Private foundation (trust)EIN 742882442Est. 1998-11

MFI FOUNDATION

AUSTIN, TX 78768

Total Assets

$28.5M

FY 2023

Annual Giving

$1.2M

FY 2023

Grants Made

58

FY 2023

Avg Grant

$21K

FY 2023

Grant Range

$500–$110K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$1.7M

Total Expenses

$1.5M

Qualifying Distributions

$1.3M

Distributable Amount

$1.4M

Min. Investment Return

$1.4M

Undistributed Income

$384K

Payout rate 98%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.98%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

58 grants

Grant sizes from minimum $500 through median $8K to maximum $110K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $1.2M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

178 grants

AUSTIN COMMUNITY FOUNDATION
$258K
3 grants
WATERLOO GREENWAY CONSERVANCY
$220K
3 grants
RARE
$200K
3 grants
PLANNED PARENTHOOD
$132K
2 grants
HUSTON-TILLOTSON UNIVERSITY
$123K
2 grants
PLANNED PARENTHOOD OF GREATER TEXAS
$110K
1 grant
UNIVERSITY OF TEXAS AT AUSTIN
$107K
3 grants
NEXTGEN CLIMATE AMERICA
$100K
1 grant

Grant Size Distribution

178 grants

<$10K
123
grants
$10–50K
38
grants
$50–250K
17
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

11 states

Texas
$2.0M
70% of total
California
$288K
10% of total
Virginia
$281K
10% of total
Pennsylvania
$152K
5% of total
District of Columbia
$110K
4% of total
Massachusetts
$13K
0% of total
New York
$7K
0% of total
Alabama
$2K
0% of total
Montana
$2K
0% of total
Florida
$1K
0% of total

+1 more states

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MFI FOUNDATION — Grants, Financials & Contact | Grantivo