MSG Foundation Inc

Private foundation · Grantmaker Brooklyn, NY EIN: 27-1540184

MSG Foundation Inc is a private foundation, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 5 grants totaling $1.4M.

MSG Foundation Inc at a glance

In short: MSG Foundation Inc gave $1.4M across 5 grants in 2024 (avg $281K), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,405,000
+15.4% vs 2023
Grants made (2024)
5
+66.7% vs 2023
Average grant
$281,000
-30.8% vs 2023
Median grant
$100,000
Total assets
$2,640,229
-34.7% vs 2023
Primary geography
New York (75% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who MSG Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

The OJC Fund: $825KThe OJC Fund$825KVaad Harabanim: $350KVaad Harabanim$350KCong Mishkan Yecheskel: $100KCong Mishkan Yecheskel$100KYeshivas Novominsk: $80KYeshivas Novominsk$80KCong Toldos Yehuda: $50KCong Toldos Yehuda$50K

The largest 2024 recipient was The OJC Fund ($825K). Together the top 5 received $1.4M.

Grant Size Distribution

10 grants across all recorded years

<$50K3$50–100K3$100–250K1$250–500K2$500K–1M1$1–5M$5M+

The most common grant size was in the $50–100K range: 3 grants of 10 (30%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

BrooklynLakewood

How MSG Foundation Inc gives

  • Giving grew 2710% from 2021 to 2024. Method
  • In 2024 it paid out 990% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M0 grants2020 1 grant2021 1 grant2022 3 grants2023 5 grants2024

From 2021 to 2024, annual grant giving ranged from $50K (2021) to $1.4M (2024). In 2024 it made 5 grants totaling $1.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The OJC Fund Brooklyn, NYAssistance to the Poor$825,000
Vaad Harabanim Lakewood, NJAssistance to Poor$350,000
Cong Mishkan Yecheskel Brooklyn, NYReligous Assistance$100,000
Yeshivas Novominsk Brooklyn, NYEducation Assistance$80,000
Cong Toldos Yehuda Brooklyn, NYReligous Assistance$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$2,640,229$122$1,405,250$1,405,0005$1,405,000—$141,879
2023$4,045,357$1,000,003$1,218,000$1,218,0003$1,218,000$3$179,119
2022$4,263,354$2,770,000$960,000$960,0001$960,000—$86,619
2021$2,453,354$2,500,000$50,000$50,0001$50,000—$5,193
2020$3,354———————

Under IRS private-foundation payout rules, MSG Foundation Inc reported a distributable amount of $142K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

MSG Foundation Inc is led by Michael Gross, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael Gross

    President

    On filings since 2020

    No compensation reported

  • Sarah Gross

    Treasurer

    On filings since 2020

    No compensation reported

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 MSG Foundation Inc

How much does MSG Foundation Inc give each year?

MSG Foundation Inc gave $1.4M across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 3 grants.

What is MSG Foundation Inc's typical grant size?

MSG Foundation Inc's median grant in 2024 was $100,000, and its average grant was $281,000, across 5 grants on its 2024 IRS Form 990-PF.

Where does MSG Foundation Inc give grants?

MSG Foundation Inc gives mostly in New York: 75% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (25%). The most frequent recipient cities were Brooklyn, NY (4 grants).

Does MSG Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on MSG Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

Who are MSG Foundation Inc's largest grantees?

MSG Foundation Inc's largest 2024 grantees include The OJC Fund ($825,000), Vaad Harabanim ($350,000) and Cong Mishkan Yecheskel ($100,000), according to its 2024 IRS Form 990-PF. Together they received 91% of its itemized 2024 grant dollars.

How large is MSG Foundation Inc?

MSG Foundation Inc reported $2.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $142K (roughly 5% of its investment assets).

What is MSG Foundation Inc's EIN?

MSG Foundation Inc's EIN (Employer Identification Number) is 27-1540184. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from MSG Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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