Mahogany Foundation
Mahogany Foundation is a private foundation, based in Traverse City, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 5 grants totaling $89K. Net investment income was $162K.
Mahogany Foundation at a glance
In short: Mahogany Foundation gave $89K across 5 grants in 2025 (avg $18K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $89,250
- +11.0% vs 2024
- Grants made (2025)
- 5
- -28.6% vs 2024
- Average grant
- $17,850
- +55.4% vs 2024
- Median grant
- $20,000
- Total assets
- $1,349,964
- +5.3% vs 2024
- Primary geography
- Michigan (94% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Mahogany Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Northwest Michigan Community Action Agency Inc ($34K). Together the top 5 received $89K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Mahogany Foundation gives
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 97% 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
From 2020 to 2025, annual grant giving ranged from $69K (2020) to $94K (2022). In 2025 it made 5 grants totaling $89K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northwest Michigan Community Action Agency Inc Traverse City, MI | Community | $34,250 |
| Child and Family Services Traverse City, MI | Community | $20,000 |
| Traverse City Area Pulbic Schools Traverse City, MI | Educational | $20,000 |
| Northern Michigan Marquette, MI | Educational | $10,000 |
| Youth Leadership Incubator Inc Fremont, CA | Community | $5,000 |
Ready to take the next step with Mahogany Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,349,964 | $170,685 | $102,892 | $89,250 | 5 | $90,800 | $162,086 | $93,698 |
| 2024 | $1,282,171 | $165,100 | $91,227 | $80,400 | 7 | $81,972 | $156,308 | $91,024 |
| 2023 | $1,208,298 | $70,081 | $93,593 | $83,500 | 6 | $86,546 | $63,034 | $83,317 |
| 2022 | $1,231,810 | $29,290 | $103,789 | $93,500 | 4 | $96,613 | $22,114 | $86,403 |
| 2021 | $1,308,370 | $122,268 | $88,582 | $78,000 | 5 | $81,244 | $114,930 | $97,171 |
| 2020 | $1,274,684 | $18,646 | $78,945 | $69,000 | 4 | — | $18,470 | $80,889 |
Under IRS private-foundation payout rules, Mahogany Foundation reported a distributable amount of $94K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mahogany Foundation is led by Daniel P. Falconer, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Daniel P. Falconer
President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Meridith L. Falconer
Vice President & Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Mahogany Foundation
How much does Mahogany Foundation give each year?
Mahogany Foundation gave $89K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $80K across 7 grants.
What is Mahogany Foundation's typical grant size?
Mahogany Foundation's median grant in 2025 was $20,000, and its average grant was $17,850, across 5 grants on its 2025 IRS Form 990-PF.
Where does Mahogany Foundation give grants?
Mahogany Foundation gives mostly in Michigan: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (6%). The most frequent recipient cities were Traverse City, MI (3 grants).
Does Mahogany Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Mahogany Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community" (3 grants).
Who are Mahogany Foundation's largest grantees?
Mahogany Foundation's largest 2025 grantees include Northwest Michigan Community Action Agency Inc ($34,250), Child and Family Services ($20,000) and Traverse City Area Pulbic Schools ($20,000), according to its 2025 IRS Form 990-PF. Together they received 83% of its itemized 2025 grant dollars.
How large is Mahogany Foundation?
Mahogany Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $91K in qualifying distributions that year, against a required minimum of $94K (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.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Explore Open Grants
Browse active grant opportunities in Mahogany Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Grand Traverse Regional Community Foundation
Traverse City, MI
The Grand Traverse Regional Community Foundation funds community programs, general operations, and capital needs across youth, arts and culture, education, the environment, health and human services, and other regional needs. Its 2025 grants ranged from $5,120 to $342,944, with a median of $13,460, and it serves Antrim, Benzie, Grand Traverse, Kalkaska, and Leelanau Counties and the Grand Traverse Band of Ottawa and Chippewa Indians. It uses application processes for listed grant opportunities; whether it accepts unsolicited requests is not stated.
Assets
$120.9M
Grants
116
Total Given
$3.2M
Oleson Foundation
Traverse City, MI
The Oleson Foundation funds sustainable, collaborative nonprofit projects in the arts, community development, education, environment, and health and human services, primarily in six Northwest Michigan counties. Its 2025 grants ranged from $850 to $77,000, with a median of $10,000. It accepts applications through its online portal; the annual application period opens February 15 and closes April 1.
Assets
$22.8M
Grants
88
Total Given
$1.6M
The Broad Family Foundation
Traverse City, MI
The Broad Family Foundation funds Michigan nonprofits working with children and families, food insecurity, education, and community services. Its 2025 grants ranged from $5,000 to $60,000, with a median of $10,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$10.2M
Grants
29
Total Given
$542K
Community Foundation for Southeast Michigan
Detroit, MI
The Community Foundation for Southeast Michigan funds nonprofits working in economic opportunity, health equity, youth and education, arts and culture, and public space and the environment across seven southeast Michigan counties. Its 2024 grants had a median of $25,000, though awards varied widely; organizations begin with a brief proposal, and selected applicants are invited to submit a full application.
Assets
$1.2B
Grants
938
Total Given
$105.1M
The Brookby Foundation
Milwaukee, WI
The Brookby Foundation supports community well-being, with 2024 grants spanning arts, environmental conservation, and civic education; most funding went to organizations in Michigan, Wisconsin, and Oregon. Grants ranged from $100 to $500,000, with a median of $1,500. It accepts unsolicited requests through an online letter of inquiry process, with summer and winter cycles open to new applicants.
Assets
$30.7M
Grants
151
Total Given
$3.5M
Green Brick Foundation Inc
Traverse City, MI
The foundation supports a range of charitable organizations, including those working in the arts, conservation, community services, and related areas; 93% of its 2025 grant dollars went to Michigan organizations. Its 2025 grants ranged from $500 to $107,500, with a median of $1,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$6.8M
Grants
70
Total Given
$457K
More similar funders
More Funders in Michigan
Cite this profile
Grantable. (2026). Mahogany Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/mahogany-foundation-morg_83e4b6379dcd41ecaac6cec7c739b004
BibTeX
@misc{grantable_200126179_2026,
author = {{Grantable}},
title = {{Mahogany Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mahogany-foundation-morg_83e4b6379dcd41ecaac6cec7c739b004},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mahogany 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.
Mahogany Foundation down — hundreds of funders to go?