Mightycause Charitable Foundation
Mightycause Charitable Foundation
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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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More about this organization
Mission
The Mightycause Charitable Foundation is a 501(c)(3) public charity that exists to promote and provide online charitable giving solutions that support a new era in philanthropy. By leveraging secure and efficient technologies, the Mightycause Foundation seeks to provide robust, high-value, low-cost end-to-end solutions for donors and nonprofits to easily fundraise and engage in charitable giving activities.
About
DONOR ADVISED FUND AND CHARITABLE GRANT MAKING: MIGHTY CAUSE 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 2018: -ENGAGED AND EMPOWERED NEARLY 30,000 INDIVIDUAL VOLUNTEERS TO SERVE AS FUNDRAISERS. -RECEIVED OVER 35 MILLION IN DONOR ADVISED CONTRIBUTIONS FROM HUNDREDS OF THOUSANDS OF DONORS RESULTING IN GRANTS TO OVER 10,000 CHARITIES AND SCHOOLS. -DISTRIBUTED 94.26% OF DONOR ADVISED CONTRIBUTIONS RECEIVED IN 2018, 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 2019, THE FOUNDATION DISBURSED THE REMAINDER OF THE FUNDS RECEIVED AND ADVISED IN 2018.
Interesting data from their 2019 990 filing
The filing documents outline the non-profit's mission as “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.”.
When outlining the tasks it performs, they were referred to as: “Fosters the democratization of philanthropy promoting high volume fundraising & grant making.”.
- The non-profit's reported state of operation is DE as per legal requirements.
- As of 2019, the non-profit has 1 employees reported on their 990 form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$2,395,798.
- The CEO compensation policy of the organization is not established through an independent review and approval process.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 2 independent voting members.
- The organization was formed in 2010.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $23,933 in salary, compensation, and benefits to its employees.
- The organization pays $114,719 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.