A & B Mac Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $968K in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$968K
+130.9% YoY
Annual Giving
$55K
+57.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$55K
+57.1% YoY
Under IRS private-foundation payout rules, A & B Mac Family Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About A & B Mac Family Foundation
Based on IRS filings
A & B Mac Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $968K in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $17K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $967,729 | $419,170 | $394,105 |
| Revenue | $618,721 | $74,692 | $57,748 |
| Expenses | $70,162 | $49,627 | $50,420 |
| Qualifying Distributions | $65,949 | $45,735 | $45,525 |
| Net Investment Income | $16,508 | $7,338 | $8,753 |
| Distributable Amount | $23,592 | $19,093 | $18,185 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cyber Sikh Organization ($55,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CYBER SIKH ORGANIZATION YORBA LINDA, CA | General & Unrestricted | $55,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bhupinder S Mac | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is A & B Mac Family Foundation?
A & B Mac Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $968K in total assets as of 2024.
How large is A & B Mac Family Foundation?
As of 2024, A & B Mac Family Foundation holds $968K in total assets with $619K in annual revenue. It awarded 1 grants totaling $55K in 2024.
Where does A & B Mac Family Foundation operate?
A & B Mac Family Foundation has awarded grants in California.
What size grants does A & B Mac Family Foundation award?
In 2024, A & B Mac Family Foundation awarded 1 grants totaling $55K — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is A & B Mac Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, A & B Mac Family Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is A & B Mac Family Foundation's EIN?
A & B Mac Family Foundation's EIN (Employer Identification Number) is 81-4627422. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in A & B Mac Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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