Mlrc Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in LITCHFIELD, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $320K. Net investment income was $115K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-14.1% YoY
Annual Giving
$320K
+540.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$320K
+540.0% YoY
About Mlrc Foundation
Based on IRS filings
Mlrc Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in LITCHFIELD, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $320K. Net investment income was $115K.
Focus Areas
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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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,241,724 | $1,445,179 | $1,407,204 |
| Revenue | $162,447 | $122,041 | $139,597 |
| Expenses | $366,951 | $84,066 | $482,946 |
| Qualifying Distributions | $345,139 | $60,356 | $460,000 |
| Net Investment Income | $114,723 | $100,361 | $139,597 |
| Distributable Amount | $76,351 | $73,149 | $78,954 |
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
5 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 |
|---|---|---|---|
| MICHAEL HAPP | CFO | 1 | $25,000 |
| BILL GULLICKSEN | PRESIDENT | 1 | — |
| DAN TVEITE | BOARD MEMBER | 1 | — |
| JOHN KOSTOUROS | BOARD MEMBER | 1 | — |
| SCOTT SCHWAB | BOARD MEMBER | 1 | — |
| JOHN DONAHUE | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
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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