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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.6M
+12.5% YoY
Annual Giving
$1.2M
+3.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.2M
+3.4% YoY
About Manhattan Beach Education Foundation
Based on IRS filings
Manhattan Beach Education Foundation is a nonprofit organization focused on Education, based in MANHATTAN BEACH, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $26.6M in total assets. In 2024, it awarded 1 grants totaling $1.2M. Net investment income was $1.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,612,248 | $23,649,646 | $21,812,360 |
| Revenue | $3,202,329 | $1,986,497 | $1,901,786 |
| Expenses | $1,278,236 | $1,266,107 | $1,249,613 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,906,520 | $982,584 | $782,552 |
| Distributable Amount | — | — | — |
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 Manhattan Beach Education Foundation ($1,202,161).
| Recipient | Purpose | Amount |
|---|---|---|
| MANHATTAN BEACH EDUCATION FOUNDATION MANHATTAN BEACH, CA | K-12 EDUCATIONAL SUPPORT | $1,202,161 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROGER SPENCER | PRESIDENT | 1 | — |
| MITCHELL OZAWA | TREASURER | 5 | — |
| RICH WEISS | CIO | 5 | — |
| GEOFF BREMER | DIRECTOR | 1 | — |
| MIKE DUCKWORTH | DIRECTOR | 1 | — |
| ALICE KUO | DIRECTOR | 1 | — |
| JERI VICK | DIRECTOR | 1 | — |
| HILARY MAHAN | EXECUTIVE DIRECTOR | 20 | — |
| DAVID BRENNAN | DIR. OF DEVELOPMENT & PARTNERSHIP | 16 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Manhattan Beach Education Foundation?
Manhattan Beach Education Foundation is a nonprofit organization focused on Education, based in MANHATTAN BEACH, CA. It holds $26.6M in total assets as of 2024.
How large is Manhattan Beach Education Foundation?
As of 2024, Manhattan Beach Education Foundation holds $26.6M in total assets with $3.2M in annual revenue. It awarded 1 grants totaling $1.2M in 2024.
Where does Manhattan Beach Education Foundation operate?
Manhattan Beach Education Foundation has awarded grants in California.
What size grants does Manhattan Beach Education Foundation award?
In 2024, Manhattan Beach Education Foundation awarded 1 grants totaling $1.2M — an average of about $1.2M per grant, based on its IRS Form 990 filings.
What is Manhattan Beach Education Foundation's EIN?
Manhattan Beach Education Foundation's EIN (Employer Identification Number) is 45-3552314. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Manhattan Beach Education Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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