Mk2 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $89K. Net investment income was $51K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
-3.7% YoY
Annual Giving
$89K
+36.5% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$15K
-31.7% YoY
About Mk2 Foundation
Based on IRS filings
Mk2 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $89K. Net investment income was $51K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,034,219 | $1,073,504 | $1,047,951 |
| Revenue | $58,306 | $97,953 | $26,960 |
| Expenses | $97,591 | $72,400 | $73,777 |
| Qualifying Distributions | $88,726 | $65,000 | $65,000 |
| Net Investment Income | $50,720 | $90,553 | $22,388 |
| Distributable Amount | $68,866 | $61,930 | $63,264 |
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
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MAX P WATSON JR | MANAGER | — | — |
| KAY GREENE WATSON | MANAGER | — | — |
| MATTHEW C BLACKMON | MANAGER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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