irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $535KSCHOLARSHIPS - SEE SCHEDULE O
named programs · 1 · from sources
What they call their work
MAIP
Cornerstone program providing access, training, mentorship, and community support to underrepresented talent in advertising, with a focus on long-term development and industry integration
activities · 1 group
What they do
-
Industry-Specific Student Scholarships and Competitions 1 activity
- Funding scholarships and grants for students in creative fieldsProvides financial support through awards, grants, and scholarships to students pursuing education and professional development in advertising, marketing, media, creative arts, and public relations. Since 1997, the foundation has distributed over $4 million in funding.
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financials · form 990 · fy2024
revenue
Total revenue$1.20M
Contributions & grants$662K55%
Program service revenue$461K38%
Investment income$6030%
Other revenue$74K
expenses
Total expenses$2.86M
Program expenses68%
Admin / overhead20%
Fundraising12%
Salaries & benefits$1.50M
Grants paid out$177K
Largest expense lineCompensation
balance sheet
Total assets$174K
Cash$174K
Investments$0
Liabilities$358K
Net assets$-184K
Liquid reserves0.7 mo
4 years on record · 2020–2024 · YoY revenue -45.1%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 6
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| MARLA KAPLOWITZ | PRESIDENT | 5 | $951K |
| CATHY BUTLER | EVP 4AS INC. (AS OF 02/2024) | 20 | $310K |
| JAMES O'DONNELL | EVP FINANCE/TREASURER | 5 | $279K |
| RUBY TANGIERA MURRAY | SENIOR VICE PRESIDENT (THRU 09/2024) | 20 | $213K |
| JACQUELYN GREEN | PROGRAM DIRECTOR | 40 | $125K |
| KENNEDY STUDDARD | MANAGER, MAIP ALUMNI & EDUC. PROGRAMS | 40 | $121K |
board members · 19
- ASHLEY MCGOWAN — DIRECTOR
- ASHOK SINHA — DIRECTOR
- CHRIS LOLL — DIRECTOR
- DEIDRE SMALLS-LANDAU — DIRECTOR
- DENISE WONG — DIRECTOR
- DOUGLAS DAVIS — DIRECTOR
- EMILY SANDER — DIRECTOR
- JEFF MONAHAN — CO CHAIRPERSON
- JEFFREY BOWMAN — DIRECTOR (AS OF 10/2024)
- JENNIFER RISI — DIRECTOR
- LUIS MIGUEL MESSIANU — DIRECTOR
- LUKEISHA PAUL — DIRECTOR
- MARY BAGLIVO — DIRECTOR
- NATHAN FRIEDMAN — DIRECTOR (AS OF 10/2024)
- RENEE JENNINGS — BOD TREASURER
- RENETTA MCCANN — DIRECTOR
- RONALD LEWIS — DIRECTOR
- RUSTON SPURLOCK — CO CHAIRPERSON
- SADIE THOMA — DIRECTOR
relationships · 1
Who they work with
- MAIP Partner — Cornerstone program focused on expanding opportunities for underrepresented talent in advertising through training, mentorship, and community support.
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.
- Inclusive Talent Accelerationmethodology: inclusive_talent_accelerationBy providing training, mentorship, and community support to historically underrepresented talent in advertising, we increase their long-term success and industry representation because structured access and sustained support address systemic barriers to entry and advancement.