MH Foundation Inc
MH Foundation Inc is a private foundation, based in Akron, OH. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $280K. Net investment income was $15K.
MH Foundation Inc at a glance
In short: MH Foundation Inc gave $280K across 3 grants in 2023 (avg $93K), mostly in Ohio. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $280,000
- +1455.6% vs 2022
- Grants made (2023)
- 3
- +0.0% vs 2022
- Average grant
- $93,333
- +1455.6% vs 2022
- Median grant
- $40,000
- Primary geography
- Ohio (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who MH Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
The largest 2023 recipient was Clovernook Center for the Blind and Visually Impaired ($200K). Together the top 3 received $280K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 9 grants of 10 (90%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
States
Cities
How MH Foundation Inc gives
- Giving grew 1173% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $18K (2022) to $280K (2023). In 2023 it made 3 grants totaling $280K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Clovernook Center for the Blind and Visually Impaired Cincinnati, OH | Unrestricted | $200,000 |
| Sweet Cheeks Diaper Bank Cincinnati, OH | Unrestricted | $40,000 |
| Freestore Foodbank Cincinnati, OH | Unrestricted | $40,000 |
Ready to take the next step with MH Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $15,548 | $292,062 | $280,000 | 3 | $280,000 | $15,473 | $7,340 |
| 2022 | $287,692 | $1,670 | $24,451 | $18,000 | 3 | $18,000 | $2,313 | $15,901 |
| 2021 | $354,716 | $12,566 | $24,591 | $18,351 | 3 | $18,351 | $12,566 | $17,495 |
| 2020 | $365,747 | $-293,007 | $32,598 | $22,000 | 1 | — | — | $26,898 |
Under IRS private-foundation payout rules, MH Foundation Inc reported a distributable amount of $7K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
MH Foundation Inc's 2023 filing lists 3 officers; 2 of 3 officers listed in 2023 are compensated.
Officers on the 2023 filing
Heidi Hanssen
Director
On filings since 2020
2 hrs/week
$3K (2020) → $2K (2023)
William Burkes
Director
On filings since 2020
1 hr/week
$310 (2022) → $429 (2023)
Barry Zimmer
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $2K, to Heidi Hanssen (Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about MH Foundation Inc
How much does MH Foundation Inc give each year?
MH Foundation Inc gave $280K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $18K across 3 grants.
What is MH Foundation Inc's typical grant size?
MH Foundation Inc's median grant in 2023 was $40,000, and its average grant was $93,333, across 3 grants on its 2023 IRS Form 990-PF.
Where does MH Foundation Inc give grants?
MH Foundation Inc gives mostly in Ohio: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cincinnati, OH (3 grants).
Does MH Foundation Inc give general operating support?
Yes: 100% of MH Foundation Inc's 2023 grants with a stated purpose (3 of 3) were for general or operating support, per its 2023 IRS Form 990-PF.
How much is MH Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, MH Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is MH Foundation Inc's EIN?
MH Foundation Inc's EIN (Employer Identification Number) is 61-1582005. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in MH Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Ohio
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Synchrony Foundation
Stamford, CT
In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$72.3M
Grants
394
Total Given
$20.5M
Miramar Charitable Foundation
Ft Mitchell, KY
Miramar Charitable Foundation funds preselected charitable organizations across areas including arts, survivor support, education, science, and journalism, with grants to recipients in multiple states; in 2024, the largest shares went to Colorado, North Carolina, California, New York, and Florida. Its 2024 grants ranged from $250 to $1 million, with a median of $2,000. It does not accept unsolicited requests.
Assets
$32.5M
Grants
188
Total Given
$4.5M
Magnified Giving
Cincinnati, OH
To provide grants to local charities through youth participating in the youth Philanthropy education provided by Magnified Giving.
Assets
$3.8M
Grants
3
Total Given
$17K
The Wohlgemuth Herschede Foundation CO
Cincinnati, OH
The Wohlgemuth Herschede Foundation supported a range of charitable organizations, including arts and culture, education, housing, hunger relief, and animal welfare, primarily in the greater Cincinnati area. In 2022, it made 126 grants totaling about $1.03 million, typically $5,000 (with awards from $1,000 to $40,000). Its 2022 filing said it accepted letters and did not limit grants to preselected organizations; this is historical information, and no later filing is reported.
Assets
$11.7M
Grants
126
Total Given
$1.0M
The Greater Cincinnati Foundation
Cincinnati, OH
The Greater Cincinnati Foundation funds nonprofits working on education, housing, community and cultural vibrancy, and related regional needs, with responsive grants focused on its eight-county Greater Cincinnati service area. Its 2024 median grant was $20,000, though amounts vary widely; specific opportunities include awards of up to $35,000 for Resilient Communities and up to $450,000 through the Neighborhood Development Fund. It lists RFP and letter-of-intent opportunities but does not state whether it accepts unsolicited requests.
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from MH Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
MH Foundation Inc down — hundreds of funders to go?