MMK Foundation
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.
Key facts about MMK Foundation
- EIN
- 26-0372739
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,917,477
- Grants made (2024)
- 3
- Average grant
- $972,492
- Median grant
- $75,000
- Primary geography
- Pennsylvania (97% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who MMK Foundation funds
By grant dollars, the top recipient states for MMK Foundation's 3 itemized 2024 grants were Pennsylvania (97%). The most frequent recipient cities were Dallas, TX (2 grants). 67% of grants with a stated purpose were for general or operating support.
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.
Next steps with MMK Foundation
- How to evaluate MMK Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to MMK Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
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
Ready to take the next step with MMK Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients 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 |
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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
Similar Funders
Funders that support many of the same organizations
Communities Foundation of Texas Inc
DALLAS, TX
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
Texas Instruments Foundation
DALLAS, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
The Dallas Foundation
DALLAS, TX
Assets
$491.5M
Grants
788
Total Given
$87.3M
American Electric Power Foundation
WILMINGTON, DE
Assets
$65.2M
Grants
752
Total Given
$22.6M
Puget Sound Energy Foundation
WILMINGTON, DE
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
WILMINGTON, DE
Assets
—
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
WILMINGTON, DE
Assets
—
Grants
330
Total Given
$192K
McNabb Foundation
WILMINGTON, DE
Assets
$4.8M
Grants
328
Total Given
$358K
Raskob Foundation for Catholic
WILMINGTON, DE
Assets
$208.0M
Grants
325
Total Given
$6.2M
Delaware Community Foundation Inc
WILMINGTON, DE
Assets
$346.1M
Grants
323
Total Given
$41.9M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
More Funders in Delaware
Data last updated April 2026. Sourced from IRS Form 990-PF filings.