Mds Charitable Foundation Trust

LAKEWOOD, NJ EIN: 26-3891387

Mds Charitable Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grants totaling $942K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-14.0% YoY

Annual Giving

$942K

-5.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$942K

-5.8% YoY

Under IRS private-foundation payout rules, Mds Charitable Foundation Trust reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About Mds Charitable Foundation Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $5.0M (100%)

States

New Jersey

Cities

Lakewood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,353,736	$2,737,825	$3,252,808
Revenue	$557,737	$491,894	$428,151
Expenses	$941,826	$1,006,877	$1,031,455
Qualifying Distributions	$941,681	$999,192	$1,024,155
Net Investment Income	—	—	—
Distributable Amount	$19,192	$39,695	$25,546

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various Charitable Organizations - Available Upon Request ($941,681).

Recipient	Purpose	Amount
VARIOUS CHARITABLE ORGANIZATIONS - AVAILABLE UPON REQUEST LAKEWOOD, NJ	EDUCATIONAL	$941,681

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MOSHE SZANZER	TRUSTEE	—	—
DEVORAH SZANZER	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mds Charitable Foundation Trust?

Mds Charitable Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, NJ. It holds $2.4M in total assets as of 2024.

How large is Mds Charitable Foundation Trust?

As of 2024, Mds Charitable Foundation Trust holds $2.4M in total assets with $558K in annual revenue. It awarded 1 grants totaling $942K in 2024.

Where does Mds Charitable Foundation Trust operate?

Mds Charitable Foundation Trust has awarded grants in New Jersey.

What size grants does Mds Charitable Foundation Trust award?

In 2024, Mds Charitable Foundation Trust awarded 1 grants totaling $942K — an average of about $942K per grant, based on its IRS Form 990 filings.

How much is Mds Charitable Foundation Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mds Charitable Foundation Trust reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mds Charitable Foundation Trust's EIN?

Mds Charitable Foundation Trust's EIN (Employer Identification Number) is 26-3891387. IRS Form 990 filing data is available on this page for 2020–2024.