M&M 1988 Foundation

Private foundation · Grantmaker Chicago, IL EIN: 87-1374500

M&M 1988 Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2021 through 2026. In 2026, it awarded 5 grants totaling $552K. Net investment income was $5K.

M&M 1988 Foundation at a glance

In short: M&M 1988 Foundation gave $552K across 5 grants in 2026 (avg $110K), mostly in Nebraska. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$551,862
+2352.7% vs 2025
Grants made (2026)
5
-28.6% vs 2025
Average grant
$110,372
+3333.8% vs 2025
Median grant
$10,000
Primary geography
Nebraska (95% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

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

Who M&M 1988 Foundation funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2026

DAFGIVING360: $526KDAFGIVING360$526KChrist the King School: $10KChrist the King School$10K6000 Moms NFP: $10K6000 Moms NFP$10KWEISH4EVER: $4KWEISH4EVER$4KRiverside Rocks LLC: $2KRiverside Rocks LLC$2K

The largest 2026 recipient was DAFGIVING360 ($526K). Together the top 5 received $552K.

Grant Size Distribution

25 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 25 (96%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2026 grant dollars across all 5 itemized grants.

Cities

ChicagoRiversideCarverGlen EllynNew YorkNorth RiversideOmahaPenfieldPeotoneSan JoseSanibel

How M&M 1988 Foundation gives

  • Giving grew 1771% from 2023 to 2026. Method
  • In 2026 it paid out well above its IRS minimum distribution (the 5% rule). 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

$0$200K$400K$600K0 grants2021 1 grant2022 3 grants2023 9 grants2024 7 grants2025 5 grants2026

From 2022 to 2026, annual grant giving ranged from $23K (2025) to $552K (2026). In 2026 it made 5 grants totaling $552K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
DAFGIVING360 Omaha, NEContribution to Donor Advised Fund$526,362
Christ the King School Chicago, ILOperational Support$10,000
6000 Moms NFP Glen Ellyn, ILOperational Support$10,000
WEISH4EVER Chicago, ILOperational Support$3,500
Riverside Rocks LLC Riverside, ILOperational Support$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026—$5,388$555,427$551,8625$551,862$5,388$11,488
2025$501,556$105,843$25,745$22,5007$22,500$7,270$14,325
2024$401,182$-35,541$80,122$78,6659$78,665$3,839$19,566
2023$387,879$13,140$32,150$29,5003$29,500$4,105$17,586
2022$344,255$9,660$25,000$25,0001$25,000$9,660$20,387
2021$495,823$501,712————$1,712$4,074

Under IRS private-foundation payout rules, M&M 1988 Foundation reported a distributable amount of $11K for 2026 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

M&M 1988 Foundation's 2026 filing lists 2 officers; none of the 2 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Micheal F. Cronin

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michelle Lawler

    Trustee

    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 M&M 1988 Foundation

How much does M&M 1988 Foundation give each year?

M&M 1988 Foundation gave $552K across 5 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $23K across 7 grants.

What is M&M 1988 Foundation's typical grant size?

M&M 1988 Foundation's median grant in 2026 was $10,000, and its average grant was $110,372, across 5 grants on its 2026 IRS Form 990-PF.

Where does M&M 1988 Foundation give grants?

M&M 1988 Foundation gives mostly in Nebraska: 95% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (2 grants).

Does M&M 1988 Foundation give general operating support?

Yes: 80% of M&M 1988 Foundation's 2026 grants with a stated purpose (4 of 5) were for general or operating support, per its 2026 IRS Form 990-PF.

Who are M&M 1988 Foundation's largest grantees?

M&M 1988 Foundation's largest 2026 grantees include DAFGIVING360 ($526,362), Christ the King School ($10,000) and 6000 Moms NFP ($10,000), according to its 2026 IRS Form 990-PF. Together they received 99% of its itemized 2026 grant dollars.

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 2026, M&M 1988 Foundation reported a distributable amount of $11K 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 2021–2026.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS September 14, 2026)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 21, 2026)
  3. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from M&M 1988 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.

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