Megara Foundation

Foundation · Grantmaker Houston, TX EIN: 45-3261957

Megara Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Key facts about Megara Foundation

In short: Megara Foundation gave $92K across 6 grants in 2025 (avg $15K), top state New York. Source: 2025 IRS Form 990-PF.

EIN
45-3261957
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$92,000
Grants made (2025)
6
Average grant
$15,333
Median grant
$10,000
Total assets
$1,808,225
Primary geography
New York (29% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.8M

-4.9% YoY

Annual Giving

$92K

+2.2% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$15K

+2.2% YoY

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.

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.

Your AI grants department

Ready to take the next step with Megara Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 6 itemized 2025 grant dollars.

Cities

New YorkBrooklynHouston

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K5 grants20205 grants20216 grants20225 grants20236 grants20246 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Entreprendre Pour Aider: $50KEntreprendre Pour Aider$50KThe Art Therapy Project: $10KThe Art Therapy Project$10KFuneyca: $10KFuneyca$10KDance for PD: $10KDance for PD$10KMuseum of Modern Art: $7KMuseum of Modern Art$7KVita Living: $5KVita Living$5K

Grant Size Distribution

28 grants across all recorded years

25<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ENTREPRENDRE POUR AIDER GENERAL SUPPORT$50,000
THE ART THERAPY PROJECT New York, NYGENERAL SUPPORT$10,000
FUNEYCA GENERAL SUPPORT$10,000
DANCE FOR PD Brooklyn, NYGENERAL SUPPORT$10,000
MUSEUM OF MODERN ART New York, NYTHE ACCESS PROGRAM$7,000
VITA LIVING Houston, TXART AND MUSIC THERAPY PROGRAMS$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K202020212022202320242025
Metric202520242023
Total Assets$1,808,225$1,900,948$1,856,666
Revenue$29,089$161,476$20,966
Expenses$121,812$117,194$121,142
Qualifying Distributions$98,377$96,055$92,446
Net Investment Income$16,991$140,643$10,511
Distributable Amount$102,462$97,674$96,435

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 18, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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).

What is Megara Foundation?

Megara Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. It holds $1.8M in total assets as of 2025.

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.

Your AI grants department

Here's the math on researching Megara Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Megara Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Schoenheimer Foundation

New York, NY

Assets

$988K

Grants

14

Total Given

$93K

The Brown Foundation Inc

Houston, TX

The Brown Foundation funds education and arts as top priorities, along with human services, healthcare, civic assets, and conservation, primarily in greater Houston, with selective support elsewhere in Texas and beyond. Its 2025 grants ranged from $20,000 to $11 million, with a median of $50,000. New applicants may start with an online pre-application; the Foundation does not accept requests by post or email.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.1B

Grants

222

Total Given

$84.3M

Bristol-Myers Squibb Foundation Inc

Princeton, NJ

The foundation funds health initiatives to expand healthcare access and strengthen health systems, with priorities including cancers, blood disorders, brain health, and clinical-trial participation. Its 2024 grants had a median of $134,090, though awards ranged widely; its stated focus geographies are Brazil, India, ten Sub-Saharan African countries, and the United States. It invites organizations to inquire about its grantmaking process, with application materials available upon request and no deadline listed.

Assets

$83.3M

Grants

144

Total Given

$67.7M

Timely Rain

Boulder, CO

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

15

Total Given

$253K

The Broad Art Foundation

Los Angeles, CA

Arts, Culture & Humanities

Assets

$786.3M

Grants

4

Total Given

$5.1M

Bernice Sokol Foundation

New York, NY

The Bernice Sokol Foundation supports a varied mix of charitable organizations, including cultural institutions, a synagogue, and groups focused on refugees, guide dogs, and youth sports. Its 2025 grants totaled $17,277, typically $100, with most funding going to New York recipients. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$74K

Grants

25

Total Given

$17K

Bogatin Family Foundation Inc

San Diego, CA

Philanthropy, Voluntarism & Grantmaking

Assets

$1.5M

Grants

12

Total Given

$93K

Spectemur Agendo Inc

Washington, DC

The foundation’s stated interests include peace and foreign policy, reproductive rights, government reform, and civil rights, supporting organizations working nationally in the United States. Grants were typically $5,000–$10,000 for general support, though reported awards varied; its website says it stopped accepting unsolicited proposals during its spend-down and ended grantmaking in 2022.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.1M

Grants

19

Total Given

$775K

The Enoch Foundation

Wilmington, DE

The Enoch Foundation supports health, arts and cultural, and educational organizations, with most 2024 funding going to recipients in New York and additional grants in Connecticut, Vermont, and Michigan. Its 2024 grants ranged from $5,000 to $200,000, with a median of $50,000. It does not accept unsolicited requests and gives only to preselected organizations.

Assets

$28.9M

Grants

28

Total Given

$2.1M

291 Foundation

New York, NY

In 2024, the foundation supported charitable organizations in areas including art, animal-assisted services, housing, and medical care, with nearly all funding going to New York. Grants ranged from $400 to $75,000, with a median of $1,500; it does not accept unsolicited requests and funds only preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$421K

Grants

42

Total Given

$496K

High Five Foundation II

Woodmere, NY

The foundation supports a range of charitable organizations, including educational, Jewish community, cultural, and other groups, with most funding going to New York and New Hampshire. In 2025, it awarded 116 grants totaling $395,645; grants ranged from $75 to $62,500, with a median of $500. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$6.9M

Grants

116

Total Given

$396K

Jpmorgan Chase Foundation

New York, NY

The foundation supports neighborhood revitalization, underserved small businesses, financial health, and economic mobility and career pathways, with 2024 grants ranging from $4 to $4,635,000 and a median of $550. Its grants reached organizations across multiple U.S. locations, including Washington, DC, New York, California, Illinois, Washington state, and Georgia. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.

Assets

$1.1B

Grants

11,076

Total Given

$193.0M

More Funders in Texas

Megara Foundation down — hundreds of funders to go?

Want AI to do this for you?