MP Preservation Inc
In conjunction with related organizations, MP Preservation inc's mission is to provide safe, affordable housing of high quality to those in need; to establish stability and opportunity in the lives of residents; and to foster diverse communities that allow people from all ethnic, social and economic backgrounds to live in dignity, harmony and mutual respect.
Key facts about MP Preservation Inc
In short: MP Preservation Inc gave $1.2M across 1 grant in 2024 (avg $1.2M), mostly in California. Source: 2024 IRS Form 990.
- EIN
- 94-3319924
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $1,152,000
- Grants made (2024)
- 1
- Average grant
- $1,152,000
- Median grant
- $1,152,000
- Total assets
- $19,695,700
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$19.7M
+9.5% YoY
Annual Giving
$1.2M
-11.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.2M
-11.9% YoY
How MP Preservation Inc gives
- Giving held roughly steady from 2021 to 2024 (−10%). Method
From the foundation's IRS Form 990 filings. Methodology.
About MP Preservation Inc
Based on IRS filings
MP Preservation Inc is a public charity focused on Housing & Shelter, based in Foster City, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.7M in total assets. In 2024, it awarded 1 grant totaling $1.2M. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $786K (2020) to $1.3M (2023). In 2024 it made 1 grant totaling $1.2M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Midpen Housing Corporation ($1.2M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Midpen Housing Corporation Foster City, CA | Grant to Support Affordable Housing Activities. | $1,152,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,695,700 | $17,989,666 | $16,455,413 |
| Revenue | $2,758,712 | $2,743,019 | $3,462,470 |
| Expenses | $1,161,843 | $1,310,345 | $1,010,104 |
| Net Investment Income | $3,401 | $5,357 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
MP Preservation Inc is led by Matthew O. Franklin, CEO, President & Assistant Secretary since 2022 (on filings since 2020); none of the 22 officers listed in 2024 report compensation.
Officers on the 2024 filing
Matthew O. Franklin
CEO, President & Assistant Secretary
President & Assistant Secretary → CEO, President & Assistant Secretary, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Eric Harrison
Chairperson
Director → Vice Chair, 2021
Vice Chair → Chairperson, 2022
On filings since 2020
0.2 hrs/week
No compensation reported
Elisa De Laet Jagerson
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Renee McDonnell
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Terry Freeman
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Fay Sien Goon
Director
On filings since 2021
0.2 hrs/week
No compensation reported
Jennifer Hicks
Director
On filings since 2021
0.2 hrs/week
No compensation reported
Chan U. Lee
Director
On filings since 2022
0.2 hrs/week
No compensation reported
Jonathan Fearn
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Melanie Mock
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Stephanie Sonnenshine
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Yusef Freeman
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Enrique Torres
Treasurer
Director → Treasurer, 2022
On filings since 2020
0.2 hrs/week
No compensation reported
Janine Lind
COO & Assistant Secretary
Chief Operating Officer & Assistant Secretary → COO & Assistant Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Jessica Garcia-Kohl
Vice Chairperson
Director → Vice Chairperson, 2022
On filings since 2020
0.2 hrs/week
No compensation reported
Michael J. Vergura
CFO & Assistant Secretary
Chief Financial Officer & Assistant Secretary → CFO & Assistant Secretary, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Jennifer Martinez
Secretary
Director → Secretary, 2024
On filings since 2021
0.2 hrs/week
No compensation reported
Lance Smith
Vice President, Corporate Counsel, Broker & Assistant
Vice President, Corporate Counsel, Broker & Assistant Secretary → Vice President, Corporate Counsel, Broker & Assistant, 2024
On filings since 2021
No compensation reported
Kasey Archey
Assistant Secretary
On filings since 2023
No compensation reported
Abigail Goldware Potluri
Assistant Secretary
New on the 2024 filing
No compensation reported
Ann Goggins Gregory
COO & Assistant Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Joanna L. Carman
Assistant Secretary
New on the 2024 filing
No compensation reported
Former officers (12)
- Former: Beth Bartlett (2020–2023) — Director
- Former: Gina Diaz (2020–2023) — Secretary
- Former: Rob Hollister (2022–2023) — Director
- Former: Shwetha Subramanian (2023) — Credo & Assistant Secretary
- Former: Jan Lindenthal (2020–2022) — Credo & Assistant Secretary
- Former: Mark Battey (2020–2022) — Director
- Former: Daniel K. Seubert (2020–2021) — Treasurer
- Former: Kim Le (2020–2021) — Chair
- Former: Marvin Williams (2020–2021) — Senior Vice President of Property Management & Assistant Secretary
- Former: Monique Moyer (2020–2021) — Director
- Former: Julia M. Baigent (2020) — Secretary
- Former: Kevin Bates (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "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 MP Preservation Inc
How much does MP Preservation Inc give each year?
MP Preservation Inc gave $1.2M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.3M across 1 grant.
How large is MP Preservation Inc?
MP Preservation Inc reported $19.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.8M.
What is MP Preservation Inc?
MP Preservation Inc is a public charity focused on Housing & Shelter, based in Foster City, CA. It holds $19.7M in total assets as of 2024.
Where does MP Preservation Inc operate?
MP Preservation Inc has awarded grants in California.
What is MP Preservation Inc's EIN?
MP Preservation Inc's EIN (Employer Identification Number) is 94-3319924. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching MP Preservation Inc by hand.
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