TY 2022 IRS 990 e-File Render
Name:
A L MAILMAN FAMILY FOUNDATION INC
EIN:
51-0203866
Identifier Return Reference Explanation
  IRC REGULATION 53.4945-5(D)(2) - PROGRAM RELATED INVESTMENT INFORMATION (I) PRI RECIPIENT:HONEYCOMB CREDIT6008 BROAD STREETPITTSBURGH, PA 15206(II) DATE AND AMOUNT OF PRI:YEAR 2022 $150,000(III) PURPOSE OF PRI:HONEYCOMB CREDIT HELPS LOCAL BUSINESSES THAT ARE OPERATED BY MINORITY FOUNDERS TO RAISE CAPITAL, MOST OFTEN FOR EQUIPMENT AND/OR REAL ESTATE IMPROVEMENTS. THIS IS DONE VIA SHORT-TERM LOANS WHERE FOUNDATION OR NONPROFIT CAPITAL IS MATCHED BY ACTUAL CUSTOMERS IN DIGITAL FUNDRAISE CAMPAIGNS, FILLING A GAP THAT HAS BEEN OPENED BY A SHRINKING REGIONAL BANK PRESENCE ACROSS THE UNITED STATES. HONEYCOMB ALSO HELPS EACH BUSINESS THAT RUNS A SUCCESSFUL FUNDRAISING CAMPAIGN TO CREATE TEMPLATED SOCIAL MEDIA MARKETING STRATEGIES AND BUILD A STRONGER RELATIONSHIP WITH THEIR LOCAL COMMUNITY AND POTENTIAL/EXISTING PATRONS.(IV) & (VI) REPORTS OF AMOUNTS LOANED:DATE OF REPORT RECEIVED FOR 12/31/2022 IS 11/14/2023(V) DIVERSIONS:NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE.(VII) VERIFICATION:THERE HAS NO REASON TO DOUBT THE ACCRACY OR RELIABILITY OF THE REPORT FROM HONEYCOMB CREDIT; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.