Mads Engelstoft Foundation
Mads Engelstoft Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 17 grants totaling $271K. Net investment income was $135K.
Key facts about Mads Engelstoft Foundation
- EIN
- 84-3786992
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $271,090
- Grants made (2024)
- 17
- Average grant
- $15,946
- Median grant
- $3,000
- Total assets
- $4,674,148
- Primary geography
- Texas (47% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Mads Engelstoft Foundation funds
By grant dollars, the top recipient states for Mads Engelstoft Foundation's 17 itemized 2024 grants were Texas (47%). The most frequent recipient cities were Houston, TX (5 grants), Fulshear, TX (3 grants) and Evanston, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Mads Engelstoft Foundation gives
- 18% of 2024 grantees were also funded in 2023. Method
- Giving grew 393% from 2021 to 2024. Method
- In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Mads Engelstoft Foundation
- How to evaluate Mads Engelstoft Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Mads Engelstoft Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
-2.9% YoY
Annual Giving
$271K
-12.7% YoY
Grant Count
17
+41.7% YoY
Avg Grant Size
$16K
-38.4% YoY
Under IRS private-foundation payout rules, Mads Engelstoft Foundation reported a distributable amount of $261K for 2024 — the minimum it must pay out in qualifying distributions.
About Mads Engelstoft Foundation
Based on IRS filings
Mads Engelstoft Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 17 grants totaling $271K. Net investment income was $135K.
Focus Areas
Ready to take the next step with Mads Engelstoft Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 17 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,674,148 | $4,811,391 | $3,616,013 |
| Revenue | $136,463 | $1,512,317 | $3,261,097 |
| Expenses | $273,706 | $316,939 | $12,584 |
| Qualifying Distributions | $271,090 | $310,420 | $12,375 |
| Net Investment Income | $134,916 | $154,901 | $11,049 |
| Distributable Amount | $261,031 | $181,811 | $104,883 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Save The Children ($100,000), First Fulshear Methodist Church ($92,000), FGC Community Link Cambodia ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Save The Children | General Assistance | $100,000 |
| First Fulshear Methodist Church Fulshear, TX | General Assistance | $92,000 |
| FGC Community Link Cambodia | General Assistance | $30,000 |
| The Rotary Foundation Evanston, IL | General Assistance | $10,000 |
| Word Serve Methodist Church Fulshear, TX | General Assistance | $10,000 |
| Rotary Brazos River Fulshear, TX | General Assistance | $6,550 |
| Miller Outdoor Theater Houston, TX | General Assistance | $5,300 |
| Brazos Youth Fair Booster Club Wallis, TX | General Assistance | $4,000 |
| Spring Spirit Houston, TX | General Assistance | $3,000 |
| Christ Commission Fellowship | General Assistance | $2,700 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mads Engelstoft | Director | — | — |
| Bente I Engelstoft | Director | — | — |
| Conceza Abegaile Engelstoft | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mads Engelstoft Foundation?
Mads Engelstoft Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. It holds $4.7M in total assets as of 2024.
How large is Mads Engelstoft Foundation?
As of 2024, Mads Engelstoft Foundation holds $4.7M in total assets with $136K in annual revenue. It awarded 17 grants totaling $271K in 2024.
Where does Mads Engelstoft Foundation operate?
Mads Engelstoft Foundation has awarded grants in California, Connecticut, Florida, Illinois, Texas.
What size grants does Mads Engelstoft Foundation award?
In 2024, Mads Engelstoft Foundation awarded 17 grants totaling $271K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Mads Engelstoft Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mads Engelstoft Foundation reported a distributable amount of $261K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mads Engelstoft Foundation's EIN?
Mads Engelstoft Foundation's EIN (Employer Identification Number) is 84-3786992. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mads Engelstoft Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Engelstoft Family Foundation
Houston, TX
Assets
—
Grants
5
Total Given
$183K
First Methodist Church of Odessa
Odessa, TX
Assets
$2.6M
Grants
1
Total Given
$89K
Rotary Club of Nashville
Nashville, TN
Assets
$578K
Grants
1
Total Given
$15K
Defiance Rotary Foundation
Defiance, OH
Assets
$525K
Grants
3
Total Given
$40K
Rosenquist Foundation
Corpus Christi, TX
Assets
$125K
Grants
4
Total Given
$7K
Making It Happen Foundation
Memphis, TN
Assets
—
Grants
4
Total Given
$11K
Charitable Foundation of the Rotary Club of Tacoma North State
Tacoma, WA
Assets
$19K
Grants
4
Total Given
$24K
The Cape Coral Rotary Foundation Inc
Cape Coral, FL
Assets
$737K
Grants
5
Total Given
$42K
Dallas Rotary Club Foundation
Dallas, TX
Assets
$3.9M
Grants
5
Total Given
$110K
The Morabito Family Foundation
Houston, TX
Assets
$1.9M
Grants
6
Total Given
$110K
Tadashi and Elaine Yamagata Foundation
Fort Worth, TX
Assets
$1.1M
Grants
7
Total Given
$60K
Spectracare Foundation
Lindenwold, NJ
Assets
$219K
Grants
9
Total Given
$2K
More Funders in Texas
Data last updated September 2026. Sourced from IRS Form 990-PF filings.