Megara Foundation
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
28 grants across all recorded years
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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
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.
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