Mb Charitable Foundation is a private foundation focused on Human Services, based in HACKENSACK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 3 grants totaling $16K.
Key facts about Mb Charitable Foundation
- EIN
- 84-2249286
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $16,100
- Grants made (2024)
- 3
- Average grant
- $5,367
- Median grant
- $5,100
- Total assets
- $163,382
- Primary geography
- New Jersey (68% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Mb Charitable Foundation funds
By grant dollars, the top recipient states for Mb Charitable Foundation's 3 itemized 2024 grants were New Jersey (68%) and Maryland (32%). The most frequent recipient cities were Edison, NJ (2 grants). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "Community Outreach" (3 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$163K
-10.2% YoY
Annual Giving
$16K
-85.5% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$5K
-75.8% YoY
Under IRS private-foundation payout rules, Mb Charitable Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Mb Charitable Foundation
Based on IRS filings
Mb Charitable Foundation is a private foundation focused on Human Services, based in HACKENSACK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 3 grants totaling $16K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $163,382 | $181,982 | $192,982 |
| Revenue | — | $100,000 | $150,000 |
| Expenses | $18,600 | $111,000 | $103,584 |
| Qualifying Distributions | $16,100 | $111,000 | $97,234 |
| Net Investment Income | — | — | — |
| Distributable Amount | $8,505 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Guruji Ka Mandir ($9,000), Veerayatan International Inc ($5,100), International Mission of Mercy Usa ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GURUJI KA MANDIR EDISON, NJ | COMMUNITY OUTREACH | $9,000 |
| VEERAYATAN INTERNATIONAL INC HUGHESVILLE, MD | COMMUNITY OUTREACH | $5,100 |
| INTERNATIONAL MISSION OF MERCY USA EDISON, NJ | COMMUNITY OUTREACH | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MANJIT BATRA | PRESIDENT | 1 | — |
| MANISHA BATRA | VICE PRESIDENT | 1 | — |
| TARUN BATRA | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mb Charitable Foundation?
Mb Charitable Foundation is a private foundation focused on Human Services, based in HACKENSACK, NJ. It holds $163K in total assets as of 2024.
How large is Mb Charitable Foundation?
As of 2024, Mb Charitable Foundation holds $163K in total assets. It awarded 3 grants totaling $16K in 2024.
Where does Mb Charitable Foundation operate?
Mb Charitable Foundation has awarded grants in California, District of Columbia, Florida, Illinois, Maryland, New Jersey, New York.
What size grants does Mb Charitable Foundation award?
In 2024, Mb Charitable Foundation awarded 3 grants totaling $16K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Mb Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mb Charitable Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mb Charitable Foundation's EIN?
Mb Charitable Foundation's EIN (Employer Identification Number) is 84-2249286. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mb Charitable 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.