Liabilities / Assets
17th percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2021 • EIN 54-6073008
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
17th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
17th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Assets
Up$1,809,126
Up $221,413 (+14%) from 2020
Net Assets
Up$1,809,126
Up $221,413 (+14%) from 2020
Liabilities
Flat$0
Flat from 2020
Revenue
Down$86,913
Down $4,506 (-4.9%) from 2020
Expenses
Down$33,659
Down $2,321 (-6.5%) from 2020
Net Income
Down$53,254
Down $2,185 (-3.9%) from 2020
Providing grants and interest-free loans to post-secondary students and grants to community organizations that demonstrate financial need.
The Foundation makes grants and interest-free loans to post-secondary students and supports community organizations with grants for specific purposes. The Foundation provides stewardship of the financial resources entrusted to it.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $1,587,713 | $1,809,126 | ▲ $221,413 |
| Investments in Publicly Traded Securities | $1,177,240 | $1,452,592 | ▲ $275,352 |
| Receivable From Disqualified Prsn | $339,744 | $329,425 | ▼ $10,319 |
| Cash and Non-Interest-Bearing Accounts | $70,729 | $27,109 | ▼ $43,620 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $1,587,713 | $1,809,126 | ▲ $221,413 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,587,713 | $1,809,126 | ▲ $221,413 |
| Total Liabilities and Net Assets / Fund Balance | $1,587,713 | $1,809,126 | ▲ $221,413 |
| Name | Title |
|---|---|
| Kathie Bailey | Grants Chair |
| Charlie Mullin | Investments Chair |
| Cynthia Nelson | Loans Co-Chair |
| Elizabeth Wray | Loans Co-Chair |
| Cheryl Moore | VP President & Development Chair |
| Lucinda Maine | President |
| Wayne Witting | Assistant Treasurer |
| Amy Carter | Co-Secretary |
| Taylor Heim | Co-Secretary |
| Steven Meek | Controller |
| Brian Butler | Member |
| Chang Ellison | Member |
| David Early | Member |
| Dotty Dake | Member |
| Jim Coates | Member |
| Jim Dake | Member |
| Laura Jensen | Member |
| Mary Bell | Member |
| Pam Girardo | Member |
| Rachel Hensler | Member |
| Tad Davis | Member |
| Rick Ritter | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $31,500 |
| Other Expenses | $2,159 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $23,100 | - | - | $23,100 |
| Grants to Domestic Orgs | $8,400 | - | - | $8,400 |
| Fees for Services Accounting | - | $1,200 | - | $1,200 |
| Information Technology | - | $685 | - | $685 |
| All Other Expenses | - | $274 | - | $274 |
| Total Functional Expenses | $31,500 | $2,159 | $0 | $33,659 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | $339,744 | $329,425 | ▼ $10,319 |
“Part VI A2. Among the members of the Foundation board is a married couple: Dorothy and James Dake”
“Among the members of the Foundation board is a married couple: Dorothy and James Dake.”
“The Form 990 is reviewed by the Foundation's president and controller prior to submission.”
“In accordance with the board's conflict of interest policy, a board member with a conflict of interest related to a matter requiring a board vote must state the need to recuse himself/herself from the discussion and vote on the matter and must leave the meeting room. The secretary records the board member's recusal in the meeting minutes.”
“Governing documents and financial statements are available to the public upon request. Copies may the obtained by writing to Mount Olivet Foundation, 1500 N Glebe Rd, Arlington, VA 22207.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | The Foundation makes grants and interest-free loans to post-secondary students and supports community organizations with grants for specific purposes. The Foundation provides stewardship of the financial resources entrusted to it. |
| IRS990/AllOtherContributionsAmt | 0 | 86663 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 274 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 274 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Cheryl Moore |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7032379481 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | Mount Olivet Foundation |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | 1500 N Glebe Rd |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Arlington |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22207 |
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| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 70729 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 27109 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
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| IRS990/ContriRptFundraisingEventAmt | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
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| IRS990/CYContributionsGrantsAmt | 0 | 86663 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 31500 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 2159 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 250 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 53254 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 33659 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 86913 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | During 2021 the Foundation made educational grants ranging from $800 to $5,000 to 15 different students. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonatedServicesAndUseFcltsAmt | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 23100 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FederatedCampaignsAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1200 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1200 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3 |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Lucinda Maine |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Cheryl Moore |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Cynthia Nelson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Elizabeth Wray |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Chang Ellison |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Charlie Mullin |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Rick Ritter |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Wayne Witting |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Kathie Bailey |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Amy Carter |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Taylor Heim |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Laura Jensen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Steven Meek |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Dotty Dake |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | David Early |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Rachel Hensler |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Mary Bell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Jim Coates |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | Jim Dake |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | Pam Girardo |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | Brian Butler |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | Tad Davis |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VP President & Development Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Loans Co-Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Loans Co-Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Investments Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Assistant Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Grants Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Co-Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Co-Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Controller |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | Member |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1967 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingAmt | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 22 |
| IRS990/GovernmentGrantsAmt | 0 | 0 |
| IRS990/GrantAmt | 0 | 23100 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 23100 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 23100 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 8400 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 8400 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 86913 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 22 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 685 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 685 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 1177240 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1452592 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Providing grants and interest-free loans to post-secondary students and grants to community organizations that demonstrate financial need. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1587713 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1809126 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 168159 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Cheryl Moore |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Lending |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 250 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 250 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | During 2021 the Foundation provided grants ranging from $1,000 to $2,000 to five community organizations that provide services to low-income persons. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 8400 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 8400 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | During 2021 the Foundation made loans of $5,000 and $10,000 to 3 students to cover educational expenses. The Foundation at the end of 2021 had a total of $329,425 on loan. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 250 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 91044 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 34000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 1980 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 375 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 55439 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 35980 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 91419 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 339744 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 329425 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 53254 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1587713 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1809126 |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | The Foundation does not engage in extensive fundraising activities, but it has a continuing program to remind the affiliate church's members and other interested parties of the opportunities to assist low-income students and community organizations through financial contributions. Donations to the Foundation are typically in the range of $50 to $500, with the occasional gift or bequest of $10,000 or more. The fluctuating levels of contributions and the relatively large portion of restricted principal funds means that investment income usually represents a substantial portion of the funds available for grants and loans. Investment income and contributions are subject to considerable fluctuations from year to year depending on the economic climate and securities markets as well as the generosity of donors. Consequently, calculated "public support" is often less than 33.3% of total support. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 86663 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 91044 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16556 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 35320 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 25477 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 255060 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 46863 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 8110 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 38398 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 93371 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.23753 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.17799 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 82764 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 172296 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 86663 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 91044 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16556 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 35320 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 25477 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 255060 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 348431 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 23100 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | Grants to educational institutions for students |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 15 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | The Grants Committee of the Foundation reviews all grant applications using established criteria most recently updated in 2012. Grants to non-profit organizations are awarded based on requests for specific projects that support underserved and low-income populations in local communities. Grants to individuals are awarded based upon criteria which include review of financial need with preference given to applicants with ties to Mount Olivet United Methodist Church in Arlington, Virginia, or the Methodist community. For educational grants, checks are made payable to the recipient's accredited educational institution. In recent years, amounts requested in applications have exceeded available funds. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule I, Part I, Line 2 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Part VI A2. Among the members of the Foundation board is a married couple: Dorothy and James Dake |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Among the members of the Foundation board is a married couple: Dorothy and James Dake. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The Form 990 is reviewed by the Foundation's president and controller prior to submission. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | In accordance with the board's conflict of interest policy, a board member with a conflict of interest related to a matter requiring a board vote must state the need to recuse himself/herself from the discussion and vote on the matter and must leave the meeting room. The secretary records the board member's recusal in the meeting minutes. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Governing documents and financial statements are available to the public upon request. Copies may the obtained by writing to Mount Olivet Foundation, 1500 N Glebe Rd, Arlington, VA 22207. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, Line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.