M D Close Foundation

Foundation · Grantmaker LAS VEGAS, NV EIN: 88-6006986

M D Close Foundation is a private foundation, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. In 2024, it awarded 11 grants totaling $338K. Net investment income was $28K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$338K

+2283.0% YoY

Grant Count

11

+37.5% YoY

Avg Grant Size

$31K

+1633.1% YoY

About M D Close Foundation

Based on IRS filings

M D Close Foundation is a private foundation, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. In 2024, it awarded 11 grants totaling $338K. Net investment income was $28K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AtlantaBaltimoreBoulder CityChicagoFrederickGilbertGilvertIrvineLakesideLas VegasMesaMonroviaOremSacramentoSalt Lake CitySilver SpringWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$99K$199K$298K$397K20202021202220232024
Metric202420232022
Total Assets$329,613$354,622
Revenue$30,668$-1,660$63,267
Expenses$361,127$23,349$49,381
Qualifying Distributions$357,472$18,376$43,675
Net Investment Income$27,513$9,189$31,550
Distributable Amount$18,049$18,676

Giving Over Time

Total grant dollars and number of grants per year

$0$85K$169K$254K$338K17 grants202017 grants202118 grants20228 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LDS - Desert Road Ward$101KUCI Foundation$81KSt Judes Children Research$36KAmerican Heart Association$36KLDS - Lakeview 7th Ward$20KLDS - Porter Park Ward$20KLDS - Lakeside Ward$20KLDS - Sun Valley Ward$11KLDS - Brimhall Ward$7KLDS - Redfiled Ward$3K

Grant Size Distribution

71 grants across all recorded years

69<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include LDS - Desert Road Ward ($101,375), UCI Foundation ($81,000), St Judes Children Research ($35,500).

RecipientPurposeAmount
LDS - Lakeview 7th Ward Orem, UTUnrestricted$20,375
St Judes Children Research Boulder City, NVUnrestricted$35,500
LDS - Sun Valley Ward Las Vegas, NVUnrestricted$11,293
LDS - McDowell Ward Mesa, AZUnrestricted$2,400
LDS - Brimhall Ward Mesa, AZUnrestricted$7,200
LDS - Redfiled Ward Gilbert, AZUnrestricted$3,000
American Heart Association Las Vegas, NVUnrestricted$35,500
UCI Foundation Irvine, CAUnrestricted$81,000
LDS - Porter Park Ward Mesa, AZUnrestricted$20,375
LDS - Lakeside Ward Lakeside, CAUnrestricted$20,375

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Melvin D Close JrPresident0.5
Jack CloseSec/Treasurer0.2
Patricia CloseVice President
David CloseVice President

Frequently Asked Questions

Where does M D Close Foundation operate?

M D Close Foundation has awarded grants in Arizona, California, District of Columbia, Georgia, Illinois, Maryland, Nevada, Utah.

What size grants does M D Close Foundation award?

In 2024, M D Close Foundation awarded 11 grants totaling $338K — an average of about $31K per grant, based on its IRS Form 990 filings.

What is M D Close Foundation's EIN?

M D Close Foundation's EIN (Employer Identification Number) is 88-6006986. IRS Form 990 filing data is available on this page for 2020–2024.

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

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