Maryland Philanthropy Network

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

EIN: 521326863 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Maryland Philanthropy Network?

Maryland Philanthropy Network, based in Baltimore, Maryland, is a prominent membership organization comprising over 130 philanthropic entities, including foundations, intermediaries, corporations, and public charities. With collective assets amounting to over $9 billion, this network serves as a vital information and service provider for the philanthropic and nonprofit communities. Through workshops and programs, it fosters education, inspires action, and informs investment, aiming to address critical issues in sectors such as health, education, arts, and the environment. Maryland Philanthropy Network also convenes its members to address collective challenges, promoting alignment and action within these sectors. Furthermore, it represents the philanthropic sector to key audiences, ensuring that philanthropic giving effectively impacts community life. In essence, Maryland Philanthropy Network maximizes the impact of philanthropic giving by fostering a network of diverse, informed, and effective grantmakers.


Official website here: www.marylandphilanthropy.org/

Is Maryland Philanthropy Network legitimate?

Maryland Philanthropy Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Philanthropy Network 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.

Here are some key statistics you may want to consider:

Executive Compensation: $240,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,659,479

For more financial information, click here


Official website here: www.marylandphilanthropy.org/

What is the mission statement of Maryland Philanthropy Network?

The Maryland Philanthropy Network (MPN) maximizes the impact of philanthropic giving on community life by fostering a network of diverse, informed, and effective grantmakers. By doing so, MPN aims to enhance the effectiveness of philanthropic organizations, thereby improving the overall well-being of various communities. MPN serves as a statewide membership organization, consisting of over 130 foundations, intermediaries, corporations, donor-advised funds, and public charities. These members manage more than $9 billion in foundation assets. MPN provides crucial information and services to the philanthropic and nonprofit communities through educational programs, workshops, and events. These initiatives aim to inspire action, inform investment, and promote alignment and action in sectors such as health, education, arts, and the environment. Furthermore, MPN convenes its members to address pressing issues and encourage collaboration within these sectors.


Official website here: www.marylandphilanthropy.org/

Who is the CEO of Maryland Philanthropy Network?

Danista Hunte is the Chair of Maryland Philanthropy Network. The CEO's salary of Maryland Philanthropy Network is $160,662 and their total compensation is $213,995.


Official website here: www.marylandphilanthropy.org/

What is the revenue of Maryland Philanthropy Network?

Maryland Philanthropy Network's revenue in 2022 was $4,830,304.


Official website here: www.marylandphilanthropy.org/

Who are the executives of Maryland Philanthropy Network and what are their salaries?

The average compensation at Maryland Philanthropy Network during 2022 was $57,565. There are 33 employees and 12 volunteers at Maryland Philanthropy Network.

Here are 13 key members and their salaries (Maryland Philanthropy Network's CEO's salary is $160,662 and their total compensation is $213,995):

    Margaret Gunther-Osborn (President / Ceo (Jan -Nov))
  • Compensation: $160,662
  • Related: $0
  • Other: $53,333

    • David Daniels (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mari Beth Moulton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooke Hisle (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Barbour-Gillett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tanya Jones Terrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Talib Horne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica Joseph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Keely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Destiny-Simone Ramjohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shanaysha Sauls (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Franklin Mcneil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.marylandphilanthropy.org/

    Where can I find the form 990 for Maryland Philanthropy Network?

    The Maryland Philanthropy Network’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.marylandphilanthropy.org/

    Learn more at the official website: www.marylandphilanthropy.org/

    Mission Statement of Maryland Philanthropy Network

    Maryland Philanthropy Network, a membership organization, strives to amplify the impact of philanthropic giving on community life. This is achieved by fostering a network of diverse, informed, and effective grantmakers. The organization's mission is to maximize the influence of philanthropic resources, ensuring they are utilized effectively to address various societal issues. Maryland Philanthropy Network serves as a bridge between various grantmakers, including private foundations, community foundations, intermediaries, corporations, donor-advised funds, and public charities, collectively managing over $9 billion in foundation assets.

    By offering critical information and services, the network educates, inspires action, and informs investment within the philanthropic and nonprofit communities. Maryland Philanthropy Network convenes its members to address pressing issues and promote alignment and action in sectors such as health, education, arts, and the environment. Furthermore, the organization represents the philanthropic sector to key audiences, including the media, policymakers, and the general public, fostering a collaborative approach to community development.

    Impact

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




    Saturday, July 20, 2024

    Maryland Philanthropy Network maximizes the impact of philanthropic giving on community life through its network of diverse, informed, and effective grantmakers. With over 130 private and community foundations, intermediaries, corporations, donor-advised funds, and public charities as members, MPN stewards more than $9 billion in foundation assets. The organization provides critical information and services to the philanthropic community through educational programs, workshops, and events that inspire action and inform investment decisions. MPN convenes members to address various issues in sectors such as health, education, arts, and the environment, promoting alignment and collective action. Additionally, MPN represents the philanthropic sector to key audiences, including the media, policymakers, and the general public, amplifying the impact of philanthropy in Maryland.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $26,388
  • Program Service Revenue: $685,340
  • Gross Receipts: $4,830,304

    • Assets and Liabilities:
  • Total Assets: $5,608,692
  • Total Liabilities: $330,764
  • Net Assets: $5,277,928
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONSULTING SERVICES

    Revenue

    $553,451

    COWORKING FEES

    Revenue

    $79,734

    EARNED FEES- MISCELLAN

    Revenue

    $24,419

    PLAN EXTRAS

    Revenue

    $20,913

    SPONSORSHIPS

    Revenue

    $6,823

    Organization Details

    Founding Year

    1983

    Principal Officer

    Danista Hunte

    Main Address

    1600 W 41 STREET SUITE 700, BALTIMORE, MD, 21211

    NTEE Category

    Code: B82 - Education

    If you are a representative of Maryland Philanthropy Network and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.