Is Mosakowski Family Charitable Foundation Legit?

The Mosakowski Family Charitable Foundation demonstrates strong financial health, with assets growing significantly over the past decade, from $21.3 million in 2011 to $73.7 million in 2023. The foundation consistently maintains minimal liabilities, often reported as just $1, indicating a very stable financial position. Revenue has fluctuated, with a notable peak of $25.1 million in 2022, but the foundation consistently manages its expenses well below its revenue in most years, allowing for asset growth. The foundation's NTEE code T20 suggests it is a private grantmaking foundation, which typically means its primary 'program service' is making grants. The absence of reported officer compensation is a significant positive indicator of efficiency and a focus on mission over administrative overhead. Spending efficiency appears high, particularly given the zero reported officer compensation across all available filings. As a grantmaking foundation, its 'program spending' would primarily be the grants it distributes. Without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely quantify program vs. administrative costs, but the lack of executive salaries suggests a lean operational structure. The foundation's consistent asset growth, even in years where expenses exceeded revenue (like 2023), points to effective investment management of its endowment. Transparency is generally good through its public 990 filings. The consistent reporting of zero officer compensation is a clear and positive transparent disclosure. The foundation's financial statements show a clear trend of increasing assets and responsible management of liabilities. Further transparency could be enhanced by more detailed public reporting on grant recipients and impact, though this is not typically required on the 990.