Public Charity

FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION INC

FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION INC is a nonprofit organization categorized as Public Charity based in MONTCLAIR, NJ. Its most recent IRS filing (2024) reports revenue of $862K, expenses of $788K, total assets of $590K. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $1.3M.

EIN: 133249351 MONTCLAIR, NJ Fund Raising & Fund Distribution NTEE: Q12 Latest filing: 2024
Total Revenue$862K
Total Expenses$788K
Total Assets$590K
Grant Records9
Funding Total$1.3M
Filing Years2020–2024

Mission

TO PROVIDE SUPPORT IN MEXICO TO DEVELOPMENT PROGRAMS INITIATED BY MEXICANS IN THE FIELDS OF HEALTH, THE HUMANITIES, EDUCATION, TOURISM, RURAL DEVELOPMENT, DISASTER RELIEF, AND SUSTAINABLE DEVELOPMENT.

Where $100 goes at Friends of Mexican Development Foundation Inc

How Friends of Mexican Development Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$96 Programs the work itself
$4 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 $96 for programs

$93
Grants to support projects of el centro investigador de sistema acuifero de quintana roo (cindaq) in mexico including the ox bel ha cave system exploration project, sian ka'an…
96% of program spending
$2
Amigos de sian ka'an-is a project fund that strives to preserve the natural resources of quintana roo, a state in mexico, by managing the quintana roo biosphere and…
3% of program spending
$1
Fundacion para la Salud y la Educacin Dr
1% of 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 Received

2024
HUMAN SERVICES
$800,000
2024
INTERNATIONAL, FOREIGN AFFAIRS
$100,000
2024
For grant recipient's exempt purposes
$6,000
2022
For grant recipient's exempt purposes
$7,500
2021
INTERNATIONAL, FOREIGN AFFAIRS
$42,680

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

SECRETARY Ann Brownell Sloane
VP & TREASURER Claudia Aleman Magnani
DIRECTOR Dame Jill Sackler
DIRECTOR Dominique Rissolo
CHAIRMAN & PRESIDENT Miguel Aleman Velasco
DIRECTOR Sam Meacham

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$849,245 2 grants
International Aid & Development
$397,020 5 grants
General Support
$13,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $862K $788K $590K
2023 $793K $477K $507K
2022 $775K $703K $186K
2021 $836K $791K $121K
2020 $1.2M $1.2M $75K

Between 2020 and 2024, reported annual revenue declined from $1.2M to $862K (-28%), with total assets most recently reported at $590K.

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

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