Masan Group Iniative Corp

PALM BEACH GARDENS, FL EIN: 88-4239357

Masan Group Iniative Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $662K in total assets. In 2024, it awarded 2 grants totaling $40K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$662K

-36.3% YoY

Annual Giving

$40K

-7.6% YoY

Grant Count

2

-75.0% YoY

Avg Grant Size

$20K

+269.5% YoY

About Masan Group Iniative Corp

Based on IRS filings

Masan Group Iniative Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $662K in total assets. In 2024, it awarded 2 grants totaling $40K. Net investment income was $1K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Coconut CreekCoral SpringsFt LauderdaleGreenvilleKetchunMargateMiami BeachWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$287K$574K$861K$1M202220232024
Metric202420232022
Total Assets$661,580$1,037,969$1,000,000
Revenue$-329,963$77,547$1,000,000
Expenses$40,979$45,025
Qualifying Distributions$40,410$1,043,746
Net Investment Income$1,174$31,117
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$22K$33K$44K0 grants20228 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

SUN VALLEY CULINARY INST…$27KAUSRA RAGAUSKAITE$14K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sun Valley Culinary Institute ($26,910), Ausra Ragauskaite ($13,500).

RecipientPurposeAmount
SUN VALLEY CULINARY INSTITUTE KETCHUN, IDFUNDING SCHOOL FOR CHEF EDUCATION$26,910
AUSRA RAGAUSKAITE MIAMI BEACH, FLASSISTANCE DISPLACED FAMILY$13,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHRISTINA SHERDIRECTOR
MARIELA ARROYOTREASURER
ALEXANDER FELDMANPRESIDENT

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Masan Group Iniative Corp?

Masan Group Iniative Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. It holds $662K in total assets as of 2024.

How large is Masan Group Iniative Corp?

As of 2024, Masan Group Iniative Corp holds $662K in total assets with $-329,963 in annual revenue. It awarded 2 grants totaling $40K in 2024.

Where does Masan Group Iniative Corp operate?

Masan Group Iniative Corp has awarded grants in Florida, Idaho, Ohio.

What size grants does Masan Group Iniative Corp award?

In 2024, Masan Group Iniative Corp awarded 2 grants totaling $40K — an average of about $20K per grant, based on its IRS Form 990 filings.

What is Masan Group Iniative Corp's EIN?

Masan Group Iniative Corp's EIN (Employer Identification Number) is 88-4239357. IRS Form 990 filing data is available on this page for 2022–2024.

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

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