MFUND Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUILFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 44 grants totaling $164K. Net investment income was $106K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

-5.1% YoY

Annual Giving

$164K

+21.7% YoY

Grant Count

44

-6.4% YoY

Avg Grant Size

$4K

+30.0% YoY

About MFUND Inc

Based on IRS filings

MFUND Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUILFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 44 grants totaling $164K. Net investment income was $106K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

AlbanyAlpharettaArlingtonBostonBranfordBridgeportCongersDecorahDenverDerryFitchburgGuilfordHamdenHartfordIthacaLakevilleLincolnLouisvilleMadisonMiddletown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$130K$259K$389K$519K20202021202220232024
Metric202420232022
Total Assets$2,463,917$2,597,547$2,516,276
Revenue$133,522$233,461$113,374
Expenses$264,184$156,497$131,459
Qualifying Distributions$200,890$141,233$112,343
Net Investment Income$106,121$204,835$88,456
Distributable Amount$115,772$124,199$116,317

Giving Over Time

Total grant dollars and number of grants per year

$0$41K$82K$123K$164K29 grants202048 grants202149 grants202247 grants202344 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Velodrome Development Fo…$82KCCAP CT Cycling Advancem…$10KCONNECTICUT FARMLAND TRUST$10K(LEAP) LEADERSHIP EDUCAT…$10KAnthony Trust Association$5KCornell Scott Hill Healt…$5KInternation Festival of …$5KJFK Memorial Library$5KCommon Ground High School$3KDowntown Evening Soup Ki…$3K

Grant Size Distribution

217 grants across all recorded years

215<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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