Mangasar M Mangasarian Scholarship Fund

DALLAS, TX EIN: 30-6275997

Mangasar M Mangasarian Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grants totaling $144K. Net investment income was $375K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+12.0% YoY

Annual Giving

$144K

+15.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$144K

+15.1% YoY

Under IRS private-foundation payout rules, Mangasar M Mangasarian Scholarship Fund reported a distributable amount of $173K for 2024 — the minimum it must pay out in qualifying distributions.

About Mangasar M Mangasarian Scholarship Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $724K (100%)

States

California

Cities

Oakland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,926,818	$1,720,345	$1,579,856
Revenue	$403,671	$308,800	$194,805
Expenses	$197,200	$168,311	$227,621
Qualifying Distributions	$162,611	$141,893	$185,714
Net Investment Income	$374,518	$279,402	$167,739
Distributable Amount	$172,813	$156,190	$162,633

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of California ($143,726).

Recipient	Purpose	Amount
UNIVERSITY OF CALIFORNIA OAKLAND, CA	FOR STUDENT SCHOLARSHIP &	$143,726

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$45,963

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mangasar M Mangasarian Scholarship Fund?

Mangasar M Mangasarian Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $1.9M in total assets as of 2024.

How large is Mangasar M Mangasarian Scholarship Fund?

As of 2024, Mangasar M Mangasarian Scholarship Fund holds $1.9M in total assets with $404K in annual revenue. It awarded 1 grants totaling $144K in 2024.

Where does Mangasar M Mangasarian Scholarship Fund operate?

Mangasar M Mangasarian Scholarship Fund has awarded grants in California.

What size grants does Mangasar M Mangasarian Scholarship Fund award?

In 2024, Mangasar M Mangasarian Scholarship Fund awarded 1 grants totaling $144K — an average of about $144K per grant, based on its IRS Form 990 filings.

How much is Mangasar M Mangasarian Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mangasar M Mangasarian Scholarship Fund reported a distributable amount of $173K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mangasar M Mangasarian Scholarship Fund's EIN?

Mangasar M Mangasarian Scholarship Fund's EIN (Employer Identification Number) is 30-6275997. IRS Form 990 filing data is available on this page for 2019–2024.