Mmd Foundation Inc is a private foundation focused on Health, based in WEST ORANGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 5 grants totaling $45K. Net investment income was $47K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$866K
-1.4% YoY
Annual Giving
$45K
+1.1% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$9K
+1.1% YoY
Under IRS private-foundation payout rules, Mmd Foundation Inc reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About Mmd Foundation Inc
Based on IRS filings
Mmd Foundation Inc is a private foundation focused on Health, based in WEST ORANGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 5 grants totaling $45K. Net investment income was $47K.
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 | $865,763 | $878,374 | $2,505,763 |
| Revenue | $56,746 | $146,162 | $258,931 |
| Expenses | $56,166 | $56,335 | $196,496 |
| Qualifying Distributions | $46,081 | $44,948 | $168,000 |
| Net Investment Income | $47,300 | $124,328 | $80,061 |
| Distributable Amount | $47,932 | $45,263 | $141,727 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of South Carolina ($19,000), Ithaca College ($10,000), Virginia Tech ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ITHACA COLLEGE ITHACA, NY | UNRESTRICTED SUPPORT OF ORGANIZATIONS CHARITABLE PURPOSE | $10,000 |
| SETON HALL PREP WEST ORANGE, NJ | UNRESTRICTED SUPPORT OF ORGANIZATIONS CHARITABLE PURPOSE | $1,000 |
| UNIVERSITY OF SOUTH CAROLINA COLUMBIA, SC | UNRESTRICTED SUPPORT OF ORGANIZATIONS CHARITABLE PURPOSE | $19,000 |
| JOHNS HOPKINS UNIVERSITY BALTIMORE, MD | UNRESTRICTED SUPPORT OF ORGANIZATIONS CHARITABLE PURPOSE | $5,000 |
| VIRGINIA TECH BLACKSBURG, VA | UNRESTRICTED SUPPORT OF ORGANIZATIONS CHARITABLE PURPOSE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIM ISLAMI | PRESIDENT | 1 | — |
| ANTHONY PANTAMO | TREASURER | 1 | — |
| PAULO GUERREIRO | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mmd Foundation Inc?
Mmd Foundation Inc is a private foundation focused on Health, based in WEST ORANGE, NJ. It holds $866K in total assets as of 2024.
How large is Mmd Foundation Inc?
As of 2024, Mmd Foundation Inc holds $866K in total assets with $57K in annual revenue. It awarded 5 grants totaling $45K in 2024.
Where does Mmd Foundation Inc operate?
Mmd Foundation Inc has awarded grants in California, Florida, Indiana, Massachusetts, Maryland, North Carolina, New Jersey, New York, Pennsylvania, South Carolina, Tennessee, Virginia.
What size grants does Mmd Foundation Inc award?
In 2024, Mmd Foundation Inc awarded 5 grants totaling $45K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Mmd Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mmd Foundation Inc reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mmd Foundation Inc's EIN?
Mmd Foundation Inc's EIN (Employer Identification Number) is 22-2111419. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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