M and M Foundation

Private foundation · Grantmaker Scottsdale, AZ EIN: 84-6661419

M and M Foundation is a private foundation, based in Scottsdale, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $588K in total assets. In 2024, it awarded 1 grant totaling $6K. Net investment income was $47.

M and M Foundation at a glance

In short: M and M Foundation gave $6K across 1 grant in 2024 (avg $6K), mostly in Arizona. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$6,200
-22.5% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$6,200
-22.5% vs 2023
Median grant
$6,200
Total assets
$588,140
+13.1% vs 2023
Primary geography
Arizona (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who M and M Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Scottsdale Prepatory Academy: $6KScottsdale Prepatory Academy$6K

The largest 2024 recipient was Scottsdale Prepatory Academy ($6K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Scottsdale

How M and M Foundation gives

  • In 2024 it paid out 42% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants2020 0 grants2021 2 grants2022 1 grant2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $6K (2022) to $8K (2023). In 2024 it made 1 grant totaling $6K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Scottsdale Prepatory Academy Scottsdale, AZGift Bible Club$6,200
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$588,140$108,500$11,233$6,2001$11,233$47$26,636
2023$519,951$121,300$21,300$8,0001$21,300—$23,145
2022$419,951$99,592$20,100$6,0002$20,100—$20,683
2021$340,459$226,709—————$16,768
2020$113,750$113,750——————

Under IRS private-foundation payout rules, M and M Foundation reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

M and M Foundation is led by Mark S Davis, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Mark S Davis

    Trustee

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Monika M. Davis (2020–2022) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about M and M Foundation

How much does M and M Foundation give each year?

M and M Foundation gave $6K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $8K across 1 grant.

How large is M and M Foundation?

M and M Foundation reported $588K in total assets on its 2024 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $27K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does M and M Foundation operate?

M and M Foundation has awarded grants in Arizona.

What is M and M Foundation's EIN?

M and M Foundation's EIN (Employer Identification Number) is 84-6661419. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from M and M Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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