M Charitable Fund
M Charitable Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RESTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.3M in total assets. In 2024, it awarded 7 grants totaling $423K. Net investment income was $858K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.3M
+16.6% YoY
Annual Giving
$423K
+17.7% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$60K
+17.7% YoY
Under IRS private-foundation payout rules, M Charitable Fund reported a distributable amount of $719K for 2024 — the minimum it must pay out in qualifying distributions.
About M Charitable Fund
Based on IRS filings
M Charitable Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RESTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.3M in total assets. In 2024, it awarded 7 grants totaling $423K. Net investment income was $858K.
Focus Areas
Ready to take the next step with M Charitable Fund?
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 | $12,286,697 | $10,539,192 | $8,629,339 |
| Revenue | $2,359,736 | $2,415,046 | $884,784 |
| Expenses | $612,231 | $505,193 | $580,434 |
| Qualifying Distributions | $482,109 | $406,243 | $443,838 |
| Net Investment Income | $858,379 | $885,586 | — |
| Distributable Amount | $718,540 | $550,723 | $425,696 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rockside Ranch ($161,000), Horses4heroes ($97,500), Lutheran High School Orange County ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FAITH LUTHERAN MIDDLE & HIGH SCHOOL LAS VEGAS, NV | STUDENT FINANCIAL AID | $10,000 |
| HORSES4HEROES LAS VEGAS, NV | GENERAL SUPPORT | $97,500 |
| LUTHERAN HIGH SCHOOL ORANGE COUNTY ORANGE, CA | GENERAL SUPPORT | $50,000 |
| OCSA FOUNDATION (ORANGE COUNTY SCHOOL OF THE ARTS) SANTA ANA, CA | FOR CULINARY AND HOSPITALITY CONSERVATORY | $34,000 |
| ROCKSIDE RANCH ETNA, CA | GENERAL SUPPORT | $161,000 |
| THE SMITH CENTER LAS VEGAS, NV | GENERAL SUPPORT | $20,000 |
| UNLV FOUNDATION (UNIVERSITY OF NORTHERN LAS VEGAS) LAS VEGAS, NV | MEKJIAN FAMILY MERIT SCHOLARSHIP FOR UNLV WILLIAM F HARRAH COLLEGE OF HOSPITALITY | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAL L MEKJIAN JR | TRUSTEE | 1 | — |
| MAUREEN C MEKJIAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is M Charitable Fund?
M Charitable Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RESTON, VA. It holds $12.3M in total assets as of 2024.
How large is M Charitable Fund?
As of 2024, M Charitable Fund holds $12.3M in total assets with $2.4M in annual revenue. It awarded 7 grants totaling $423K in 2024.
Where does M Charitable Fund operate?
M Charitable Fund has awarded grants in California, Nevada, Utah.
What size grants does M Charitable Fund award?
In 2024, M Charitable Fund awarded 7 grants totaling $423K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is M Charitable Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, M Charitable Fund reported a distributable amount of $719K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is M Charitable Fund's EIN?
M Charitable Fund's EIN (Employer Identification Number) is 83-6447922. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in M Charitable Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Egbert Family Foundation
HOUSTON, TX
Assets
—
Grants
5
Total Given
$28K
The Loftus Family Foundation
WILMINGTON, DE
Assets
$6.3M
Grants
10
Total Given
$174K
Westgate Foundation Inc
ORLANDO, FL
Assets
$4.7M
Grants
59
Total Given
$1.0M
Park City Community Foundation
PARK CITY, UT
Assets
$31.5M
Grants
98
Total Given
$5.0M
Christian V and Lisa D Young
SCOTTSDALE, AZ
Assets
$7.3M
Grants
37
Total Given
$590K
The Sandy Hill Foundation
MADISON, NJ
Assets
$25.4M
Grants
117
Total Given
$3.9M
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
The Kurt and Julie Hauser Foundation
WILMINGTON, DE
Assets
$7.1M
Grants
56
Total Given
$306K
The Demos Family Foundation
BRYN MAWR, PA
Assets
—
Grants
13
Total Given
$244K
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Hugh R Lamle Foundation
NEW YORK, NY
Assets
$3.6M
Grants
12
Total Given
$202K
Ssir Cares Inc
PARK CITY, UT
Assets
$21K
Grants
84
Total Given
$229K
More Funders in Virginia
Data last updated April 2026. Sourced from IRS Form 990-PF filings.