POLICY REQUIRED ANY DIRECTOR, OFFICER, OR MANAGEMENT EMPLOYEE TO FULLY AND PROMPTLY DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST TO THE PRESIDENT OR SECRETARY OF THE FOUNDATION. THE POLICY FURTHER REQUIRES ANNUAL SUBMISSION OF A CONFLICTS OF INTEREST DISCLOSURE QUESTIONNAIRE WITHIN 10 DAYS OF THE ANNUAL BOARD MEETING, CONFIRMING THAT ALL CONFLICTS AND POTENTIAL CONFLICTS HAVE BEEN DISCLOSED. |
| FORM 990, PAGE 6, PART VI, LINE 17 |
MINNESOTA, MISSISSIPPI, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WEST VIRGINIA, WISCONSIN |
| FORM 990, PAGE 6, PART VI, LINE 19 |
THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PAGE 12, PART XII, LINE 2C |
THE FOUNDATION'S BOARD IS CURRENTLY AN EFFECTIVE WORKING SIZE, AND THEREFORE HAS NOT DELEGATED RESPONSIBILITY FOR THE FINANCIAL AUDIT TO A COMMITTEE. THUS THE BOARD ASSUMES THE ROLE AND RESPONSIBILITY OF AN AUDIT COMMITTEE AND OVERSEES THE AUDIT OF THE FOUNDATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Attach to Form 990 or 990-EZ.