Mitsubishi Motors USA Foundation

FRANKLIN, TN EIN: 33-0773994

Mitsubishi Motors USA Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $102K in total assets. In 2024, it awarded 6 grants totaling $73K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$102K

-41.8% YoY

Annual Giving

$73K

+72.6% YoY

Grant Count

+20.0% YoY

Avg Grant Size

$12K

+43.8% YoY

Under IRS private-foundation payout rules, Mitsubishi Motors USA Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Mitsubishi Motors USA Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $213K (74%)

District of Columbia $55K (19%)

Tennessee $15K (5%)

North Carolina $5K (2%)

States

District of Columbia Illinois North Carolina Tennessee

Cities

BloomingtonCaryChicagoMemphisNormalPeoriaShermanUrbanaWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$102,004	$175,201	$216,092
Revenue	—	$1,679	$419
Expenses	$73,197	$42,570	$72,946
Qualifying Distributions	$73,174	$42,564	$72,944
Net Investment Income	—	$1,679	$419
Distributable Amount	$6,492	$9,639	$12,078

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

33 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Carle Development Foundation ($25,000), Boys and Girls Club ($25,000), Community Development Corporation ($10,000).

Recipient	Purpose	Amount
Illinois Chapter of COPS Sherman, IL	Payment to an organization that provides resources to assist in the rebuilding of the lives of surviving families of law enforcement officers killed in the line-of-duty as determined by Federal criteria. Illinois C.O.P.S. provides emotional and financial support as well as legal assistance to survivors of fallen officers.	$2,500
Big BrothersBig Sisters Bloomington, IL	Payment to fund an organization which dedicates their time serving low-income and underprivileged youths from single-parent families to mentor and develop attributes in finding success in life.	$5,000
Marcfirst Normal, IL	Payment to an organization that provides therapeutic services and support from birth to end of life and everything in between for people with developmental disabilities.	$5,000
Carle Development Foundation Urbana, IL	Payment to raise funds to provide high quality health care, advance medical research and education in Central Illinois.	$25,000
Boys and Girls Club Bloomington, IL	Payment to help fund a mission to empower all young people to reach their full potential as productive, caring, responsible citizens. We enhance the Club's success through exemplary programming and community partnerships committed to providing high quality core programs in Education & STEM, Arts & Culture, Health & Wellness, Leadership & Service, Career Exploration & Development and Sports & Recreation.	$25,000
Community Development Corporation Normal, IL	Payment aids the economic development council of Bloomington-Normal area in providing additional funding to promote economic development and prosperity in the region through local grants and loans; the CDC also promotes STEM Education in the community.	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Mark Chaffin	Chairman	—	—
Mark Chaffin	Director	—	—
Ryan Gremore	Chairman	—	—
Ryan Gremore	Director	—	—
Katherine Knight	Secretary	—	—
Jennifer Roberts	Treasurer	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mitsubishi Motors USA Foundation?

Mitsubishi Motors USA Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN, TN. It holds $102K in total assets as of 2024.

How large is Mitsubishi Motors USA Foundation?

As of 2024, Mitsubishi Motors USA Foundation holds $102K in total assets. It awarded 6 grants totaling $73K in 2024.

Where does Mitsubishi Motors USA Foundation operate?

Mitsubishi Motors USA Foundation has awarded grants in District of Columbia, Illinois, North Carolina, Tennessee.

What size grants does Mitsubishi Motors USA Foundation award?

In 2024, Mitsubishi Motors USA Foundation awarded 6 grants totaling $73K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Mitsubishi Motors USA Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mitsubishi Motors USA Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mitsubishi Motors USA Foundation's EIN?

Mitsubishi Motors USA Foundation's EIN (Employer Identification Number) is 33-0773994. IRS Form 990 filing data is available on this page for 2020–2024.