Public Charity

MP PRESERVATION INC

Based in FOSTER CITY, CA, MP PRESERVATION INC operates as a Public Charity. The organization reported $2.8M in revenue, $1.2M in expenses, $19.7M in total assets for fiscal year 2024. Imperigo tracks 7 reported grants from this foundation totaling approximately $5.7M.

EIN: 943319924 FOSTER CITY, CA Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$2.8M
Total Expenses$1.2M
Total Assets$19.7M
Grants Given7
Grant Total$5.7M
Filing Years2019–2024

Mission

IN CONJUNCTION WITH RELATED ORGANIZATIONS, MP PRESERVATION INC'S MISSION IS TO PROVIDE SAFE, AFFORDABLE HOUSING OF HIGH QUALITY TO THOSE IN NEED; TO ESTABLISH STABILITY AND OPPORTUNITY IN THE LIVES OF RESIDENTS; AND TO FOSTER DIVERSE COMMUNITIES THAT ALLOW PEOPLE FROM ALL ETHNIC, SOCIAL AND ECONOMIC BACKGROUNDS TO LIVE IN DIGNITY, HARMONY AND MUTUAL RESPECT.

Where $100 goes at Mp Preservation Inc

How Mp Preservation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The organization is a general partner in limited partnerships which own and operate low income housing for low income persons
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

FOSTER CITY, CA · 2024
GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES.
$1,152,000
FOSTER CITY, CA · 2023
GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES.
$1,307,000
FOSTER CITY, CA · 2022
GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES.
$1,002,660
FOSTER CITY, CA · 2020
GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES.
$786,000
FOSTER CITY, CA · 2019
GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES.
$650,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

ASSISTANT SECRETARY Abigail Goldware Potluri
COO / ASSISTANT SECRETARY Ann Goggins Gregory
DIRECTOR Chan U Lee
DIRECTOR Elisa De Laet Jagerson
TREASURER Enrique Torres
CHAIRPERSON Eric Harrison

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$5,709,160 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.8M $1.2M $19.7M
2023 $2.7M $1.3M $18.0M
2022 $3.5M $1.0M $16.5M
2020 $3.2M $793K $12.3M
2019 $2.9M $653K $9.9M

Between 2019 and 2024, reported annual revenue declined from $2.9M to $2.8M (-5%), with total assets most recently reported at $19.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA.

CA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for MP PRESERVATION INC

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