MK Charity Foundation Inc
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.
Key facts about MK Charity Foundation Inc
- EIN
- 81-4642317
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $155,478
- Grants made (2024)
- 61
- Average grant
- $2,549
- Median grant
- $500
- New grantees (estimate)
- 56% first-time grantees (34 of 61, 2024)
- Total assets
- $270,705
- Primary geography
- New York (93% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who MK Charity Foundation Inc funds
By grant dollars, the top recipient states for MK Charity Foundation Inc's 61 itemized 2024 grants were New York (93%) and Pennsylvania (6%). The most frequent recipient cities were Brooklyn, NY (22 grants), Monsey, NY (14 grants), Spring Valley, NY (7 grants) and Monroe, NY (4 grants). None of its 61 grants with a stated purpose were described as general or operating support. Recurring purposes include "For Program Assistance" (61 grants).
Is MK Charity Foundation Inc open to new grantees?
56%
first-time grantees, 2024
In 2024, 34 of 61 grantees (56%) were first-time recipients. First grants averaged $1K; repeat grants $4K. How we count
Medians: $500 first-time, $1K repeat.
- 38% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−18%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with MK Charity Foundation Inc
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 61 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
248 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Uta of Monsey ($27,455), Cong Shaarei Chesed ($26,935), Mesivta Divrei Menachem ($14,300).
| Recipient | Purpose | Amount |
|---|---|---|
| UTA OF MONSEY Spring Valley, NY | FOR PROGRAM ASSISTANCE | $27,455 |
| CONG SHAAREI CHESED Monsey, NY | FOR PROGRAM ASSISTANCE | $26,935 |
| MESIVTA DIVREI MENACHEM Monsey, NY | FOR PROGRAM ASSISTANCE | $14,300 |
| CONGREGATION BAIS SHULIM ELIAZER Brooklyn, NY | FOR PROGRAM ASSISTANCE | $10,000 |
| CHABAD OF THE MOUNTAINS Pocono Lake, PA | FOR PROGRAM ASSISTANCE | $7,800 |
| VARIOUS 501(C)(3) ORGANIZATIONS Various, NY | FOR PROGRAM ASSISTANCE | $7,280 |
| YESHIVA KOLS ARYE Monroe, NY | FOR PROGRAM ASSISTANCE | $7,000 |
| AHAVAS CHAVERIM GEMILAS CHESED INC Monsey, NY | FOR PROGRAM ASSISTANCE | $6,660 |
| CENTRAL UTA Airmont, NY | FOR PROGRAM ASSISTANCE | $5,000 |
| MECHON L'HOYROA Monsey, NY | FOR PROGRAM ASSISTANCE | $4,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Yoel Kraus | Director | 1 | — |
| Miriam Kraus | Director | 1 | — |
| Yoel Markowitz | Director | 1 | — |
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 September 2026. Sourced from IRS Form 990-PF filings.