J Mithun Trust Fbo Mithun Foundation

PENNINGTON, NJ EIN: 30-6575262

J Mithun Trust Fbo Mithun Foundation is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2019 through 2024. In 2024, it awarded 1 grants totaling $287K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$287K

+572.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$287K

+572.9% YoY

Under IRS private-foundation payout rules, J Mithun Trust Fbo Mithun Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

About J Mithun Trust Fbo Mithun Foundation

Based on IRS filings

Ready to take the next step with J Mithun Trust Fbo Mithun Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $545K (100%)

States

Minnesota

Cities

Scandia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	$909,390	$921,758
Revenue	$8,029	$40,826	$25,377
Expenses	$290,195	$53,067	$106,830
Qualifying Distributions	$274,349	$48,436	$87,622
Net Investment Income	$5,825	$24,938	$23,229
Distributable Amount	$16,648	$60,949	$85,662

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 Jeanne M Mithun Foundation ($286,535).

Recipient	Purpose	Amount
JEANNE M MITHUN FOUNDATION SCANDIA, MN	GENERAL OPERATING	$286,535

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$2,835

Frequently Asked Questions

Where does J Mithun Trust Fbo Mithun Foundation operate?

J Mithun Trust Fbo Mithun Foundation has awarded grants in Minnesota.

What size grants does J Mithun Trust Fbo Mithun Foundation award?

In 2024, J Mithun Trust Fbo Mithun Foundation awarded 1 grants totaling $287K — an average of about $287K per grant, based on its IRS Form 990 filings.

How much is J Mithun Trust Fbo Mithun Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, J Mithun Trust Fbo Mithun Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is J Mithun Trust Fbo Mithun Foundation's EIN?

J Mithun Trust Fbo Mithun Foundation's EIN (Employer Identification Number) is 30-6575262. IRS Form 990 filing data is available on this page for 2019–2024.