Million Dollar Round Table Foundation
The Million Dollar Round Table Foundation (MDRT Foundation) is a 501(c)(3) public charity established in 1959 and headquartered in Park Ridge, Illinois. It serves as the charitable arm of the Million Dollar Round Table (MDRT), a global association of financial services professionals. The Foundation demonstrates the generosity, service, and impact of MDRT members by providing grant funding to worthy charitable organizations worldwide.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.3M
+10.6% YoY
Annual Giving
$737K
-4.8% YoY
Grant Count
31
-24.4% YoY
Avg Grant Size
$24K
+26.0% YoY
Mission & Focus Areas
Mission: Since 1959, the mission of the MDRT Foundation has been to encourage MDRT member volunteerism and to give funds to worthy, charitable organizations throughout the world. Funds granted by the MDRT Foundation serve to reflect the positive role that financial professionals play in the lives of others.
Vision: To empower MDRT members to make a difference in their communities around the world.
Core Values:
- Lead with love, hope and the joy of giving
- Embrace and uphold inclusivity
- Foster connection, empowerment and service
- Steward all gifts with care, diligence and wisdom
Funding Areas: The Foundation funds a diverse range of charitable programs, including:
- Programs directed at children in need
- Education
- Job training
- Food insecurity
- Health and wellness
- Mental health
- Poverty alleviation
All funding awarded by the MDRT Foundation has a connection to a member of MDRT, reflecting the diverse interests of the membership.
Grantmaking
How to Apply
** Grant awards are determined through a grant application process, Foundation policy, or by the board of trustees. All grant recipients must meet eligibility requirements, including operating as a not-for-profit organization for charitable purposes. Charities interested in applying for a grant need to be sponsored by a current MDRT member.
Ready to take the next step with Million Dollar Round Table Foundation?
Geographic Focus
Where this funder awards grants
The Foundation funds charitable organizations worldwide, with documented grant activity in:
- Africa
- Asia
- Europe
- North America
- South America
Recent grant activity has been documented in at least 36 countries.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024 (ending August):
- Total Revenue: $2,879,720
- Total Expenses: $2,383,412
- Total Assets: $37,279,866
- Total Liabilities: $136,000
Tax Status: Tax-exempt since April 1966 (EIN: 36-6080766)
Rating: The Foundation holds a Four-Star rating with a 97% score based on Accountability & Finance metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $37,279,866 | $33,715,111 | $32,121,511 |
| Revenue | $2,879,720 | $1,984,618 | $3,474,556 |
| Expenses | $2,383,412 | $2,292,293 | $2,185,060 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,161,038 | $283,578 | $1,594,876 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
175 grants across all recorded years
Open Grants
1 open opportunity from Million Dollar Round Table Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Michele Stauff, CFRE – Executive Director (847-993-4908)
Caryn Henning – Fundraising Manager (847-993-4942)
Kymesha Edwards – Operations Associate (847-585-6062)
Abbie Malkin – Fund Development Associate (847-993-4455)
Barbara Jimenez Soriano – Grants Coordinator (847-993-4969)
The Foundation employs 6 staff members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MOHAMAD MANMOHAN ABDULLAH CHFC CLU | TRUSTEE | 0.5 | — |
| ADRIAN P BAKER DIPPFS | IMMEDIATE PAST PRESIDENT | 1 | — |
| JOHN R BENTON JR CHFC CLTC | TRUSTEE | 0.5 | — |
| DAVID C BLAKE | SECRETARY | 1 | — |
| TIMOTHY DANIEL CLAIRMONT CFP MSFS | TRUSTEE | 0.5 | — |
| ALESSANDRO M FORTE FCII CFP | VICE PRESIDENT | 1 | — |
| SIMON JOHN GIBSON DIPPFS | TRUSTEE | 0.5 | — |
| JULIANNE HERTEL CLU CHFC | TRUSTEE | 0.5 | — |
| HEATHER LINDSLEY LUTCF RICP | TREASURER | 1 | — |
| ANDREW C LORD CLU CHFC | PRESIDENT | 1 | — |
| MILIANA MARTEN AEPP | TRUSTEE | 0.5 | — |
| AURORA L TANCOCK FLMI CFP | TRUSTEE | 0.5 | — |
| ROSS VANDERWOLF CFP | TRUSTEE | 0.5 | — |
| CHENG HUANN YEOH CHFC CLU | TRUSTEE | 0.5 | — |
| JOHAN FANGGARA CFP | TRUSTEE | 0.5 | — |
| THIAN LUNG JONG | TRUSTEE | 0.5 | — |
| ADDIE MURDOCK | TRUSTEE | 0.5 | — |
| PARESH B SHAH CFP | TRUSTEE | 0.5 | — |
| PEGGY TSAI RFP CCFP | EXECUTIVE COMMITTEE LIASON | 0.25 | — |
| MICHELE STAUFF CFRE | EXECUTIVE DIRECTOR | 40 | — |
| KAREN MATTS | GLOBAL DEVELOPMENT MANAGER | 40 | — |
Recent News & Activity
Recent developments and announcements
Recent grant recipients have included:
Million Dollar Round Table Grant Recipients Named | RiskinfoNZChildren's Harbor ($5,000 Global Grant for 2025)
MDRT Foundation Awards Children\u2019s Harbor with a $5,000 Global Grant\Pat Tillman Foundation (grant to support Tillman Scholars)
Million Dollar Round Table Foundation Award Grant to Support Tillman ScholarsThe Foundation continues to actively award grants through its Global Grants Program, with grant announcements made throughout the year.
MDRT Foundation Awards Children\u2019s Harbor with a $5,000 Global Grant\Contact Information
Address: 325 West Touhy Avenue Park Ridge, IL 60068 USA
Phone: +1 847-692-6378
Email: foundation@mdrt.org
Website: www.mdrtfoundation.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Million Dollar Round Table 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