Mnm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALPOLE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $75K. Net investment income was $98K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+1.4% YoY
Annual Giving
$75K
-2.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$75K
-2.6% YoY
Under IRS private-foundation payout rules, Mnm Foundation reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About Mnm Foundation
Based on IRS filings
Mnm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALPOLE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $75K. Net investment income was $98K.
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 | $1,460,750 | $1,439,935 | $1,435,164 |
| Revenue | $103,981 | $87,506 | $-37,203 |
| Expenses | $83,166 | $82,735 | $80,681 |
| Qualifying Distributions | $75,035 | $77,160 | $72,700 |
| Net Investment Income | $98,400 | $82,026 | $13,015 |
| Distributable Amount | $80,539 | $75,052 | $77,176 |
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
Among its reported 2024 grants, the largest include Desai Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DESAI FOUNDATION BEDFORD, MA | GENERAL SUPPORT | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAMIR DESAI | Trustee | 1 | — |
| NILIMA DESAI | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mnm Foundation?
Mnm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALPOLE, MA. It holds $1.5M in total assets as of 2024.
How large is Mnm Foundation?
As of 2024, Mnm Foundation holds $1.5M in total assets with $104K in annual revenue. It awarded 1 grants totaling $75K in 2024.
Where does Mnm Foundation operate?
Mnm Foundation has awarded grants in Massachusetts.
What size grants does Mnm Foundation award?
In 2024, Mnm Foundation awarded 1 grants totaling $75K — an average of about $75K per grant, based on its IRS Form 990 filings.
How much is Mnm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mnm Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mnm Foundation's EIN?
Mnm Foundation's EIN (Employer Identification Number) is 81-4178256. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mnm 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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