Mr October Foundation for Kids

CARMEL, CA EIN: 77-0452428

Mr October Foundation for Kids is a private foundation focused on Education, based in CARMEL, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 6 grants totaling $197K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+62.4% YoY

Annual Giving

$197K

+24.0% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$33K

+3.3% YoY

Under IRS private-foundation payout rules, Mr October Foundation for Kids reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.

About Mr October Foundation for Kids

Based on IRS filings

Mr October Foundation for Kids is a private foundation focused on Education, based in CARMEL, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 6 grants totaling $197K. Net investment income was $27K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

BeardstrownBronxCoronaDearbornDetroitFort PierceLa JollaLong BeachLos AngelesLucasPark CityPhoenixRichmondSanta MonicaSeasideSherman OaksShreveportStuartThonotosassaYpsilanti

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$379K$758K$1M$2M20202021202220232024
Metric202420232022
Total Assets$2,036,838$1,254,144$1,083,802
Revenue$1,377,384$827,741$672,811
Expenses$630,313$654,965$576,877
Qualifying Distributions$389,250$395,792$575,094
Net Investment Income$26,994$25,148$5,133
Distributable Amount$76,876$47,848$48,127

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$139K$208K$277K5 grants202011 grants20219 grants20225 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

STEM 101$179KBETHEL B MISSIONARY BAPT…$10KAthletes & Causes Founda…$5KSt Lucie County Sheriffs…$2KMARTIN COUNTY SHERIFF$1KCHILDFUND INTERNATIONAL$762

Grant Size Distribution

36 grants across all recorded years

31<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Stem 101 ($178,648), Bethel B Missionary Baptist Church ($10,000), Athletes & Causes Foundation ($5,000).

RecipientPurposeAmount
BETHEL B MISSIONARY BAPTIST CHURCH LOS ANGELES, CASUPPORT$10,000
CHILDFUND INTERNATIONAL RICHMOND, VASUPPORT$762
STEM 101 PARK CITY, UTSUPPORT$178,648
St Lucie County Sheriffs Office Fort Pierce, FLSUPPORT$1,670
Athletes & Causes Foundation Thonotosassa, FLsupport$5,000
MARTIN COUNTY SHERIFF Stuart, FLSupport$1,040

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
REGGIE JACKSONPRESIDENT
KIM CARSTENDIRECTOR
JOE JACKSONDIRECTOR
ROB VALITONTREASURER
PAT GEORGESECRETARY
GREG PETERSDIRECTOR
PAUL MCNABDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mr October Foundation for Kids?

Mr October Foundation for Kids is a private foundation focused on Education, based in CARMEL, CA. It holds $2.0M in total assets as of 2024.

How large is Mr October Foundation for Kids?

As of 2024, Mr October Foundation for Kids holds $2.0M in total assets with $1.4M in annual revenue. It awarded 6 grants totaling $197K in 2024.

Where does Mr October Foundation for Kids operate?

Mr October Foundation for Kids has awarded grants in Arizona, California, Florida, Illinois, Louisiana, Michigan, New York, Texas, Utah, Virginia.

What size grants does Mr October Foundation for Kids award?

In 2024, Mr October Foundation for Kids awarded 6 grants totaling $197K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is Mr October Foundation for Kids required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mr October Foundation for Kids reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mr October Foundation for Kids's EIN?

Mr October Foundation for Kids's EIN (Employer Identification Number) is 77-0452428. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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