Megara Foundation
Megara Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 6 grants totaling $92K. Net investment income was $17K.
Megara Foundation at a glance
In short: Megara Foundation gave $92K across 6 grants in 2025 (avg $15K), top state New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $92,000
- +2.2% vs 2024
- Grants made (2025)
- 6
- +0.0% vs 2024
- Average grant
- $15,333
- +2.2% vs 2024
- Median grant
- $10,000
- Total assets
- $1,808,225
- -4.9% vs 2024
- Primary geography
- New York (29% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Megara Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Entreprendre Pour Aider ($50K). Together the top 6 received $92K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 25 grants of 28 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Megara Foundation gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025, annual grant giving ranged from $86K (2023) to $104K (2022). In 2025 it made 6 grants totaling $92K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Entreprendre Pour Aider | General Support | $50,000 |
| The Art Therapy Project New York, NY | General Support | $10,000 |
| Funeyca | General Support | $10,000 |
| Dance for PD Brooklyn, NY | General Support | $10,000 |
| Museum of Modern Art New York, NY | The Access Program | $7,000 |
| Vita Living Houston, TX | Art and Music Therapy Programs | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,808,225 | $29,089 | $121,812 | $92,000 | 6 | $98,377 | $16,991 | $102,462 |
| 2024 | $1,900,948 | $161,476 | $117,194 | $90,000 | 6 | $96,055 | $140,643 | $97,674 |
| 2023 | $1,856,666 | $20,966 | $121,142 | $86,400 | 5 | $92,446 | $10,511 | $96,435 |
| 2022 | $1,956,842 | $554,492 | $137,790 | $104,000 | 6 | $109,871 | $526,573 | $90,764 |
| 2021 | $1,540,140 | $38,865 | $137,743 | $104,000 | 5 | $109,224 | $11,773 | $114,655 |
| 2020 | $1,639,018 | $112,672 | $134,943 | $97,830 | 5 | — | $82,512 | $106,600 |
Under IRS private-foundation payout rules, Megara Foundation reported a distributable amount of $102K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Megara Foundation is led by Francois Letaconnoux, Director & President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Francois Letaconnoux
Director & President
On filings since 2020
1 hr/week
No compensation reported
Denise M. Stoner
Director & Vice President
On filings since 2020
0.1 hrs/week
No compensation reported
Molly K. Wurzer
Director & Secretary-Treas.
On filings since 2020
0.1 hrs/week
No compensation reported
Former officers (1)
- Former: Simon Lapierre (2020) — Director - to
Data from IRS Form 990 filings, 2020–2025. "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 Megara Foundation
How much does Megara Foundation give each year?
Megara Foundation gave $92K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $90K across 6 grants.
What is Megara Foundation's typical grant size?
Megara Foundation's median grant in 2025 was $10,000, and its average grant was $15,333, across 6 grants on its 2025 IRS Form 990-PF.
Where does Megara Foundation give grants?
Megara Foundation's top state is New York, with 29% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was Texas (5%). The most frequent recipient cities were New York, NY (2 grants).
Does Megara Foundation give general operating support?
Yes: 67% of Megara Foundation's 2025 grants with a stated purpose (4 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Megara Foundation's largest grantees?
Megara Foundation's largest 2025 grantees include Entreprendre Pour Aider ($50,000), The Art Therapy Project ($10,000) and Funeyca ($10,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.
How large is Megara Foundation?
Megara Foundation reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $98K in qualifying distributions that year, against a required minimum of $102K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Megara Foundation's EIN?
Megara Foundation's EIN (Employer Identification Number) is 45-3261957. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Megara Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Megara Foundation's focus areas in our free grants database
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