MH Foundation
MH Foundation is a private foundation, based in Hewlett, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $635K in total assets. In 2024, it awarded 7 grants totaling $1.3M. Net investment income was $97K.
MH Foundation at a glance
In short: MH Foundation gave $1.3M across 7 grants in 2024 (avg $192K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,346,802
- +656.1% vs 2023
- Grants made (2024)
- 7
- -12.5% vs 2023
- Average grant
- $192,400
- +764.1% vs 2023
- Median grant
- $27,294
- Total assets
- $634,894
- -55.0% vs 2023
- Primary geography
- California (87% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who MH Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Schwab Charitable Fund ($1.2M). Together the top 6 received $1.3M.
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 25 grants of 31 (81%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How MH Foundation gives
- Giving grew 1656% from 2021 to 2024. Method
- In 2024 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 2024, annual grant giving ranged from $77K (2021) to $1.3M (2024). In 2024 it made 7 grants totaling $1.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable Fund San Francisco, CA | Charitable | $1,177,589 |
| Various Misc Charities Lawrence, NY | Charitable | $75,689 |
| Mesivta Ateres Yaakov Lawrence, NY | Charitable | $28,830 |
| Halb Cedarhurst, NY | Charitable | $27,294 |
| Darchei Torah Far Rockaway, NY | Charitable | $17,000 |
| Cong Bnei Helmetz Brooklyn, NY | Charitable | $11,000 |
| NCSY New York, NY | Charitable | $9,400 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $634,894 | $98,064 | $874,422 | $1,346,802 | 7 | $1,346,802 | $97,081 | $94,605 |
| 2023 | $1,411,252 | $40,702 | $178,581 | $178,122 | 8 | $178,122 | $40,409 | $109,180 |
| 2022 | $1,549,131 | $-91,545 | $175,493 | $175,023 | 11 | $175,023 | $24,818 | $112,491 |
| 2021 | $1,816,169 | $20,824 | $80,578 | $76,689 | 3 | $76,689 | $20,824 | $127,110 |
| 2020 | $1,875,923 | $269,564 | $162,965 | $156,276 | 2 | — | $274,170 | $107,255 |
Under IRS private-foundation payout rules, MH Foundation reported a distributable amount of $95K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
MH Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Hadassah Jacobowitz
Trustee
On filings since 2020
No compensation reported
Jeffrey Jacobowitz
Trustee
On filings since 2020
No compensation reported
Marc Jacobowitz
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about MH Foundation
How much does MH Foundation give each year?
MH Foundation gave $1.3M across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $178K across 8 grants.
What is MH Foundation's typical grant size?
MH Foundation's median grant in 2024 was $27,294, and its average grant was $192,400, across 7 grants on its 2024 IRS Form 990-PF.
Where does MH Foundation give grants?
MH Foundation gives mostly in California: 87% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (13%). The most frequent recipient cities were Lawrence, NY (2 grants).
Does MH Foundation give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on MH Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (7 grants).
Who are MH Foundation's largest grantees?
MH Foundation's largest 2024 grantees include Schwab Charitable Fund ($1,177,589), Mesivta Ateres Yaakov ($28,830) and Halb ($27,294), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.
How large is MH Foundation?
MH Foundation reported $635K in total assets on its 2024 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $95K (roughly 5% of its investment assets).
What is MH Foundation's EIN?
MH Foundation's EIN (Employer Identification Number) is 26-1258688. IRS Form 990 filing data is available on this page for 2020–2024.
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 2020–2024
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Browse active grant opportunities in MH Foundation's focus areas in our free grants database
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