MKM Foundation
MKM Foundation is a private foundation, based in Medina, WA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 3 grants totaling $30K. Net investment income was $43K.
MKM Foundation at a glance
In short: MKM Foundation gave $30K across 3 grants in 2024 (avg $10K), mostly in Washington. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $30,000
- +20.0% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $10,000
- +20.0% vs 2023
- Median grant
- $10,000
- Total assets
- $1,715,195
- +38.7% vs 2023
- Primary geography
- Washington (67% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who MKM Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Uw Project ($10K). Together the top 3 received $30K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How MKM Foundation gives
- In 2024 it paid out 107% 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
From 2022 to 2024, annual grant giving ranged from $10K (2022) to $30K (2024). In 2024 it made 3 grants totaling $30K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Uw Project Seattle, WA | Charity | $10,000 |
| GIVE2ASIA Clyde Hill, WA | Charity | $10,000 |
| Horizon Center Eden Prairie, MN | Charity | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,715,195 | $548,131 | $69,929 | $30,000 | 3 | $69,926 | $43,259 | $65,145 |
| 2023 | $1,236,991 | $202,060 | $59,164 | $25,000 | 3 | $59,164 | $2,060 | $54,073 |
| 2022 | $1,094,095 | $610,008 | $26,213 | $10,000 | 2 | $26,213 | $8 | $32,608 |
| 2021 | $510,300 | $510,300 | — | — | — | — | — | $2,094 |
Under IRS private-foundation payout rules, MKM Foundation reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
MKM Foundation is led by Lei Jiang, President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lei Jiang
President
On filings since 2021
4 hrs/week
No compensation reported
Kaiwen Jiang
CIO
On filings since 2021
2 hrs/week
No compensation reported
Minhua Shao
Secretary
On filings since 2021
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 $30K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $25K across 3 grants.
What is MKM Foundation's typical grant size?
MKM Foundation's median grant in 2024 was $10,000, and its average grant was $10,000, across 3 grants on its 2024 IRS Form 990-PF.
Where does MKM Foundation give grants?
MKM Foundation gives mostly in Washington: 67% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Minnesota (33%).
Does MKM Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on MKM Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (3 grants).
How large is MKM Foundation?
MKM Foundation reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $70K in qualifying distributions that year, against a required minimum of $65K (roughly 5% of its investment assets).
What is MKM Foundation's EIN?
MKM Foundation's EIN (Employer Identification Number) is 87-3636973. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in MKM Foundation's focus areas in our free grants database
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