Manhattan Beach Education Foundation Endowment Fund logo

Manhattan Beach Education Foundation Endowment Fund

Public charity · Grantmaker Manhattan Beach, CA EIN: 45-3552314 Website

Mbef endowment provides mbef with a continuing and sustainable funding source that will expand and enhance the quality of public education in manhattan beach, now and for generations to come.

Key facts about Manhattan Beach Education Foundation Endowment Fund

In short: Manhattan Beach Education Foundation Endowment Fund gave $1.2M across 1 grant in 2025 (avg $1.2M), mostly in California. Source: 2025 IRS Form 990.

EIN
45-3552314
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,240,137
Grants made (2025)
1
Average grant
$1,240,137
Median grant
$1,240,137
Total assets
$29,696,954
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$29.7M

+11.6% YoY

Annual Giving

$1.2M

+3.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.2M

+3.2% YoY

How Manhattan Beach Education Foundation Endowment Fund gives

  • Giving held roughly steady from 2022 to 2025 (+9%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Manhattan Beach Education Foundation Endowment Fund

Based on IRS filings

Manhattan Beach Education Foundation Endowment Fund is a public charity focused on Education, based in Manhattan Beach, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $29.7M in total assets. In 2025, it awarded 1 grant totaling $1.2M. Net investment income was $1.4M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Manhattan Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $879K (2019) to $1.2M (2025). In 2025 it made 1 grant totaling $1.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Manhattan Beach Education Foundation: $1.2MManhattan Beach EducationFoundation$1.2M

The largest 2025 recipient was Manhattan Beach Education Foundation ($1.2M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M4$1–5M$5M+

The most common grant size was in the $1–5M range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Manhattan Beach Education Foundation Manhattan Beach, CAK-12 Educational Support$1,240,137

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$29,696,954$26,612,248$23,649,646
Revenue$2,569,763$3,202,329$1,986,497
Expenses$1,325,122$1,278,236$1,266,107
Net Investment Income$1,357,344$1,906,520$982,584

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS May 5, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 19, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS April 19, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 4, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Manhattan Beach Education Foundation Endowment Fund is led by Hilary Mahan, Executive Director on every filing since 2019; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Hilary Mahan

    Executive Director

    On filings since 2019

    20 hrs/week

    No compensation reported

  • Roger Spencer

    President

    Director → President, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Geoff Bremer

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mike Duckworth

    Director

    President → Director, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • David Brennan

    Director of Development & Ptnrshp

    Director of Development & Partnership → Director of Development & Ptnrshp, 2025

    On filings since 2021

    16 hrs/week

    No compensation reported

  • Jeri Vick

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Marian Guirguis

    Development Director

    New on the 2025 filing

    16 hrs/week

    No compensation reported

  • Mike Brunick

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Remco Waller

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Mitchell Ozawa

    Treasurer

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Rich Weiss

    CIO

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Michael Husson

    Secretary

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Alice Kuo (2023–2024) — Director
  • Former: Mary Wilson (2020–2022) — Secretary
  • Former: Jeff Serota (2019) — Secretary

Data from IRS Form 990 filings, 2019–2025. "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 Manhattan Beach Education Foundation Endowment Fund

How much does Manhattan Beach Education Foundation Endowment Fund give each year?

Manhattan Beach Education Foundation Endowment Fund gave $1.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.2M across 1 grant.

How large is Manhattan Beach Education Foundation Endowment Fund?

Manhattan Beach Education Foundation Endowment Fund reported $29.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.6M.

What is Manhattan Beach Education Foundation Endowment Fund?

Manhattan Beach Education Foundation Endowment Fund is a public charity focused on Education, based in Manhattan Beach, CA. It holds $29.7M in total assets as of 2025.

Where does Manhattan Beach Education Foundation Endowment Fund operate?

Manhattan Beach Education Foundation Endowment Fund has awarded grants in California.

What is Manhattan Beach Education Foundation Endowment Fund's EIN?

Manhattan Beach Education Foundation Endowment Fund's EIN (Employer Identification Number) is 45-3552314. IRS Form 990 filing data is available on this page for 2019–2025.

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

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