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 |
DONOR ADVISED FUND AND CHARITABLE GRANT MAKING: MIGHTYCAUSE CHARITABLE FOUNDATION
CONDUCTS CHARITABLE GRANT-MAKING THROUGH THE OPERATION OF A DONOR ADVISED FUND BY
ACCEPTING CHARITABLE CONTRIBUTIONS FROM DONORS AND RECEIVING DONOR RECOMMENDATIONS.
THE FOUNDATION MAINTAINS SUCH CONTRIBUTIONS IN SEPARATELY IDENTIFIED FUNDS AND MAKES
DISTRIBUTIONS TO ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE
CODE (IRC). THE FOUNDATION ACCOMPLISHED THE FOLLOWING MILESTONES IN 2020: -ENGAGED
AND EMPOWERED NEARLY 38,000 INDIVIDUAL VOLUNTEERS TO SERVE AS FUNDRAISERS. -RECEIVED
OVER 78.3 MILLION IN DONOR ADVISED CONTRIBUTIONS FROM HUNDREDS OF THOUSANDS OF DONORS
RESULTING IN GRANTS TO OVER 14,100 CHARITIES AND SCHOOLS. -DISTRIBUTED 95.04% OF DONOR
ADVISED CONTRIBUTIONS RECEIVED IN 2020, 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 2021,
THE FOUNDATION DISBURSED THE REMAINDER OF THE FUNDS RECEIVED AND ADVISED IN 2020. |
FORM 990, PAGE 2, PART III, LINE 4B |
GIVING DAYS: MIGHTYCAUSE CHARITABLE FOUNDATION PARTNERED WITH OVER 60 FOUNDATIONS
AND CHARITABLE ORGANIZATIONS SUCH AS THE GIVEMN, PARK CITY COMMUNITY FOUNDATION, AND
THE GEORGIA CENTER FOR NONPROFITS TO ORGANIZE GIVING EVENTS FOR THEIR COMMUNITIES.
DURING THESE EVENTS, DONORS MAKE ADVISED CONTRIBUTIONS TO THE FOUNDATION'S DONOR ADVISED
FUND IN SUPPORT OF QUALIFIED NONPROFIT ORGANIZATIONS HIGHLIGHTED BY THE RESPECTIVE
COMMUNITY FOUNDATIONS. LEADER BOARDS TRACK THE ORGANIZATIONS RECEIVING THE MOST DONOR-ADVISED
GRANTS BY AMOUNT AND BY NUMBER OF DONORS, CREATING AN EXCITING AND COMPETITIVE ENVIRONMENT
FOR STIMULATING CHARITABLE GIVING. DURING 2020, THE PARTNERING FOUNDATIONS AND COMMUNITY
GROUPS PROVIDED OVER 30 MILLION IN MATCHING GRANTS TO 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 FOUNDATION
SPEARHEADED EDUCATIONAL TRAINING WITH NONPROFITS PARTICIPATING IN THE GIVING EVENT,
ENCOURAGING INNOVATIVE METHODS IN ONLINE GIVING AND CAPACITY BUILDING - THE FOUNDATION
OPERATED THE WEB BLOG INSPIRING GENEROSITY 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 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 REQUIRES 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 |
MISSISSIPPI, NORTH CAROLINA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, OREGON,
PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WISCONSIN,
WEST VIRGINIA |
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. |