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.

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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

Among its reported 2024 grants, the largest include Fred Hutchinson Cancer Center ($175,200), Lake Washington Institute of Technology Foundation ($21,000), Costco Scholarship Fund ($15,000).

RecipientPurposeAmount
ARCHITECTS WITHOUT BORDERS SEATTLE SEATTLE, WAGENERAL PURPOSE$1,500
COLLEGE SUCCESS FOUNDATION BELLEVUE, WA2024 BREAKFAST FUNDRAISER SPONSORSHIP$5,000
FRED HUTCHINSON CANCER CENTER SEATTLE, WAGENERAL PURPOSE$175,200
FRIENDS OF COSTCO GUILD SEATTLE, WAGENERAL PURPOSE$10,000
HABITAT FOR HUMANITY RENTON, WAGENERAL PURPOSE$5,000
HOWARD UNIVERSITY COLLEGE OF ENGINEERING AND ARCHITECTURE WASHINGTON, DCGIFT FOR SCHOLARSHIP$10,000
LAKE WASHINGTON INSTITUTE OF TECHNOLOGY FOUNDATION KIRKLAND, WAGIFT FOR THE LW SCHOLARSHIP$21,000
LUPUS FOUNDATION OF AMERICA INC WASHINGTON, DCFOR THE BENEFIT OF THE WALK TO END LUPUS$2,500
READ ALLIANCE NEW YORK, NYGENERAL PURPOSE$2,500
THE HOWARD UNIVERSITY WASHINGTON, DCFOR THE BENEFIT OF DESIGN AWARD WINNERS$1,750

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

Frequently Asked Questions

What is Mg2 Foundation?

Mg2 Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. It holds — in total assets as of 2024.

Where does Mg2 Foundation operate?

Mg2 Foundation has awarded grants in California, District of Columbia, Florida, Georgia, New Jersey, New York, Pennsylvania, Washington.

What size grants does Mg2 Foundation award?

In 2024, Mg2 Foundation awarded 19 grants totaling $270K — an average of about $14K per grant, based on its IRS Form 990 filings.

What is Mg2 Foundation's EIN?

Mg2 Foundation's EIN (Employer Identification Number) is 46-2377082. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Mg2 Foundation's focus areas in our free grants database

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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