MRW Foundation Inc

Foundation · Grantmaker Chesapeake, VA EIN: 20-1188311

MRW Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chesapeake, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $369K in total assets. In 2024, it awarded 10 grants totaling $325K. Net investment income was $1K.

Key facts about MRW Foundation Inc

EIN: 20-1188311
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $324,576
Grants made (2024): 10
Average grant: $32,458
Median grant: $6,250
Total assets: $369,008
Primary geography: Washington (77% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who MRW Foundation Inc funds

By grant dollars, the top recipient states for MRW Foundation Inc's 10 itemized 2024 grants were Washington (77%) and Virginia (19%). The most frequent recipient cities were Norfolk, VA (3 grants) and Virginia Beach, VA (2 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Aid to the Poor" (5 grants).

How MRW Foundation Inc gives

20% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (−10%). Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$369K

-8.3% YoY

Annual Giving

$325K

+142.9% YoY

Grant Count

+233.3% YoY

Avg Grant Size

$32K

-27.1% YoY

Under IRS private-foundation payout rules, MRW Foundation Inc reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About MRW Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $250K (77%)

Virginia $62K (19%)

Texas $8K (2%)

Georgia $5K (2%)

Colorado $50 (0%)

Share of all 10 itemized 2024 grant dollars.

States

Colorado Georgia Texas Virginia Washington

Cities

NorfolkTacomaVirginia BeachAtlantaChesapeakeColorado SpringsPortsmouthSan Antonio

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$369,008	$402,270	$355,527
Revenue	$290,011	$207,402	$277,150
Expenses	$342,892	$164,221	$168,222
Qualifying Distributions	$324,576	$133,639	$150,439
Net Investment Income	$1,128	$1,728	$1,427
Distributable Amount	$19,376	$18,102	$13,288

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 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 10 recipients in 2024

Grant Size Distribution

21 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include World Vision ($250,000), The Union Mission Ministries ($25,000), Crisis Pregnancy Ctr of Tidewater ($25,000).

Recipient	Purpose	Amount
WORLD VISION Tacoma, WA	AID TO THE POOR	$250,000
THE UNION MISSION MINISTRIES Norfolk, VA	AID TO THE POOR	$25,000
CRISIS PREGNANCY CTR OF TIDEWATER Norfolk, VA	AID TO THE POOR	$25,000
PROJECT LUCAS Virginia Beach, VA	CHILDREN	$10,408
OPERATION HOMEFRONT San Antonio, TX	CHILDREN	$7,500
AMERICAN CANCER SOCIETY Atlanta, GA	MEDICAL RESEARCH	$5,000
RECOVERY FOR LIFE Virginia Beach, VA	AID TO THE ADDICTED	$618
SOUTHEASTERN VIRGINIA FOODBANK Norfolk, VA	AID TO THE POOR	$500
CHESAPEAKE JAIL MINISTRY Chesapeake, VA	RELIGIOUS	$500
COMPASSION INTERNATIONAL Colorado Springs, CO	AID TO THE POOR	$50

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
Gerald P Rogers	President	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is MRW Foundation Inc?

MRW Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chesapeake, VA. It holds $369K in total assets as of 2024.

How large is MRW Foundation Inc?

As of 2024, MRW Foundation Inc holds $369K in total assets with $290K in annual revenue. It awarded 10 grants totaling $325K in 2024.

Where does MRW Foundation Inc operate?

MRW Foundation Inc has awarded grants in Colorado, Georgia, Texas, Virginia, Washington.

What size grants does MRW Foundation Inc award?

In 2024, MRW Foundation Inc awarded 10 grants totaling $325K — an average of about $32K per grant, based on its IRS Form 990 filings.

How much is MRW Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, MRW Foundation Inc reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.