MB Foundation
MB Foundation is a private foundation based in Chicago, Illinois. Its 2025 filing reports 13 grants totaling $112,592 to charitable organizations, with most grant dollars going to recipients in Illinois.
MB Foundation at a glance
In short: MB Foundation gave $113K across 13 grants in 2025 (avg $9K), mostly in Illinois. 77% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $112,592
- +18.5% vs 2024
- Grants made (2025)
- 13
- +160.0% vs 2024
- Average grant
- $8,661
- -54.4% vs 2024
- Median grant
- $650
- Total assets
- $483,190
- -2.2% vs 2024
- New grantees (estimate)
- 77% first-time grantees (10 of 13, 2025; small sample)
- Primary geography
- Illinois (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to MB Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 2000 N Racine 3800, Chicago, IL 60614
Phone: (773) 472-9797
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who MB Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Jewish United Fund ($72K). Together the top 10 received $112K.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 33 grants of 37 (89%).
Geographic Focus
Where this funder awards grants
In 2025, 96% of grant dollars went to recipients in Illinois, 3% to Arizona, and 1% to New York.
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
States
Cities
Is MB Foundation open to new grantees?
77%
first-time grantees, 2025
In 2025, 10 of 13 grantees (77%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $8K; repeat grants $10K. How we count
Medians: $508 first-time, $3K repeat.
- 23% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+7%). Method
- In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $50K (2019) to $113K (2025). In 2025 it made 13 grants totaling $113K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish United Fund Chicago, IL | General Support | $72,325 |
| Paws Chicago, IL | General Support | $27,198 |
| St Chysostom's Episcopal Church Chicago, IL | General Support | $5,000 |
| The Phoenix Zoo Phoenix, AZ | General Support | $2,500 |
| Temple Sholom of Chicago Chicago, IL | General Support | $1,800 |
| Israel Policy Forum Inc New York, NY | General Support | $1,000 |
| Forefront Chicago, IL | General Support | $650 |
| Feeding Matters Phoenix, AZ | General Support | $515 |
| Matan Inc New York, NY | General Support | $500 |
| The Chicago Lighthouse Chicago, IL | General Support | $500 |
Ready to take the next step with MB Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $483,190 | $94,190 | $114,785 | $112,592 | 13 | $112,607 | $94,190 | $126,539 |
| 2024 | $494,216 | $78,396 | $97,267 | $95,000 | 5 | $95,015 | $78,366 | $113,751 |
| 2023 | $513,087 | $78,777 | $95,968 | $95,053 | 6 | $95,068 | $78,446 | $93,554 |
| 2022 | $530,278 | $62,038 | $106,270 | $105,183 | 5 | $105,183 | $61,320 | $96,926 |
| 2021 | $574,510 | $56,540 | $76,612 | $75,874 | 8 | — | $56,518 | $103,113 |
| 2020 | $611,582 | $41,477 | $69,817 | $69,500 | 6 | — | $41,452 | $78,834 |
| 2019 | $622,922 | $27,729 | $50,191 | $49,750 | 5 | — | $27,729 | $73,022 |
Under IRS private-foundation payout rules, MB Foundation reported a distributable amount of $127K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include support for organizations with varied stated missions. PAWS INC describes its mission as animal rescue, adoption, and promoting and assisting with spay and neuter services. Feeding Matters describes its work as advancing care and research for children with pediatric feeding disorders. Matan says it works to help Jewish professionals, communities, and families create and sustain inclusive settings in Jewish life.
Grantmaking
In 2025, the foundation made 13 grants totaling $112,592. Grant amounts ranged from $104 to $72,325, with a median grant of $650. The largest grants included $72,325 to Jewish United Fund and $27,198 to PAWS, both listed in the filing as Chicago recipients, and $5,000 to St Chysostom’s Episcopal Church in Chicago. The filing lists each of these grants for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Michael Frank as president, Aaron Frank as vice-president, Marshall Eisenberg as treasurer, and Allen Turner as secretary.
MB Foundation is led by Michael Frank, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Frank
President
On filings since 2019
1 hr/week
No compensation reported
Aaron Frank
Vice President
On filings since 2019
0.1 hrs/week
No compensation reported
Allen Turner
Secretary
On filings since 2019
0.1 hrs/week
No compensation reported
Marshall Eisenberg
Treasurer
On filings since 2019
0.1 hrs/week
No compensation reported
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 MB Foundation
How much does MB Foundation give each year?
MB Foundation gave $113K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $95K across 5 grants.
What is MB Foundation's typical grant size?
MB Foundation's median grant in 2025 was $650, and its average grant was $8,661, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from MB Foundation that year got $8K on average.
Where does MB Foundation give grants?
MB Foundation gives mostly in Illinois: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (8 grants), Phoenix, AZ (2 grants) and New York, NY (2 grants).
Does MB Foundation give general operating support?
Yes: 100% of MB Foundation's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are MB Foundation's largest grantees?
MB Foundation's largest 2025 grantees include Jewish United Fund ($72,325), Paws ($27,198) and St Chysostom's Episcopal Church ($5,000), according to its 2025 IRS Form 990-PF. Together they received 93% of its itemized 2025 grant dollars.
How large is MB Foundation?
MB Foundation reported $483K in total assets on its 2025 IRS Form 990-PF. It paid out $113K in qualifying distributions that year, against a required minimum of $127K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does MB Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include support for organizations with varied stated missions. PAWS INC describes its mission as animal rescue, adoption, and promoting and assisting with spay and neuter services. See mission & focus areas ↑
How do I apply for a grant from MB Foundation?
The foundation does not accept unsolicited requests for funds; it states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is MB Foundation's EIN?
MB Foundation's EIN (Employer Identification Number) is 36-4121337. IRS Form 990 filing data is available on this page for 2019–2025.
Does MB Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 9, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 23, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in MB Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Illinois
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Jewish Federation of Metropolitan Chicago
Chicago, IL
The Jewish Federation of Metropolitan Chicago funds human services, Jewish education and community programs, crisis response, and support for Israel and Jewish communities worldwide, primarily through Chicago-area agencies and initiatives. In 2025, its grants had a median of about $20,000, though awards ranged widely; the profile does not state whether it accepts unsolicited requests.
Assets
$1.1B
Grants
896
Total Given
$166.6M
The Yelp Foundation
San Francisco, CA
Assets
$6.2M
Grants
644
Total Given
$886K
The Allstate Foundation
Northbrook, IL
The Allstate Foundation funds youth empowerment, efforts to prevent and address relationship abuse, nonprofit leadership, and related economic opportunity and equity work. Its 2024 grants ranged from $250 to $2 million, with a median of $1,000, and awards must support work in the United States. It accepts proposals from organizations beyond a preselected list; proposals are reviewed as received.
Assets
$89.3M
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
Chicago, IL
The Elks National Foundation funds scholarships, youth programs, veterans’ services, and charitable projects through Elks Lodges and state associations across the United States. Its 2026 grants had a median size of $10,000, though awards varied widely; the profile describes application routes for specific Lodge and scholarship programs but does not state whether it accepts unsolicited requests.
Assets
$954.1M
Grants
1,536
Total Given
$36.5M
John D and Catherine T Macarthur Foundation
Chicago, IL
The MacArthur Foundation funds work advancing a more just, verdant, and peaceful world, including climate solutions, criminal justice, journalism, technology, and Chicago. In 2024, its grants had a median of $160,000, though awards ranged widely; it generally does not accept unsolicited requests, with possible exceptions for specific open calls or proposals that meet program guidelines.
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
More similar funders
More Funders in Illinois
Cite this profile
Grantable. (2026). MB Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/mb-foundation-morg_b482e9fe17a14b8cb4d13abed2a526e9
BibTeX
@misc{grantable_364121337_2026,
author = {{Grantable}},
title = {{MB Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mb-foundation-morg_b482e9fe17a14b8cb4d13abed2a526e9},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from MB Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
MB Foundation down — hundreds of funders to go?