Private foundation (trust)EIN 341787987Est. 1995-08

THE MFG FOUNDATION

ASHTABULA, OH 440050675

Total Assets

$4.8M

FY 2023

Annual Giving

$124K

FY 2023

Grants Made

7

FY 2023

Avg Grant

$18K

FY 2023

Grant Range

$8K–$30K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$252K

Total Expenses

$165K

Qualifying Distributions

$124K

Distributable Amount

$219K

Min. Investment Return

$222K

Undistributed Income

$202K

Payout rate 56%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.56%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $8K through median $15K to maximum $30K, 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

7 years

Giving over time from 2017 to 2023. Peak $323K in 2022. Hover bars for details.

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

Top Recipients

85 grants

HEALTHNETWORK FOUNDATION
$100K
6 grants
ASHTABULA COUNTY AIRPORT AUTHORITY
$100K
1 grant
KENT STATE UNIVERSITY FOUNDATION
$100K
2 grants
KENT STATE UNIVERSITY - ASHTABULA CAMPUS
$100K
2 grants
ASHTABULA COUNTY AIRPORT
$92K
3 grants
ACMC FOUNDATION
$72K
2 grants
FELLOWSHIP OF CHRISTIAN ATHLETES
$40K
5 grants
ASHTABULA FOUNDATION
$35K
1 grant

Grant Size Distribution

85 grants

<$10K
53
grants
$10–50K
29
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

10 states

Ohio
$947K
76% of total
North Carolina
$68K
5% of total
Pennsylvania
$60K
5% of total
South Dakota
$54K
4% of total
Missouri
$40K
3% of total
Alabama
$34K
3% of total
Texas
$30K
2% of total
Georgia
$15K
1% of total
District of Columbia
$5K
0% of total
California
$1K
0% of total

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THE MFG FOUNDATION — Grants, Financials & Contact | Grantivo