M&m 1988 Foundation
M&m 1988 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $401K in total assets. In 2024, it awarded 9 grants totaling $79K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$401K
+3.4% YoY
Annual Giving
$79K
+166.7% YoY
Grant Count
9
+200.0% YoY
Avg Grant Size
$9K
-11.1% YoY
Under IRS private-foundation payout rules, M&m 1988 Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About M&m 1988 Foundation
Based on IRS filings
M&m 1988 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $401K in total assets. In 2024, it awarded 9 grants totaling $79K. Net investment income was $4K.
Focus Areas
Ready to take the next step with M&m 1988 Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $401,182 | $387,879 | $344,255 |
| Revenue | $-35,541 | $13,140 | $9,660 |
| Expenses | $80,122 | $32,150 | $25,000 |
| Qualifying Distributions | $78,665 | $29,500 | $25,000 |
| Net Investment Income | $3,839 | $4,105 | $9,660 |
| Distributable Amount | $19,566 | $17,586 | $20,387 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Christ the King Jesuit College Prep ($25,000), Christ the King School ($25,000), Water for South Sudan ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRIST THE KING JESUIT COLLEGE PREP CHICAGO, IL | OPERATIONAL SUPPORT | $25,000 |
| DIGS WITH DIGNITY CHICAGO, IL | OPERATIONAL SUPPORT | $1,500 |
| CHRIST THE KING SCHOOL CHICAGO, IL | OPERATIONAL SUPPORT | $25,000 |
| RPC - REFUGEE PROGRAM RARRT RIVERSIDE, IL | OPERATIONAL SUPPORT | $2,710 |
| CITY OF SANIBEL SANIBEL, FL | OPERATIONAL SUPPORT | $255 |
| RIVERSIDE ROCKS LLC RIVERSIDE, IL | OPERATIONAL SUPPORT | $2,000 |
| ONE FOR THE WORLD NEW YORK, NY | OPERATIONAL SUPPORT | $2,000 |
| ST PAUL THE APOSTLE PARISH PEOTONE, IL | OPERATIONAL SUPPORT | $200 |
| WATER FOR SOUTH SUDAN PENFIELD, NY | OPERATIONAL SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHEAL F CRONIN | TRUSTEE | 1 | — |
| MICHELLE LAWLER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is M&m 1988 Foundation?
M&m 1988 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $401K in total assets as of 2024.
How large is M&m 1988 Foundation?
As of 2024, M&m 1988 Foundation holds $401K in total assets with $-35,541 in annual revenue. It awarded 9 grants totaling $79K in 2024.
Where does M&m 1988 Foundation operate?
M&m 1988 Foundation has awarded grants in Florida, Illinois, New York.
What size grants does M&m 1988 Foundation award?
In 2024, M&m 1988 Foundation awarded 9 grants totaling $79K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is M&m 1988 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, M&m 1988 Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is M&m 1988 Foundation's EIN?
M&m 1988 Foundation's EIN (Employer Identification Number) is 87-1374500. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in M&m 1988 Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Circle of Service Foundation
CHICAGO, IL
Assets
—
Grants
637
Total Given
$37.0M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Manitou Fund
WHITE BEAR LAKE, MN
Assets
—
Grants
164
Total Given
$20.1M
Willow Springs Charitable Trust
MT CARROLL, IL
Assets
$111.1M
Grants
81
Total Given
$11.4M
Globalgiving Foundation Inc
WASHINGTON, DC
Assets
$80.3M
Grants
420
Total Given
$20.9M
Rochester Area Community Foundation
ROCHESTER, NY
Assets
$5.4M
Grants
130
Total Given
$2.9M
Laurie and James Richter
CHICAGO, IL
Assets
$374K
Grants
16
Total Given
$21K
Courage Sans Peur Foundation
RENO, NV
Assets
$1.3M
Grants
31
Total Given
$177K
Sol & Margaret Berger Foundation
NEW YORK, NY
Assets
$10.4M
Grants
98
Total Given
$1.3M
Texas Instruments Foundation
DALLAS, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
B1G1 Giving Inc
PORTLAND, OR
Assets
$232K
Grants
4
Total Given
$74K
More Funders in Illinois
Data last updated April 2026. Sourced from IRS Form 990-PF filings.