Form 990 for tax year 2022

Totals

Total revenue

$3,899,875

Total expenses

$3,533,587

Contributions and grants received

$3,894,541

Grants paid

$3,533,587

Program service revenue

$0

Investment income

$5,334

Other revenue

$0

Total assets, end of year

$8,412,690

Total liabilities, end of year

$1,018,457

Net assets or fund balances, end of year

$7,394,233

Program services expenses (Part IX)

$3,533,587

Management and general expenses

$0

Fundraising expenses

$0

Program service expenses (Part III)

$3,533,587

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• THE MGM RESORTS FOUNDATION CONSOLIDATES THE CHARITABLE GIVING EFFORTS OF THE MGM RESORTS INTERNATIONAL EMPLOYEES IN ORDER TO MAXIMIZE RESOURCES AND BENEFITS FOR THE COMMUNITIES IN WHICH THESE EMPLOYEES LIVE, WORK AND CARE FOR THEIR FAMILIES. THIS IS ACCOMPLISHED THROUGH PROVIDING GRANTS AND CHARITABLE DONATIONS TO CHARITIES IN THE EMPLOYEES' COMMUNITIES.

  Expenses $2,920,577 · Grants $2,920,577

• THE EMPLOYEE EMERGENCY GRANT (EEG) & CHILDREN'S MEDICAL SUPPORT FUND COMPRISE FUNDING ALLOCATED TO SUPPORT EMPLOYEES IN TIMES OF AN EMERGENCY. IT IS DESIGNED TO PROVIDE EMPLOYEES AND IMMEDIATE FAMILIES WITH SHORT-TERM ASSISTANCE DURING UNEXPECTED HARDSHIPS. GRANTS ARE USED TO COVER HARDSHIP EXPENSES SUCH AS FOOD OR CLOTHING ASSISTANCE, TEMPORARY HOUSING, SUPPORT IN PAYING RENT, MORTGAGES OR UTILITIES, OR FOR MEDICAL OR HOSPITAL BILL PAYMENTS.

  Expenses $613,010 · Grants $613,010

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

• THE UCLA FOUNDATION 90099

  $200,000

• SAFE NEST TEMPORARY ASSISTANCE FOR

  $86,807

• THREE SQUARE

  $86,739

• NEVADA PARTNERSHIP FOR HOMELESS YOU

  $82,854

• S A F E HOUSE INC STOP ABUSE IN THE

  $81,071

• NEVADA HEALTH CENTERS INC

  $80,000

• NEVADA DIABETES ASSOCIATION FOR CHI

  $80,000

• NEVADA BLIND CHILDREN FOUNDATION

  $80,000

• MARTY HENNESSY INSPIRING CHILDREN F

  $80,000

• HOOKERS FOR JESUS

  $80,000

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2022

Filed

13 October 2023

IRS schema version

2022v5.0

Source object

202342869349300644

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.