Microcredit Foundation Inc
Microcredit Foundation Inc is a private foundation focused on International, Foreign Affairs & National Security, based in MINNETONKA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $312K in total assets. In 2024, it awarded 1 grants totaling $11K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$312K
-1.7% YoY
Annual Giving
$11K
-20.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$11K
-20.6% YoY
About Microcredit Foundation Inc
Based on IRS filings
Microcredit Foundation Inc is a private foundation focused on International, Foreign Affairs & National Security, based in MINNETONKA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $312K in total assets. In 2024, it awarded 1 grants totaling $11K. Net investment income was $16K.
Ready to take the next step with Microcredit Foundation Inc?
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 | $311,820 | $317,148 | $379,552 |
| Revenue | $16,198 | $14,972 | $3,364 |
| Expenses | $20,901 | $31,018 | $2,446 |
| Qualifying Distributions | $20,535 | $30,876 | $2,151 |
| Net Investment Income | $16,082 | $14,830 | $3,069 |
| Distributable Amount | $15,627 | $17,992 | $16,010 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL G RAUENHORST | V PRESIDENT/SECRETARY | 0.5 | — |
| ASAD MAHMOOD | DIRECTOR | 0.1 | — |
| STEPHEN J MCCARTHY | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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