Medcare Foundation Inc
Medcare Foundation Inc is a nonprofit organization, based in Potomac, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $341K in total assets.
Medcare Foundation Inc at a glance
- Total assets
- $340,555
- +0.0% vs 2023
- Latest 990 filing
- Form 990 filing, 2024 View filing
Data from IRS Form 990 filing, 2024; updated September 2026.
Who Medcare Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Medcare Foundation Inc gives
- Giving grew 73% from 2020 to 2023. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $3K (2021) to $23K (2023). In 2023 it made 2 grants totaling $23K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Islamic Community Center Potomac, MD | Contribution | $20,000 |
| The Citizens Foundation USA Houston, TX | Contribution | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|
| 2024 | $340,555 | — | — | — | — |
| 2023 | $340,555 | $23,000 | $23,000 | 2 | $23,000 |
| 2022 | $363,555 | $3,730 | $3,500 | 2 | $3,500 |
| 2021 | $367,055 | $3,220 | $3,000 | 1 | $3,000 |
| 2020 | $370,055 | $13,500 | $13,300 | 2 | — |
Leadership & Key People
Officers and directors from IRS filings
Medcare Foundation Inc is led by Muhammad Yusuf, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Muhammad Yusuf
President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Medcare Foundation Inc
How large is Medcare Foundation Inc?
Medcare Foundation Inc reported $341K in total assets on its 2024 IRS Form 990 filing.
Where does Medcare Foundation Inc operate?
Medcare Foundation Inc has awarded grants in Maryland, Texas.
What is Medcare Foundation Inc's EIN?
Medcare Foundation Inc's EIN (Employer Identification Number) is 33-1030746. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Medcare Foundation Inc's focus areas in our free grants database
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Figures come from Medcare Foundation Inc'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.
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