Funder DirectoryMICHAEL J MUNGO FOUNDATION
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Private foundation (trust)EIN 134203429Est. 2008-12

MICHAEL J MUNGO FOUNDATION

IRMO, SC 29063

Total Assets

$56.6M

FY 2024

Annual Giving

$2.6M

FY 2024

Grants Made

45

FY 2024

Avg Grant

$57K

FY 2024

Grant Range

$1K–$500K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$5.2M

Total Expenses

$3.0M

Qualifying Distributions

$2.6M

Distributable Amount

$2.6M

Min. Investment Return

$2.7M

Undistributed Income

$299K

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

45 grants

Grant sizes from minimum $1K through median $15K to maximum $500K, 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

4 years

Giving over time from 2020 to 2024. Peak $2.6M in 2024. Hover bars for details.

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

Top Recipients

185 grants

CENTRAL CAROLINA COMM FOUNDATION
$1.6M
3 grants
USC EDUCATIONAL FOUNDATION
$1.0M
4 grants
UNITED WAY OF THE MIDLANDS
$835K
4 grants
CENTRAL CAROLINA COMMUNITY FOUNDATI
$500K
1 grant
HARVEST HOPE FOOD BANK
$375K
3 grants
IRMO CHAPIN RECREATION COMMISSION
$355K
1 grant
AMERICAN CANCER SOCIETY
$250K
2 grants
HOMELESS NO MORE
$220K
4 grants

Grant Size Distribution

185 grants

<$10K
93
grants
$10–50K
61
grants
$50–250K
22
grants
$250K–1M
9
grants
$1–5M
$5M+

Geographic Focus

3 states

South Carolina
$8.0M
95% of total
North Carolina
$370K
4% of total
Idaho
$10K
0% of total

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