Mg2 Foundation

SEATTLE, WA EIN: 46-2377082

Mg2 Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2019 through 2024. In 2024, it awarded 19 grants totaling $270K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$270K

+0.2% YoY

Grant Count

19

-13.6% YoY

Avg Grant Size

$14K

+16.0% YoY

About Mg2 Foundation

Based on IRS filings

Mg2 Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2019 through 2024. In 2024, it awarded 19 grants totaling $270K.

Ready to take the next step with Mg2 Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ATLANTABELLEVUEKENTKIRKLANDMONTCLAIRNEW YORKPHILADELPHIARENTONSAN FRANCISCOSEATTLETALLAHASSEEWASHINGTON

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$135K$203K$270K3 grants20192 grants20203 grants20212 grants202222 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FRED HUTCHINSON CANCER C…$175KLAKE WASHINGTON INSTITUT…$21KCOSTCO SCHOLARSHIP FUND$15KFRIENDS OF COSTCO GUILD$10KHOWARD UNIVERSITY COLLEG…$10KTHE HOME DEPOT FOUNDATION$7KUNITED WAY OF KING COUNTY$5KCOLLEGE SUCCESS FOUNDATION$5KHABITAT FOR HUMANITY$5KSEATTLE DESIGN FESTIVAL$5K

Grant Size Distribution

48 grants across all recorded years

43<$50K$50–100K5$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

From 2024 filing

NameTitleHoursCompensation
JERRY LEEEXECUTIVE DIRECTOR0.5
MITCHELL SMITHCHAIR1
RUSS HAZZARDDIRECTOR1
WENDY UNZELMANDIRECTOR1

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.

What could you do with Mg2 Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities