Mcu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 37 grants totaling $155K. Net investment income was $59K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+45.2% YoY
Annual Giving
$155K
+7639.4% YoY
Grant Count
37
+825.0% YoY
Avg Grant Size
$4K
+736.7% YoY
Under IRS private-foundation payout rules, Mcu Foundation reported a distributable amount of $102K for 2024 — the minimum it must pay out in qualifying distributions.
About Mcu Foundation
Based on IRS filings
Mcu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 37 grants totaling $155K. Net investment income was $59K.
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 | $3,022,247 | $2,080,764 | — |
| Revenue | $1,122,953 | $2,083,218 | — |
| Expenses | $164,607 | $2,454 | — |
| Qualifying Distributions | $155,210 | $2,000 | — |
| Net Investment Income | $58,514 | $1,863 | — |
| Distributable Amount | $101,852 | $6,275 | — |
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
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mcu Members ($14,215), Jeannette Muller ($10,000), Jeremy Martinez ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MCU MEMBERS NEW YORK, NY | $5-$10 MICROGRANTS | $14,215 |
| JEANNETTE MULLER YORKTOWN HTS, NY | HOME OWNERSHIP | $10,000 |
| JEREMY MARTINEZ BRONX, NY | HOME OWNERSHIP | $10,000 |
| SUNCOAST CREDIT UNION FOUNDATION TAMPA, FL | BASIC NECESSITIES | $10,000 |
| JEANNETTE FERNANDEZ NEW YORK, NY | HOME OWNERSHIP | $5,000 |
| ABIGAIL CADET BROOKLYN, NY | EDUCATION | $5,000 |
| LAUREN MITCHELL FAR ROCKAWAY, NY | EDUCATION | $5,000 |
| NAILA HULL-GOINGS EAST STROUDSBURG, PA | EDUCATION | $5,000 |
| AARON OLTON BROOKLYN, NY | EDUCATION | $5,000 |
| CAROLYN ELLIS STATEN ISLAND, NY | EDUCATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mcu Foundation?
Mcu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $3.0M in total assets as of 2024.
How large is Mcu Foundation?
As of 2024, Mcu Foundation holds $3.0M in total assets with $1.1M in annual revenue. It awarded 37 grants totaling $155K in 2024.
Where does Mcu Foundation operate?
Mcu Foundation has awarded grants in Connecticut, Florida, Minnesota, New York, Pennsylvania.
What size grants does Mcu Foundation award?
In 2024, Mcu Foundation awarded 37 grants totaling $155K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Mcu Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcu Foundation reported a distributable amount of $102K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mcu Foundation's EIN?
Mcu Foundation's EIN (Employer Identification Number) is 88-4171437. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Mcu 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.
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