MKM Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 23-7966478

MKM Foundation is a private foundation based in Wilmington, Delaware. In 2024, it reported one grant of $2 million for general support to a recipient listed as “SEE ATTACHED SCHEDULE” in Chicago, Illinois.

MKM Foundation at a glance

In short: MKM Foundation gave $2.0M across 1 grant in 2024 (avg $2.0M), mostly in Illinois. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$2,000,000
+0.0% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$2,000,000
+0.0% vs 2023
Median grant
$2,000,000
Total assets
$23,155,528
+25.3% vs 2023
Primary geography
Illinois (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to MKM Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: C/O Foundation Source, Wilmington, DE 19809-1377
Phone: (800) 839-1754

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who MKM Foundation funds

How this funder distributes its grants

Grant Size Distribution

277 grants across all recorded years

237<$50K36$50–100K2$100–250K$250–500K$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 237 grants of 277 (86%).

Geographic Focus

Where this funder awards grants

The foundation’s 2024 filing reports that 100% of its grant dollars went to Illinois. This describes the reported grant distribution for that year.

Grant Distribution by State

16states

Share of the 2024 grant dollars on its one itemized grant.

Cities

PhiladelphiaWashingtonNew YorkWynnewoodCamdenCollingswoodPortlandPrincetonSanta BarbaraChicagoElonHavertownAlexandriaBala CynwydBrooklynHaddonfieldHartsdaleJacksonLafayette HillMedia

How MKM Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method
  • In 2024 it paid out 184% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M101 grants2020 91 grants2021 83 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $2.0M (2020) to $2.0M (2024). In 2024 it made 1 grant totaling $2.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Schedule Chicago, ILGeneral Support$2,000,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$23,155,528$16,014,682$2,202,520$2,000,0001$2,114,875$5,952,920$1,148,463
2023$18,482,124$503,063$2,199,733$2,000,0001$2,072,828$411,939$993,566
2022$20,157,681$690,764$2,191,924$2,000,00083$2,071,645$580,339$1,070,110
2021$21,658,841$3,029,423$2,241,774$2,000,00091$2,090,454$2,897,445$1,251,386
2020$20,871,192$3,841,416$2,177,459$2,000,000101—$3,722,673$1,099,561

Under IRS private-foundation payout rules, MKM Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Grantmaking

In 2024, the foundation reported one grant totaling $2 million; that was also the grant’s minimum, maximum, and median amount. The recipient was listed as “SEE ATTACHED SCHEDULE” (Chicago, Illinois), and the stated purpose was general support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Elizabeth Anne Vogelmann and Marie O’Donnell as trustees.

MKM Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Elizabeth Anne Vogelmann

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Marie O'Donnell

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about MKM Foundation

How much does MKM Foundation give each year?

MKM Foundation gave $2.0M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.0M across 1 grant.

How large is MKM Foundation?

MKM Foundation reported $23.2M in total assets on its 2024 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).

How do I apply for a grant from MKM Foundation?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does MKM Foundation make grants?

The foundation’s 2024 filing reports that 100% of its grant dollars went to Illinois. This describes the reported grant distribution for that year.

What is MKM Foundation's EIN?

MKM Foundation's EIN (Employer Identification Number) is 23-7966478. IRS Form 990 filing data is available on this page for 2020–2024.

Does MKM Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from MKM Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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