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Mq Foundation Inc

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

EIN: 823922797 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Mq Foundation Inc?

Mq Foundation Inc, based in New York, NY, is a nonprofit organization dedicated to promoting and advancing mental health research. Their mission is to delve into the nature, causes, diagnosis, treatment, cure, and prevention of various mental illnesses. They strive to foster public awareness and support for this crucial research, with a recent grant of $1.3 million supporting early career researchers focused on adolescent mental health. Despite the limited information provided, it is clear that Mq Foundation Inc is an essential player in the field of mental health research.


Official website here: www.schedule o

Is Mq Foundation Inc legitimate?

Mq Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mq 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.

Here are some key statistics you may want to consider:

Executive Compensation: $315,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.schedule o

What is the mission statement of Mq Foundation Inc?

Mq Foundation Inc's mission is dedicated to advancing and supporting mental health research, with a focus on understanding the nature, causes, diagnosis, treatment, cure, and prevention of various mental illnesses. The organization seeks to raise public awareness and support for this critical research and treatment. Specifically, they aim to foster a better understanding of adolescent mental health. Recently, they made a significant grant of $1.3 million towards early career research in this field.


Official website here: www.schedule o

Who is the CEO of Mq Foundation Inc?

John Herrmann Jr is the Chairman & Founder of Mq Foundation Inc.


Official website here: www.schedule o

What is the revenue of Mq Foundation Inc?

Mq Foundation Inc's revenue in 2022 was $1,898,686.


Official website here: www.schedule o

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

The average compensation at Mq Foundation Inc during 2022 was $315,000. There are 1 employees and 10 volunteers at Mq Foundation Inc.

Here are 11 key members and their salaries:

    Ann Richman (Exec Director/Secretary)
  • Compensation: $240,000
  • Related: $0
  • Other: $75,000

    • John Herrmann Jr (Chairman & Founder) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Jhorvitz (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Bedford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rona Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Papineau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Worthman Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Yahr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Stieglitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris O'Connor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.schedule o

    Where can I find the form 990 for Mq Foundation Inc?

    The Mq Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.schedule o

    Learn more at the official website: www.schedule o

    Mission Statement of Mq Foundation Inc

    Mq Foundation Inc, a non-profit organization, is dedicated to promoting, advancing, fostering, and supporting mental health research. Their mission is specifically focused on understanding the nature, cause, diagnosis, treatment, cure, and prevention of all forms of mental illness. In addition, they aim to increase public awareness and support for this crucial research. Through their efforts, Mq Foundation Inc is striving to transform mental health by funding early career researchers who are focusing on adolescent mental health. A recent grant of $1,300,000 was given to support this research endeavor.

    Impact

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




    Tuesday, June 18, 2024

    Mq Foundation Inc is making a significant impact in the field of mental health research by promoting, advancing, fostering, and supporting research into the nature, cause, diagnosis, treatment, cure, and prevention of all forms of mental illness. Their grant of $1,300,000 to MQ: Transforming Mental Health for research funding for early career researchers focused on adolescent mental health demonstrates their commitment to supporting important research initiatives. Through their efforts, Mq Foundation Inc is playing a crucial role in advancing our understanding of mental health issues and promoting public awareness and support for this important cause.





    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: $934
  • Program Service Revenue: $0
  • Gross Receipts: $1,923,057

    • Assets and Liabilities:
  • Total Assets: $1,588,021
  • Total Liabilities: $676,956
  • Net Assets: $911,065
  • Organization Details

    Founding Year

    2018

    Principal Officer

    John Herrmann Jr

    Main Address

    12 EAST 49TH STREET 41ST FLOOR, NEW YORK, NY, 10017

    NTEE Category

    Code: F12 - Mental health

    If you are a representative of Mq Foundation Inc 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.