Private foundation (trust)EIN 872719512Est. 2021-11

MGO FOUNDATION

Sacramento, CA 95814

Total Assets

$34K

FY 2023

Annual Giving

$21K

FY 2023

Grants Made

8

FY 2023

Avg Grant

$3K

FY 2023

Grant Range

$500–$5K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$10K

To support the philanthropic efforts and initiatives of other section 501(c)(3) charitable organizations that provide necessary services with the communities in which we operate. To support the people of mgo and its affiliates in times of unexpected hardship or illness. To assist those in need by funding appropriate charitable organizations during times of local, regional, national, and international disasters. To foster financial education by funding and supporting creative and innovative programs to enhance the financial literacy of the people we serve.

Focus Areas

Corporate Foundations

Financial Snapshot

2023 filing

Total Revenue

$36K

Total Expenses

$36K

Qualifying Distributions

$21K

Distributable Amount

$1K

Min. Investment Return

$1K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

8 grants

Grant sizes from minimum $500 through median $3K to maximum $5K, shown on a logarithmic scale.

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

Top Recipients

8 grants

Beta Alpha Psi
$5K
1 grant
Cold Spring Harbor Laboratory
$5K
1 grant
Boca Helping Hands
$3K
1 grant
Watts Labor Community Action Committee
$3K
1 grant
Alameda Food Bank
$3K
1 grant
Save a Girl Save a World
$3K
1 grant
Giovanni Gomez
$500
1 grant
PS I Love You Day Inc
$500
1 grant

Grant Size Distribution

8 grants

<$10K
8
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

5 states

New York
$6K
26% of total
California
$6K
26% of total
North Carolina
$5K
24% of total
Florida
$3K
12% of total
Michigan
$3K
12% of total

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MGO FOUNDATION — Grants, Financials & Contact | Grantivo