MMK Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $2.9M. Net investment income was $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$2.9M
+1017.8% YoY
Grant Count
3
-50.0% YoY
Avg Grant Size
$972K
+2135.6% YoY
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.
About MMK Foundation
Based on IRS filings
MMK Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $2.9M. Net investment income was $45K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $2,205,171 | $2,420,719 |
| Revenue | $45,493 | $61,410 | $20,182 |
| Expenses | $2,940,105 | $276,958 | $332,226 |
| Qualifying Distributions | $2,939,293 | $276,258 | $331,126 |
| Net Investment Income | $45,318 | $61,410 | $45,251 |
| Distributable Amount | $102,360 | $125,137 | $135,335 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Philanthropic Trust ($2,829,477), Southwestern Medical Foundation ($75,000), Saint Michael and All Angels Church ($13,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NATIONAL PHILANTHROPIC TRUST JENKINTOWN, PA | General & Unrestricted (see in-kind grant general explanation) | $2,829,477 |
| SAINT MICHAEL AND ALL ANGELS CHURCH DALLAS, TX | General & Unrestricted | $13,000 |
| SOUTHWESTERN MEDICAL FOUNDATION DALLAS, TX | to support UT Southwestern Medical Digestive Disease Clinic research, under the direction of Dr. Howard Weiner | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marcia King | Dir, Treas | 1 | — |
| Mark A King | Chairman, Dir, Pres | 2 | — |
| Michelle Elise King | Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is MMK Foundation?
MMK Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds — in total assets as of 2024.
Where does MMK Foundation operate?
MMK Foundation has awarded grants in Connecticut, Minnesota, Pennsylvania, Texas, Utah.
What size grants does MMK Foundation award?
In 2024, MMK Foundation awarded 3 grants totaling $2.9M — an average of about $972K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in MMK Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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