Medical Group Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGHLAND, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $646K in total assets. In 2024, it awarded 3 grants totaling $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$646K
-5.5% YoY
Annual Giving
$38K
-19.2% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$13K
+7.7% YoY
Under IRS private-foundation payout rules, Medical Group Foundation Inc reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Medical Group Foundation Inc
Based on IRS filings
Medical Group Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGHLAND, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $646K in total assets. In 2024, it awarded 3 grants totaling $38K.
Focus Areas
Ready to take the next step with Medical Group Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $646,266 | $683,919 | $750,422 |
| Revenue | $50,498 | $31,017 | $71,129 |
| Expenses | $88,152 | $97,288 | $99,009 |
| Qualifying Distributions | $38,000 | $47,050 | $48,100 |
| Net Investment Income | — | — | — |
| Distributable Amount | $39,794 | $40,951 | $45,598 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Washington Adventist Univ ($25,000), Takoma Academy ($6,500), Beltsville Adventist Scho ($6,500).
| Recipient | Purpose | Amount |
|---|---|---|
| WASHINGTON ADVENTIST UNIV TAKOMA PARK, MD | EDUCATIONAL | $25,000 |
| TAKOMA ACADEMY TAKOMA PARK, MD | EDUCATIONAL | $6,500 |
| BELTSVILLE ADVENTIST SCHO BELTSVILLE, MD | EDUCATIONAL | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID P MALIN | TRUSTEE | — | — |
| CHARLOTTE M RECORD | SEC/TREAS | — | $26,520 |
| GEORGE W REID | TRUSTEE | — | — |
| DOUGLAS L MALIN | PRESIDENT | — | $6,000 |
| M LEROY HAAS | TRUSTEE | — | — |
| WESLEY S MALIN | TTUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Medical Group Foundation Inc?
Medical Group Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGHLAND, MD. It holds $646K in total assets as of 2024.
How large is Medical Group Foundation Inc?
As of 2024, Medical Group Foundation Inc holds $646K in total assets with $50K in annual revenue. It awarded 3 grants totaling $38K in 2024.
Where does Medical Group Foundation Inc operate?
Medical Group Foundation Inc has awarded grants in Maryland.
What size grants does Medical Group Foundation Inc award?
In 2024, Medical Group Foundation Inc awarded 3 grants totaling $38K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Medical Group Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Medical Group Foundation Inc reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Medical Group Foundation Inc's EIN?
Medical Group Foundation Inc's EIN (Employer Identification Number) is 54-0566601. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Medical Group Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
T Rowe Price Program for Charitable
BALTIMORE, MD
Assets
$648.3M
Grants
2,900
Total Given
$132.5M
The Pet Care Trust
FOREST HILL, MD
Assets
$1.3M
Grants
2,829
Total Given
$256K
Impactassetsinc
BETHESDA, MD
Assets
$3.0B
Grants
2,733
Total Given
$580.1M
Annie E Casey Foundation Inc
BALTIMORE, MD
Assets
$2.3B
Grants
1,462
Total Given
$93.1M
The Harry and Jeanette Weinberg
OWINGS MILLS, MD
Assets
$1.8B
Grants
872
Total Given
$127.8M
Johns Hopkins University
BALTIMORE, MD
Assets
$23.0B
Grants
757
Total Given
$467.3M
The Keith Campbell Foundation
BETHESDA, MD
Assets
$420.2M
Grants
688
Total Given
$27.9M
Cystic Fibrosis Foundation
BETHESDA, MD
Assets
$5.0B
Grants
624
Total Given
$189.6M
Baltimore Community Foundation Inc
BALTIMORE, MD
Assets
$314.3M
Grants
604
Total Given
$29.3M
Nora Roberts Foundation
GLENN DALE, MD
Assets
$105.4M
Grants
592
Total Given
$7.5M
Associated Jewish Charities of Baltimore
BALTIMORE, MD
Assets
$422.3M
Grants
505
Total Given
$30.1M
Enterprise Community Partners Inc
COLUMBIA, MD
Assets
$942.0M
Grants
412
Total Given
$74.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Medical Group Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities