Maof Properties Inc

Public charity · Grantmaker Montebello, CA EIN: 95-4501175

Maof Properties Inc is a public charity based in Montebello, California. Formed in 2004, it states that it supports the mission of the Mexican American Opportunity Foundation. Its 2025 filing reports 17 grants totaling $402,500.

Key facts about Maof Properties Inc

In short: Maof Properties Inc gave $403K across 17 grants in 2025 (avg $24K), mostly in California. Source: 2025 IRS Form 990.

EIN
95-4501175
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$402,500
Grants made (2025)
17
Average grant
$23,676
Median grant
$10,000
Total assets
$8,910,199
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

$8.9M

+19.1% YoY

Annual Giving

$403K

+106.4% YoY

Grant Count

17

+466.7% YoY

Avg Grant Size

$24K

-63.6% YoY

How Maof Properties Inc gives

  • Giving grew 258% from 2022 to 2025. Method

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

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is to support the Mexican American Opportunity Foundation’s mission “to provide for the socio-economic betterment of the greater Latino community of California, while preserving the pride, values and heritage of the Mexican America culture.” Its filing also describes a program providing low-income individuals with vocational training in retail-store management and operations.

In 2025, the organization gave operating funds to organizations including Californians Together, whose stated mission is to advance access to high-quality public education and prepare students for college, careers, and civic participation; Empowering Latino Futures, which says it works to remove barriers to educational and professional success for Latinos, Latinas, and other underserved communities; and Hermandad Mexicana Nacional, which says it helps people in need through paralegal assistance, a youth center, and low-income housing.

Grantmaking

In 2025, Maof Properties Inc reported 17 grants totaling $402,500. Grants ranged from $10,000 to $225,000, with a median of $10,000. The largest listed grants were $225,000 to Mexican America Opportunity in Montebello, California; $17,500 to Mexican American Policy Alliance in Los Angeles; and $15,000 each to Bilingual Foundation of Arts and Hollenbeck Youth Center, both in Los Angeles. The filing lists operating funds as the purpose for these grants.

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Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in California.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 17 itemized grants.

States

Cities

Los AngelesMontebelloBurbankLong BeachFallbrookGlendaleN HollywoodPort HuenemeWalnut

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2021 2 grants2022 2 grants2023 3 grants2024 17 grants2025

From 2021 to 2025, annual grant giving ranged from $60K (2021) to $403K (2025). In 2025 it made 17 grants totaling $403K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Mexican America Opportunity: $225KMexican America Opportunity$225KMexican American Policy Allia: $18KMexican American Policy Allia$18KBilingual Founation of Arts: $15KBilingual Founation of Arts$15KHollenbeck Youth Center: $15KHollenbeck Youth Center$15KCalifornia Assoc for Bilingua: $10KCalifornia Assoc for Bilingua$10KCalifornians Together: $10KCalifornians Together$10KCoalition for Human Immigrant: $10KCoalition for Human Immigrant$10KEmpowering Latino Futures: $10KEmpowering Latino Futures$10KHermandad Mexicana Nacional: $10KHermandad Mexicana Nacional$10KLatin Theater CO: $10KLatin Theater CO$10K

The largest 2025 recipient was Mexican America Opportunity ($225K). Together the top 10 received $333K.

Grant Size Distribution

25 grants across all recorded years

20<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 25 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mexican America Opportunity Montebello, CAProvide Operating Funds$225,000
Mexican American Policy Allia Los Angeles, CAProvide Operating Funds$17,500
Bilingual Founation of Arts Los Angeles, CAProvide Operating Funds$15,000
Hollenbeck Youth Center Los Angeles, CAProvide Operating Funds$15,000
California Assoc for Bilingua Walnut, CAProvide Operating Funds$10,000
Californians Together Long Beach, CAProvide Operating Funds$10,000
Coalition for Human Immigrant Los Angeles, CAProvide Operating Funds$10,000
Empowering Latino Futures Fallbrook, CAProvide Operating Funds$10,000
Hermandad Mexicana Nacional N Hollywood, CARpovide Operating Funds$10,000
Latin Theater CO Los Angeles, CAProvide Operating Funds$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $8,910,199 $946,023 $481,132 $402,500 (17)
2024 $7,479,553 $926,477 $253,224 $195,000 (3)
2023 $7,134,475 $647,040 $212,605 $160,000 (2)
Revenue
Expenses
$0$500K$1M$1.5M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,910,199$7,479,553$7,134,475
Revenue$946,023$926,477$647,040
Expenses$481,132$253,224$212,605

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 30, 2021)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 17, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 22, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS April 7, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Jeff Penichet as President, Alex Nogales as Secretary, Martin Castro, Javier Martinez, and Fernando de Necochea as members, and Moctesuma Esparza as Treasurer.

Maof Properties Inc is led by Jeff Penichet, President on every filing since 2021; 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Jeff Penichet

    President

    On filings since 2021

    $40K (2025)

  • Alex Nogales

    Secretary

    Member → Secretary, 2023

    On filings since 2021

    No compensation reported

  • Moctesuma Esparza

    Treasurer

    Member → Secretary, 2022

    Secretary → Treasurer, 2023

    On filings since 2021

    No compensation reported

  • Javier Martinez

    Member

    On filings since 2023

    No compensation reported

  • Martin Castro

    Member

    On filings since 2023

    No compensation reported

  • Fernando De Necochea

    Member

    On filings since 2024

    No compensation reported

Former officers (2)
  • Former: Alex Chaves (2021–2022) — Member
  • Former: Fernando Del Rio (2021–2022) — Member

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Jeff Penichet — President: $40KJeff PenichetPresident$40K

The highest reported compensation on the 2025 filing was $40K, to Jeff Penichet (President).

Contact

Mailing address: 401 North Garfield Avenue, Montebello, CA 90640
Phone: (323) 278-3633

Frequently asked questions about Maof Properties Inc

How much does Maof Properties Inc give each year?

Maof Properties Inc gave $403K across 17 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $195K across 3 grants.

What is Maof Properties Inc's typical grant size?

Maof Properties Inc's median grant in 2025 was $10,000, and its average grant was $23,676, across 17 grants on its 2025 IRS Form 990.

Where does Maof Properties Inc give grants?

Maof Properties Inc gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Los Angeles, CA (10 grants).

Does Maof Properties Inc give general operating support?

Yes: 100% of Maof Properties Inc's 2025 grants with a stated purpose (17 of 17) were for general or operating support, per its 2025 IRS Form 990.

Who are Maof Properties Inc's largest grantees?

Maof Properties Inc's largest 2025 grantees include Mexican America Opportunity ($225,000), Mexican American Policy Allia ($17,500) and Bilingual Founation of Arts ($15,000), according to its 2025 IRS Form 990. Together they received 64% of its itemized 2025 grant dollars.

How large is Maof Properties Inc?

Maof Properties Inc reported $8.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $946K.

What does Maof Properties Inc fund?

The organization’s stated mission is to support the Mexican American Opportunity Foundation’s mission “to provide for the socio-economic betterment of the greater Latino community of California, while preserving the pride, values and heritage of the Mexican America culture.” See mission & focus areas ↑

How do I apply for a grant from Maof Properties Inc?

Maof Properties Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Maof Properties Inc's EIN?

Maof Properties Inc's EIN (Employer Identification Number) is 95-4501175. IRS Form 990 filing data is available on this page for 2021–2025.

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

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