Mahogany Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $80K. Net investment income was $156K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+6.1% YoY
Annual Giving
$80K
-3.7% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$11K
-17.5% YoY
Under IRS private-foundation payout rules, Mahogany Foundation reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.
About Mahogany Foundation
Based on IRS filings
Mahogany Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $80K. Net investment income was $156K.
Focus Areas
Ready to take the next step with Mahogany Foundation?
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 | $1,282,171 | $1,208,298 | $1,231,810 |
| Revenue | $165,100 | $70,081 | $29,290 |
| Expenses | $91,227 | $93,593 | $103,789 |
| Qualifying Distributions | $81,972 | $86,546 | $96,613 |
| Net Investment Income | $156,308 | $63,034 | $22,114 |
| Distributable Amount | $91,024 | $83,317 | $86,403 |
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
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Generations Ahead ($15,400), Grand Traverse Conservation District ($15,000), Northwestern Michigan College Foundation ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GENERATIONS AHEAD TRAVERSE CITY, MI | SUPPORT FOR TEEN MOMS AND DADS | $15,400 |
| GRAND TRAVERSE CONSERVATION DISTRICT TRAVERSE CITY, MI | ENVIRONMENTAL | $15,000 |
| NORTHWESTERN MICHIGAN COLLEGE FOUNDATION TRAVERSE CITY, MI | EDUCATIONAL | $15,000 |
| SAFE HARBOR OF GRAND TRAVERSE INC TRAVERSE CITY, MI | COMMUNITY | $10,000 |
| TRAVERSE CITY AREA PULBIC SCHOOLS TRAVERSE CITY, MI | EDUCATIONAL | $10,000 |
| TC PAW CAT RESCUE TRAVRSE CITY, MI | ANIMAL RESCUE | $5,000 |
| PLANNED PARENTHOOD OF MICHIGAN ANN ARBOR, MI | COMMUNITY | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL P FALCONER | PRESIDENT/TREASURER | 1 | — |
| MERIDITH L FALCONER | VICE PRES/SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mahogany Foundation?
Mahogany Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. It holds $1.3M in total assets as of 2024.
How large is Mahogany Foundation?
As of 2024, Mahogany Foundation holds $1.3M in total assets with $165K in annual revenue. It awarded 7 grants totaling $80K in 2024.
Where does Mahogany Foundation operate?
Mahogany Foundation has awarded grants in Michigan.
What size grants does Mahogany Foundation award?
In 2024, Mahogany Foundation awarded 7 grants totaling $80K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Mahogany Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mahogany Foundation reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mahogany Foundation's EIN?
Mahogany Foundation's EIN (Employer Identification Number) is 20-0126179. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mahogany Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Kadant Johnson Inc Scholarship Foun
THREE RIVERS, MI
Assets
—
Grants
3
Total Given
$5K
Thomas W Itin Charitable Trust
KEEGO HARBOR, MI
Assets
—
Grants
11
Total Given
$4K
Robert a Leonard Jr Charitable Trus
SOUTHFIELD, MI
Assets
—
Grants
2
Total Given
$11K
Homer Youth Athletic Association
TEKONSHA, MI
Assets
—
Grants
1
Total Given
$4K
Dr Shanti Swarup & Mrs Chawla Devi
TROY, MI
Assets
—
Grants
9
Total Given
$3K
Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
9
Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Mahogany Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Mahogany Foundation to a real strategy.