Funder DirectoryTHE MG FAMILY FOUNDATION INC
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Private foundation (trust)EIN 874079392Est. 2021-11

THE MG FAMILY FOUNDATION INC

BROOKLYN, NY 11220

Total Assets

FY 2023

Annual Giving

$48K

FY 2023

Grants Made

9

FY 2023

Avg Grant

$5K

FY 2023

Grant Range

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$10K

Total Expenses

$56K

Qualifying Distributions

$48K

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.

Giving Over Time

2 years

Giving over time from 2022 to 2023. Peak $498K in 2022. Hover bars for details.

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

Top Recipients

43 grants

FRIENDS OF DARCHEI HILLEL INC
$180K
2 grants
CONGREGATION BENEI LEVY INC
$61K
1 grant
CONGREGATION SHAARE ZION
$57K
1 grant
EZRAT ISRAEL
$29K
2 grants
YDE
$26K
1 grant
YESHIVAT OHEL TORAH
$20K
1 grant
NETIVEI OHR YAAKOV INC
$18K
2 grants
CONGREGATION KOLLEL HECHAL HATORAH
$18K
2 grants

Grant Size Distribution

42 grants

<$10K
31
grants
$10–50K
8
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

New York
$453K
83% of total
New Jersey
$94K
17% of total

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THE MG FAMILY FOUNDATION INC — Grants, Financials & Contact | Grantivo