Mk Charity Foundation Inc

MONTVALE, NJ EIN: 81-4642317

Mk Charity Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTVALE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $271K in total assets. In 2024, it awarded 61 grants totaling $155K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$271K

-17.0% YoY

Annual Giving

$155K

+29.2% YoY

Grant Count

61

+15.1% YoY

Avg Grant Size

$3K

+12.3% YoY

Under IRS private-foundation payout rules, Mk Charity Foundation Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Mk Charity Foundation Inc

Based on IRS filings

Mk Charity Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTVALE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $271K in total assets. In 2024, it awarded 61 grants totaling $155K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AirmontBaltimoreBeaconBloomingburgBooklynBoynton BeachBrooklynDallasEllenvilleForest HillsKansas CityKingstonLake WorthLakewoodLuzerneMonroeMonseyMontebelloNew CityNew Square

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$83K$165K$248K$331K20202021202220232024
Metric202420232022
Total Assets$270,705$326,183$146,309
Revenue$100,000$300,700$150,000
Expenses$155,478$120,826$165,122
Qualifying Distributions$155,478$120,326$165,122
Net Investment Income
Distributable Amount$12,528$5,226$3,707

Giving Over Time

Total grant dollars and number of grants per year

$0$48K$95K$143K$190K31 grants202049 grants202154 grants202253 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UTA OF MONSEY$27KCONG SHAAREI CHESED$27KMESIVTA DIVREI MENACHEM$14KCONGREGATION BAIS SHULIM…$10KCHABAD OF THE MOUNTAINS$8KVARIOUS 501(C)(3) ORGANI…$7KAHAVAS CHAVERIM GEMILAS …$7KCENTRAL UTA$5KMECHON L'HOYROA$5KCONG YETEV LEV OF MONSEY$3K

Grant Size Distribution

230 grants across all recorded years

229<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Uta of Monsey ($27,455), Cong Shaarei Chesed ($26,935), Mesivta Divrei Menachem ($14,300).

RecipientPurposeAmount
AHAVAS CHAVERIM GEMILAS CHESED INC MONSEY, NYFOR PROGRAM ASSISTANCE$6,660
BAIS YAAKOV OF SCRANTON SCRANTON, PAFOR PROGRAM ASSISTANCE$100
BETH SHALOM ACADEMY SCRANTON, PAFOR PROGRAM ASSISTANCE$1,198
BIKE 4 CHAI LAKEWOOD, NJFOR PROGRAM ASSISTANCE$180
CHABAD OF THE MOUNTAINS POCONO LAKE, PAFOR PROGRAM ASSISTANCE$7,800
CHEDER MENACHEM INC WILKESBARRE, PAFOR PROGRAM ASSISTANCE$100
CONG ENKAS USIR MONSEY, NYFOR PROGRAM ASSISTANCE$1,000
CONG EZER YESHIVA MONSEY, NYFOR PROGRAM ASSISTANCE$360
CONG SHAAREI CHESED MONSEY, NYFOR PROGRAM ASSISTANCE$26,935
CONG YETEV LEV OF MONSEY MONSEY, NYFOR PROGRAM ASSISTANCE$2,854

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
YOEL KRAUSDIRECTOR1
MIRIAM KRAUSDIRECTOR1
YOEL MARKOWITZDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mk Charity Foundation Inc?

Mk Charity Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTVALE, NJ. It holds $271K in total assets as of 2024.

How large is Mk Charity Foundation Inc?

As of 2024, Mk Charity Foundation Inc holds $271K in total assets with $100K in annual revenue. It awarded 61 grants totaling $155K in 2024.

Where does Mk Charity Foundation Inc operate?

Mk Charity Foundation Inc has awarded grants in California, Florida, Maryland, Missouri, New Jersey, New Mexico, New York, Ohio, Pennsylvania, Texas.

What size grants does Mk Charity Foundation Inc award?

In 2024, Mk Charity Foundation Inc awarded 61 grants totaling $155K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Mk Charity Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mk Charity Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mk Charity Foundation Inc's EIN?

Mk Charity Foundation Inc's EIN (Employer Identification Number) is 81-4642317. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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