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Mothers Foundation Inc

Gloversville, NY Tax ID: 11-3578962 infomothersfoundation.org

Mothers Foundation Inc, based in Gloversville, NY, supports economically disadvantaged individuals through community development and housing projects, led by volunteer leaders Lorie and Michael Bonnick, but faces a financial shortfall with expenses exceeding revenue.

About Mothers Foundation Inc

Comprehensive foundation profile based on the most recent IRS Form 990 filing

Mothers Foundation Inc is a non-profit organization based in Gloversville, New York, USA. The foundation focuses on supporting economically disadvantaged and low-income individuals through community and economic development initiatives, as well as housing development and rehabilitation projects. Despite having assets totaling $22,342, the foundation's revenue is $2,992, with expenses amounting to $4,524, indicating a financial shortfall. The foundation is led by Lorie Bonnick, Co-Chairman of the Board, and Michael Bonnick, Chairman of the Board and President, both of whom volunteer their time without compensation. The foundation does not currently specify any particular cities or states where its funding is directed.

Focus Areas

Economically disadvantaged peopleLow-income peopleCommunity and economic developmentHousing developmentHousing rehabilitation

Geographic Focus

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Key Statistics
Total Assets $22K
Total Awarded This Year $undefined
Average Grant Size $NaN
Total Grants (Previous Year) 0
Open to New Applicants
% New Applicants Funded
Contact Information
Gloversville, NY
Geographic Funding Distribution

Financials

Total Assets
$22K

+2.6% from previous year

Annual Grants
$0

0 grants awarded in 2024

Expense Ratio
151.2%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation

People

Leadership & Staff

Compensation data from most recent available 990 forms

LB

Lorie Bonnick

Co-Chairman of the Board - Fou

$0 2024
MB

Michael Bonnick

Chairman of the Board - Presid

$0 2024
Showing 2 of 2 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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