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MN FOUNDATION INC
EAST SETAUKET, NY · EIN 852623916 · Form 990 · FY2024 · NTEE E60 · Health Care · Small ($100K-$1M)
revenue
$256K
expenses
$10K
net assets
$950K
employees
0
program ratio
84%
mission · from form 990

THE FOUNDATION'S MISSION IS TO DONATE MEDICAL EQUIPMENT TO HOSPITALS AND MEDICAL PRACTICES LOCATED IN LOW INCOME AREAS WITHIN THE UNITED STATES AND ABROAD.

profile · synthesized from sources

MN FOUNDATION INC is a nonprofit organization based in East Setauket, NY, dedicated to donating medical equipment to hospitals and medical practices in low-income areas. The foundation supports healthcare access both within the United States and internationally by providing critical medical supplies to underserved facilities.

named programs · 1 · from sources

What they call their work

Medical Equipment Donation Program
Procures and donates medical equipment to hospitals and clinics in economically disadvantaged regions within the U.S. and internationally
activities · 1 group

What they do

  • Hospital and Medical Center Support 1 activity
    • Donating medical equipment to hospitals and medical practices
      Provides medical equipment donations to hospitals and medical practices in low-income areas both within the United States and abroad.
financials · form 990 · fy2024
revenue
Total revenue$256K
Contributions & grants$230K90%
Program service revenue$00%
Investment income$26K10%
Other revenue$0
expenses
Total expenses$10K
Program expenses84%
Admin / overhead16%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$950K
Cash$925K
Investments$25K
Liabilities$0
Net assets$950K
Liquid reserves1098.7 mo
4 years on record · 2021–2024 · YoY revenue -2.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • AHEMD FAHMY — DIRECTOR
  • MAGDY SHADY — DIRECTOR
  • MOHAMED HAKIM — DIRECTOR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Direct Equipment Donation
    methodology: direct_equipment_donation
    By donating medical equipment directly to hospitals and medical practices in low-income areas, we improve access to essential health care resources because it reduces infrastructure barriers and enables immediate clinical service delivery.