Mcn Build Foundation Inc

WASHINGTON, DC EIN: 47-4784436 Website

MCN BUILD FOUNDATION INC is a private independent foundation based in Washington, DC, established in 2017. The organization operates as a 501(c)(3) philanthropic entity focused on supporting diverse communities through funding initiatives and volunteer engagement across multiple geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$22K

-51.2% YoY

Annual Giving

$479K

-11.4% YoY

Grant Count

+10.5% YoY

Avg Grant Size

$11K

-19.8% YoY

Under IRS private-foundation payout rules, Mcn Build Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's primary focus areas include:

Educational support and school construction projects
Religious support and faith-based initiatives
Job creation and employment opportunities, particularly for individuals from Lebanon
Food security and meal provision for individuals in need
Community development and infrastructure projects

The foundation emphasizes hands-on community involvement alongside financial support, with a stated belief that "it is our responsibility and our privilege to work to improve the communities in which we live and work."

Grantmaking

The foundation made 17 grants in 2023. Recent notable grants include:

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Geographic Focus

Where this funder awards grants

The foundation operates across multiple regions:

Domestic:

Washington, DC and Baltimore areas (primary focus)
California, Georgia, Hawaii, Maryland, New York, Virginia

International:

Lebanon (10 completed projects with five additional projects underway)
El Salvador (completed state-of-the-art digital and public library in San Salvador in 2021)
Ethiopia (completed digital library and school in Northern Ethiopia)

Grant Distribution by State

District of Columbia $813K (42%)

New York $485K (25%)

Georgia $152K (8%)

Maryland $130K (7%)

Delaware $113K (6%)

Virginia $86K (4%)

California $86K (4%)

VI $50K (3%)

+3 more states

States

California District of Columbia Delaware Georgia Hawaii Massachusetts Maryland New York Virginia Vi

Cities

AtlantaBaltimoreBethesdaBowieBrooklynBurtonsvilleChristianstedDoverFairfaxFairfax StationFrederickFrederikstedGoletaHonoluluHyattsvilleKingshillLandoverLargoLeesburgMitchellville

Financial History

Multi-year comparison from IRS filings

Metric	Amount	Year
Total Assets	$45,277	2023
Total Revenue	$457,900	2023
Total Expenses	$654,930	2023
Total Giving	$540,543	2023
Revenue (2024)	$576,000	2024
Expenses (2024)	$599,185	2024
Total Assets (2024)	$22,100	2024

The foundation's expenses consistently exceed its revenue, indicating reliance on asset depletion or periodic capital contributions.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$22,092	$45,277	$242,307
Revenue	$576,000	$457,900	$843,500
Expenses	$599,185	$654,930	$738,153
Qualifying Distributions	$599,185	$654,930	$738,153
Net Investment Income	—	—	—
Distributable Amount	$3,636	$8,841	$19,061

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

163 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fundacion Pies Descalzos (barefoot Foundation) ($105,000), Washington International School Wis ($90,000), Catholic Near East Welfare Assoc ($31,000).

Recipient	Purpose	Amount
ALABAMA AVENUE COMMUNITY WASHINGTON, DC	ALABAMA FOUNDATION, DISTRICT SPORTS PROGRAM SUPPOR AND BASKETBALL TOURNAMENT	$15,000
BEACON HOUSE WASHINGTON, DC	NON PROFIT YOUTH FOOTBALL PROGRAM	$5,922
BIG TREE MEMORIAL FUND FREDERICK, MD	SPONSOR GOLF TOURNAMENT	$2,500
BOWIE STATE UNIVERSITY BOWIE, MD	ANNUAL CONTRIBUTION	$2,500
BREAD FOR THE CITY WASHINGTON, DC	ANNUAL DONATION	$30,000
BUILDING HOPE WASHINGTON, DC	DONATION TO IMPACY FUND	$10,000
CATHOLIC NEAR EAST WELFARE ASSOC NEW YORK, NY	FUND 30 COMPUTERS FOR COLLEGE OF MAR ABDA IN THE CHOUF REGION	$31,000
DAVON THOMAS MCNEAL LLC WASHINGTON, DC	HELP FUND APPRENTICESHIP PROGRAM FOR STUDENTS	$4,869
DC PREPARATORY ACADEMY WASHINGTON, DC	ANNUAL CONTRIBUTION	$10,000
DEVELOPMENT ECONOMIC OPPORTUNITIES WASHINGTON, DC	SPONSOR ANNUAL SENIOR VALENTINES DANCE	$1,200

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's leadership team operates without compensation:

Rudy Seikaly - President
Todd Stokes - Treasurer
William Coffield - Secretary

The organization operates with one employee and relies on a dedicated team of unpaid directors and officers.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RUDY SEIKALY	PRESIDENT	8	—
TODD STOKES	TREASURER	0.1	—
WILLIAM COFFIELD	SECRETARY	2	—
BASSEM BOUSTANY	DIRECTOR	2	—
JOSEPH KHOURY	DIRECTOR	2	—

Contact Information

Address: 1214 28th St NW, Washington, DC 20007

EIN: 47-4784436

Tax-Exempt Status: Since March 2017

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Mcn Build Foundation Inc fund?

The foundation's primary focus areas include: • Educational support and school construction projects • Religious support and faith-based initiatives • Job creation and employment opportunities, particularly for individuals from Lebanon • Food security and meal provision for individuals in need • Community development and infrastructure projects The foundation emphasizes hands-on community involvement alongside financial support, with a stated belief that "it is our responsibility and our privil…

How do I apply for a grant from Mcn Build Foundation Inc?

The foundation made 17 grants in 2023. Recent notable grants include: • Garden City School PTO: $105,000 (Garden School Construction) • Washington International School (WIS): $80,000 (WIS Gala Donation) • Catholic Near East Welfare Association: $55,600 (Besancon Sisters School) • City of San Salvador, El Salvador: Grant recipient (2023) • Total giving (2023): $540,543 • Total expenses (2023): $654,930 • Total revenue (2023): $457,900 • Total assets (2023): $45,277

Where does Mcn Build Foundation Inc make grants?

The foundation operates across multiple regions: **Domestic:** • Washington, DC and Baltimore areas (primary focus) • California, Georgia, Hawaii, Maryland, New York, Virginia **International:** • Lebanon (10 completed projects with five additional projects underway) • El Salvador (completed state-of-the-art digital and public library in San Salvador in 2021) • Ethiopia (completed digital library and school in Northern Ethiopia)

What size grants does Mcn Build Foundation Inc award?

In 2024, Mcn Build Foundation Inc awarded 42 grants totaling $479K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Mcn Build Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcn Build Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.