MAK Family Foundation Inc

Private foundation · Grantmaker Guttenberg, NJ EIN: 52-2420748

MAK Family Foundation Inc is a private foundation, based in Guttenberg, NJ. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $1.3M in total assets. In 2026, it awarded 9 grants totaling $79K. Net investment income was $64K.

Key facts about MAK Family Foundation Inc

In short: MAK Family Foundation Inc gave $79K across 9 grants in 2026 (avg $9K), mostly in Connecticut. Source: 2026 IRS Form 990-PF.

EIN
52-2420748
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$78,796
Grants made (2026)
9
Average grant
$8,755
Median grant
$2,150
Total assets
$1,348,549
Primary geography
Connecticut (70% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$1.3M

+14.1% YoY

Annual Giving

$79K

-16.9% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$9K

-26.1% YoY

Under IRS private-foundation payout rules, MAK Family Foundation Inc reported a distributable amount of $91K for 2026 — the minimum it must pay out in qualifying distributions.

How MAK Family Foundation Inc gives

  • Giving held roughly steady from 2023 to 2026 (+11%). Method
  • In 2026 it paid out 86% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2026 grant dollars across all 9 itemized grants.

Cities

New YorkBrooklynStamfordGreenvilleNutleyNorth BergenCliffside Park

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K3 grants2021 5 grants2022 5 grants2023 6 grants2024 8 grants2025 9 grants2026

From 2021 to 2026, annual grant giving ranged from $56K (2022) to $95K (2025). In 2026 it made 9 grants totaling $79K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2026

Cardinal Kung Foundation Inc: $55KCardinal Kung Foundation Inc$55KTransfiguration Church: $5KTransfiguration Church$5KFamily Harmony Association Inc: $5KFamily Harmony Association Inc$5Kfirst Presbyterian Church: $5Kfirst Presbyterian Church$5KFaraday Institute: $2KFaraday Institute$2KReligious Teachers Filippin: $2KReligious Teachers Filippin$2KSacred Heart Catholic Church: $2KSacred Heart Catholic Church$2KDoctors Without Border: $500Doctors Without Border$500

The largest 2026 recipient was Cardinal Kung Foundation Inc ($55K). Together the top 8 received $77K.

Grant Size Distribution

33 grants across all recorded years

30<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 33 (91%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cardinal Kung Foundation Inc Stamford, CTGeneral purposes$54,880
Transfiguration Church New York, NYGeneral purposes$5,400
Family Harmony Association Inc Brooklyn, NYFunding Youth Program$5,000
first Presbyterian Church Greenville, SCGeneral purposes$5,000
Faraday Institute Summer Institute Tuition Room and Board Support$2,150
Religious Teachers Filippin Nutley, NJSubsidy to retired nuns$2,000
Sacred Heart Catholic Church North Bergen, NJGeneral Purposes$2,000
All other charities New York, NYGeneral purposes$1,866
Doctors Without Border New York, NYGeneral purposes$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$1,348,549$1,182,039$1,224,284
Revenue$257,019$63,229$-14,259
Expenses$90,509$105,291$89,736
Qualifying Distributions$78,796$94,820$78,255
Net Investment Income$64,272$52,758$34,820
Distributable Amount$91,407$84,567$79,148

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 29, 2026)
  2. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

MAK Family Foundation Inc is led by Mac C P Mak, President on every filing since 2021; none of the 4 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Mac C P Mak

    President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Agnes Kung

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Elsie Kit Ying Mak

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Susan Yuk shin Mak

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2026. "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 MAK Family Foundation Inc

How much does MAK Family Foundation Inc give each year?

MAK Family Foundation Inc gave $79K across 9 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $95K across 8 grants.

What is MAK Family Foundation Inc's typical grant size?

MAK Family Foundation Inc's median grant in 2026 was $2,150, and its average grant was $8,755, across 9 grants on its 2026 IRS Form 990-PF.

Where does MAK Family Foundation Inc give grants?

MAK Family Foundation Inc gives mostly in Connecticut: 70% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were New York (16%) and South Carolina (6%). The most frequent recipient cities were New York, NY (3 grants).

Does MAK Family Foundation Inc give general operating support?

Yes: 67% of MAK Family Foundation Inc's 2026 grants with a stated purpose (6 of 9) were for general or operating support, per its 2026 IRS Form 990-PF.

Who are MAK Family Foundation Inc's largest grantees?

MAK Family Foundation Inc's largest 2026 grantees include Cardinal Kung Foundation Inc ($54,880), Transfiguration Church ($5,400) and Family Harmony Association Inc ($5,000), according to its 2026 IRS Form 990-PF. Together they received 83% of its itemized 2026 grant dollars.

How large is MAK Family Foundation Inc?

MAK Family Foundation Inc reported $1.3M in total assets on its 2026 IRS Form 990-PF. It paid out $79K in qualifying distributions that year, against a required minimum of $91K (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 MAK Family Foundation Inc's EIN?

MAK Family Foundation Inc's EIN (Employer Identification Number) is 52-2420748. IRS Form 990 filing data is available on this page for 2021–2026.

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

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