Mak Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUTTENBERG, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 8 grants totaling $95K. Net investment income was $53K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.2M
-3.5% YoY
Annual Giving
$95K
+21.2% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$12K
-9.1% YoY
Under IRS private-foundation payout rules, Mak Family Foundation Inc reported a distributable amount of $85K for 2025 — the minimum it must pay out in qualifying distributions.
About Mak Family Foundation Inc
Based on IRS filings
Mak Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUTTENBERG, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 8 grants totaling $95K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,182,039 | $1,224,284 | $1,328,279 |
| Revenue | $63,229 | $-14,259 | $35,943 |
| Expenses | $105,291 | $89,736 | $79,202 |
| Qualifying Distributions | $94,820 | $78,255 | $71,027 |
| Net Investment Income | $52,758 | $34,820 | $43,048 |
| Distributable Amount | $84,567 | $79,148 | $73,135 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Cardinal Kung Foundation Inc ($60,000), Family Harmony Association Inc ($20,000), Transfiguration Church ($5,100).
| Recipient | Purpose | Amount |
|---|---|---|
| Family Harmony Association Inc Brooklyn, NY | Funding Youth Program | $20,000 |
| first Presbyterian Church Greenville, SC | General purposes | $1,560 |
| Cardinal Kung Foundation Inc Stamford, CT | General purposes | $60,000 |
| Religious Teachers Filippin Nutley, NJ | Subsidy to retired nuns | $4,000 |
| All other charities New York, NY | General purposes | $1,410 |
| Doctors Without Border New York, NY | General purposes | $750 |
| Sacred Heart Catholic Church North Bergen, NJ | General Purposes | $2,000 |
| Transfiguration Church New York, NY | General purposes | $5,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mac C P Mak | President | 2 | — |
| Susan Yuk shin Mak | Board Member | 1 | — |
| Elsie Kit Ying Mak | Board Member | 1 | — |
| Agnes Kung | Board Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mak Family Foundation Inc?
Mak Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUTTENBERG, NJ. It holds $1.2M in total assets as of 2025.
How large is Mak Family Foundation Inc?
As of 2025, Mak Family Foundation Inc holds $1.2M in total assets with $63K in annual revenue. It awarded 8 grants totaling $95K in 2025.
Where does Mak Family Foundation Inc operate?
Mak Family Foundation Inc has awarded grants in Connecticut, New Jersey, New York, South Carolina.
What size grants does Mak Family Foundation Inc award?
In 2025, Mak Family Foundation Inc awarded 8 grants totaling $95K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Mak Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mak Family Foundation Inc reported a distributable amount of $85K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2025.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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