MMK Foundation
MMK Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2024. In 2024, it awarded 3 grants totaling $2.9M. Net investment income was $45K.
MMK Foundation at a glance
In short: MMK Foundation gave $2.9M across 3 grants in 2024 (avg $972K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,917,477
- +1017.8% vs 2023
- Grants made (2024)
- 3
- -50.0% vs 2023
- Average grant
- $972,492
- +2135.6% vs 2023
- Median grant
- $75,000
- Primary geography
- Pennsylvania (97% 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 MMK Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was National Philanthropic Trust ($2.8M). Together the top 3 received $2.9M.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 15 grants of 25 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How MMK Foundation gives
- Giving grew 1257% from 2021 to 2024. Method
- In 2024 it paid out well above 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 2019 to 2024, annual grant giving ranged from $215K (2021) to $2.9M (2024). In 2024 it made 3 grants totaling $2.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Philanthropic Trust Jenkintown, PA | General & Unrestricted (see in-kind grant general explanation) | $2,829,477 |
| Southwestern Medical Foundation Dallas, TX | to support UT Southwestern Medical Digestive Disease Clinic research, under the direction of Dr. Howard Weiner | $75,000 |
| Saint Michael and All Angels Church Dallas, TX | General & Unrestricted | $13,000 |
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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 | — | $45,493 | $2,940,105 | $2,917,477 | 3 | $2,939,293 | $45,318 | $102,360 |
| 2023 | $2,205,171 | $61,410 | $276,958 | $261,000 | 6 | $276,258 | $61,410 | $125,137 |
| 2022 | $2,420,719 | $20,182 | $332,226 | $314,500 | 5 | $331,126 | $45,251 | $135,335 |
| 2021 | $2,732,763 | $170,795 | $233,309 | $215,000 | 5 | $232,659 | $169,387 | $155,345 |
| 2020 | $2,795,277 | $60,730 | $253,332 | $229,500 | 6 | — | $60,570 | $142,553 |
| 2019 | $2,987,879 | $353,210 | $266,781 | $236,500 | 7 | — | $345,085 | $142,218 |
Under IRS private-foundation payout rules, MMK Foundation reported a distributable amount of $102K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
MMK Foundation is led by Mark A King, Chairman, Director & President since 2023 (on filings since 2019); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark A King
Chairman, Director & President
Director, President & Chairman → Chairman of the Board, Director & President, 2021
Chairman of the Board, Director & President → Chairman, Director & President, 2023
On filings since 2019
2 hrs/week
No compensation reported
Marcia King
Director & Treasurer
Treasurer → Director & Treasurer, 2020
On filings since 2019
1 hr/week
No compensation reported
Michelle Elise King
Director & Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (1)
- Former: Warren Edwards (2019–2023) — Director & Secretary
Data from IRS Form 990 filings, 2019–2024. "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 MMK Foundation
How much does MMK Foundation give each year?
MMK Foundation gave $2.9M across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $261K across 6 grants.
What is MMK Foundation's typical grant size?
MMK Foundation's median grant in 2024 was $75,000, and its average grant was $972,492, across 3 grants on its 2024 IRS Form 990-PF.
Where does MMK Foundation give grants?
MMK Foundation gives mostly in Pennsylvania: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Dallas, TX (2 grants).
Does MMK Foundation give general operating support?
Yes: 67% of MMK Foundation's 2024 grants with a stated purpose (2 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How much is MMK Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, MMK Foundation reported a distributable amount of $102K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is MMK Foundation's EIN?
MMK Foundation's EIN (Employer Identification Number) is 26-0372739. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS March 12, 2020)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in MMK Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). MMK Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/mmk-foundation-morg_97f1ca65235c4e56bb04cd507f54d521
BibTeX
@misc{grantable_260372739_2026,
author = {{Grantable}},
title = {{MMK Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mmk-foundation-morg_97f1ca65235c4e56bb04cd507f54d521},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from MMK 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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