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
Under IRS private-foundation payout rules, MFUND Inc reported a distributable amount of $116K for 2024 — the minimum it must pay out in qualifying distributions.
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.
Focus Areas
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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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
217 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Velodrome Development Foundation ($81,800), CCAP CT Cycling Advancement Program ($10,250), Connecticut Farmland Trust ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONNECTICUT FARMLAND TRUST HARTFORD, CT | GENERAL SUPPORT | $10,000 |
| All Our Kin NEW HAVEN, CT | GENERAL SUPPORT | $250 |
| American Farmland Trust Washington DC, WA | GENERAL SUPPORT | $100 |
| Arts Council of Greater NH Derry, NH | GENERAL SUPPORT | $1,500 |
| Anthony Trust Association NEW HAVEN, CT | GENERAL SUPPORT | $5,000 |
| Arbor Day Foundation LINCOLN, NE | GENERAL SUPPORT | $60 |
| Community Foundation of North Central Massachusets Fitchburg, MA | GENERAL SUPPORT | $1,000 |
| CCAP CT Cycling Advancement Program MIDDLETOWN, CT | GENERAL SUPPORT | $10,250 |
| Chabad-Lubavitch of the Shoreline GUILFORD, CT | GENERAL SUPPORT | $700 |
| CitySeed NEW HAVEN, CT | GENERAL SUPPORT | $1,500 |
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
Frequently Asked Questions
What is MFUND Inc?
MFUND Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUILFORD, CT. It holds $2.5M in total assets as of 2024.
How large is MFUND Inc?
As of 2024, MFUND Inc holds $2.5M in total assets with $134K in annual revenue. It awarded 44 grants totaling $164K in 2024.
Where does MFUND Inc operate?
MFUND Inc has awarded grants in Arizona, California, Colorado, Connecticut, District of Columbia, Georgia, Iowa, Massachusetts, Nebraska, New Hampshire, New York, Pennsylvania, Virginia, Washington.
What size grants does MFUND Inc award?
In 2024, MFUND Inc awarded 44 grants totaling $164K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is MFUND Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, MFUND Inc reported a distributable amount of $116K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is MFUND Inc's EIN?
MFUND Inc's EIN (Employer Identification Number) is 26-1560414. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in MFUND Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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