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
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
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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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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