MRC Full Circle Foundation
MRC Full Circle Foundation is a private foundation focused on Philanthropy, based in New York, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.4M in total assets. In 2025, it awarded 1 grant totaling $727K. Net investment income was $513K.
Key facts about MRC Full Circle Foundation
In short: MRC Full Circle Foundation gave $727K across 1 grant in 2025 (avg $727K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- EIN
- 86-2444181
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $726,565
- Grants made (2025)
- 1
- Average grant
- $726,565
- Median grant
- $726,565
- Total assets
- $7,407,384
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.4M
-3.0% YoY
Annual Giving
$727K
-6.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$727K
-6.6% YoY
Under IRS private-foundation payout rules, MRC Full Circle Foundation reported a distributable amount of $630K for 2025 — the minimum it must pay out in qualifying distributions.
How MRC Full Circle Foundation gives
- Giving grew 85% from 2022 to 2025. Method
- In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $385K (2021) to $778K (2024). In 2025 it made 1 grant totaling $727K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Schedule Attached ($727K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 5 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Schedule Attached Various, VA | Charitable Donation | $726,565 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,407,384 | $7,635,974 | $7,529,344 |
| Revenue | $616,983 | $1,017,906 | $1,450,308 |
| Expenses | $845,573 | $916,155 | $519,884 |
| Qualifying Distributions | $726,565 | $778,084 | $435,000 |
| Net Investment Income | $513,279 | $916,753 | $1,365,728 |
| Distributable Amount | $630,207 | $626,419 | $498,153 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 18, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
MRC Full Circle Foundation is led by Michael R Crane, President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael R Crane
President
On filings since 2021
0 hrs/week
No compensation reported
Philip S Lawrence
Secretary
On filings since 2021
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 MRC Full Circle Foundation
How much does MRC Full Circle Foundation give each year?
MRC Full Circle Foundation gave $727K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $778K across 1 grant.
How large is MRC Full Circle Foundation?
MRC Full Circle Foundation reported $7.4M in total assets on its 2025 IRS Form 990-PF. It paid out $727K in qualifying distributions that year, against a required minimum of $630K (roughly 5% of its investment assets).
What is MRC Full Circle Foundation?
MRC Full Circle Foundation is a private foundation focused on Philanthropy, based in New York, NY. It holds $7.4M in total assets as of 2025.
Where does MRC Full Circle Foundation operate?
MRC Full Circle Foundation has awarded grants in Virginia.
What is MRC Full Circle Foundation's EIN?
MRC Full Circle Foundation's EIN (Employer Identification Number) is 86-2444181. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching MRC Full Circle Foundation by hand.
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