MKM Foundation is a private foundation based in Wilmington, Delaware. Established in 1998 in New Jersey, the foundation operates as a 501(c)(3) tax-exempt organization with a focus on philanthropic giving in education and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23.2M
+25.3% YoY
Annual Giving
$2.0M
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.0M
+0.0% YoY
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.
Mission & Focus Areas
The foundation's primary purpose is giving for elementary and secondary education. Additional funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts and cultural organizations
- Creative writing
- Historic buildings
- Journalism
- Nonprofit human services
- Reproductive health
Grantmaking
The foundation has distributed approximately 83 grants with total annual giving of $2,000,000.
Grant Range
$10,000
Average Grant
$24,100
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2023-2024):
- Total assets: $23,155,528
- Total annual giving: $2,000,000
- Total revenues: $503,063 (2023)
- Total expenses: $2,199,733 (2023)
- Investment income and dividends: $442,395 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,155,528 | $18,482,124 | $20,157,681 |
| Revenue | $16,014,682 | $503,063 | $690,764 |
| Expenses | $2,202,520 | $2,199,733 | $2,191,924 |
| Qualifying Distributions | $2,114,875 | $2,072,828 | $2,071,645 |
| Net Investment Income | $5,952,920 | $411,939 | $580,339 |
| Distributable Amount | $1,148,463 | $993,566 | $1,070,110 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
152 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Schedule ($2,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SCHEDULE CHICAGO, IL | GENERAL SUPPORT | $2,000,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Marie O'Donnell — Trustee
- Elizabeth Anne Vogelmann — Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH ANNE VOGELMANN | TRUSTEE | 2 | — |
| MARIE O'DONNELL | TRUSTEE | 2 | — |
Contact Information
- Address: C/O Foundation Source, Wilmington, DE 19809
- Telephone: (800) 839-1754
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Mkm Foundation fund?
The foundation's primary purpose is giving for elementary and secondary education. Additional funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Arts and cultural organizations • Creative writing • Historic buildings • Journalism • Nonprofit human services • Reproductive health
How do I apply for a grant from Mkm Foundation?
**Grant Amounts:** • Typical awards range from $3,000 to $160,000 • Median grant size: $10,000 • Average grant size: $24,100 **Grant Activity:** The foundation has distributed approximately 83 grants with total annual giving of $2,000,000.
What size grants does Mkm Foundation award?
In 2024, Mkm Foundation awarded 1 grants totaling $2.0M — an average of about $2.0M per grant, based on its IRS Form 990 filings.
How much is Mkm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mkm Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Mkm Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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