Federico Mg Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $749K in total assets. In 2024, it awarded 5 grants totaling $38K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$749K
-1.3% YoY
Annual Giving
$38K
+2.1% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$8K
+22.6% YoY
Under IRS private-foundation payout rules, Federico Mg Charitable Fdn reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.
About Federico Mg Charitable Fdn
Based on IRS filings
Federico Mg Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $749K in total assets. In 2024, it awarded 5 grants totaling $38K. Net investment income was $32K.
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 | $749,128 | $759,109 | $716,596 |
| Revenue | $41,804 | $92,153 | $52,450 |
| Expenses | $51,784 | $49,825 | $55,136 |
| Qualifying Distributions | $39,925 | $39,131 | $45,500 |
| Net Investment Income | $31,578 | $81,698 | $43,857 |
| Distributable Amount | $44,993 | $39,925 | $40,771 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bunnies Urgently Needing Shelter ($15,359), Santa Barbara Wildlife Care Network ($7,859), Hearts Therapeutic Equestrian Center ($5,359).
| Recipient | Purpose | Amount |
|---|---|---|
| CARE4PAWS SANTA BARBARA, CA | GENERAL OPERATING | $3,859 |
| BUNNIES URGENTLY NEEDING SHELTER GOLETA, CA | GENERAL OPERATING | $15,359 |
| SANTA BARBARA WILDLIFE CARE NETWORK SANTA BARBARA, CA | GENERAL OPERATING | $7,859 |
| HEARTS THERAPEUTIC EQUESTRIAN CENTER SANTA BARBARA, CA | GENERAL OPERATING | $5,359 |
| WOODS HUMANE SOCIETY SAN LUIS OBISPO, CA | GENERAL OPERATING | $5,359 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| US BANK N A | TRUSTEE | 1 | $10,800 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Federico Mg Charitable Fdn?
Federico Mg Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $749K in total assets as of 2024.
How large is Federico Mg Charitable Fdn?
As of 2024, Federico Mg Charitable Fdn holds $749K in total assets with $42K in annual revenue. It awarded 5 grants totaling $38K in 2024.
Where does Federico Mg Charitable Fdn operate?
Federico Mg Charitable Fdn has awarded grants in California, New Hampshire.
What size grants does Federico Mg Charitable Fdn award?
In 2024, Federico Mg Charitable Fdn awarded 5 grants totaling $38K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Federico Mg Charitable Fdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Federico Mg Charitable Fdn reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Federico Mg Charitable Fdn's EIN?
Federico Mg Charitable Fdn's EIN (Employer Identification Number) is 20-1838902. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Federico Mg Charitable Fdn'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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