Mjw Financial Foundation Inc

INDIANAPOLIS, IN EIN: 86-1200421

Mjw Financial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 12 grants totaling $37K. Net investment income was $16.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$95K

-15.2% YoY

Annual Giving

$37K

+274.5% YoY

Grant Count

+1100.0% YoY

Avg Grant Size

$3K

-68.8% YoY

Under IRS private-foundation payout rules, Mjw Financial Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Mjw Financial Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $71K (100%)

States

Indiana

Cities

AvonCarmelGreenfieldIndianapolisKokomoNew Palestine

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$95,064	$112,080	$104,421
Revenue	$42,213	$60,117	$32,603
Expenses	$59,229	$52,458	$33,173
Qualifying Distributions	$37,450	$10,000	$8,664
Net Investment Income	$16	$16	$18
Distributable Amount	$5,347	$5,637	$5,535

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

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Shepherd Community Center ($20,000), Servants at Work Inc ($3,500), Riely Childres Foundation ($3,000).

Recipient	Purpose	Amount
SHEPHERD COMMUNITY CENTER INDIANAPOLIS, IN	MONETARY CONTRIBUTION TO THE COMMUNITY CENTER.	$20,000
RIELY CHILDRES FOUNDATION INDIANAPOLIS, IN	MONETARY CONTRIBUTION TO FOUNDATION.	$3,000
REALTORS ASSOCIATION OF CENTRAL INDIANA INC KOKOMO, IN	MONETARY CONTRIBUTION TO ASSOCIATION.	$1,000
ESA - CHI OMICRON AVON, IN	MONETARY CONTRIBUTION TO ORGANIZATION.	$250
LEUKEMIA & LYMPHOMA SOCIETY - MEGAN ROBERTS VOY NORTHEAST CARMEL, IN	MONETARY CONTRIBUTION TO ORGANIZATION.	$1,500
AMERICAN CANCER SOCIETY INDIANAPOLIS, IN	MONETARY CONTRIBUTION TO ORGANIZATION.	$1,000
YOUTH OPPORTUNITY FOUNDATION CARMEL, IN	MONETARY CONTRIBUTION TO ORGANIZATION.	$1,200
ST MATTHEW'S CATHOLIC CHURCH - OCTOBERFEST DONATION INDIANAPOLIS, IN	MONETARY CONTRIBUTION TO ORGANIZATION.	$1,000
LUCKY DOG RESCUE INDIANAPOLIS, IN	MONETARY CONTRIBUTION TO ORGANIZATION.	$2,000
BRYNNLEY'S BATTLE NEW PALESTINE, IN	MONETARY CONTRIBUTION TO ORGANIZATION.	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL J WAMPLER	PRESIDENT	1	—
JOHN TS MURPHY	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mjw Financial Foundation Inc?

Mjw Financial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $95K in total assets as of 2024.

How large is Mjw Financial Foundation Inc?

As of 2024, Mjw Financial Foundation Inc holds $95K in total assets with $42K in annual revenue. It awarded 12 grants totaling $37K in 2024.

Where does Mjw Financial Foundation Inc operate?

Mjw Financial Foundation Inc has awarded grants in Indiana.

What size grants does Mjw Financial Foundation Inc award?

In 2024, Mjw Financial Foundation Inc awarded 12 grants totaling $37K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Mjw Financial Foundation Inc required to give away each year?

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