Msg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-34.7% YoY
Annual Giving
$1.4M
+15.4% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$281K
-30.8% YoY
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.
About Msg Foundation Inc
Based on IRS filings
Msg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
Ready to take the next step with Msg Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,640,229 | $4,045,357 | $4,263,354 |
| Revenue | $122 | $1,000,003 | $2,770,000 |
| Expenses | $1,405,250 | $1,218,000 | $960,000 |
| Qualifying Distributions | $1,405,000 | $1,218,000 | $960,000 |
| Net Investment Income | — | $3 | — |
| Distributable Amount | $141,879 | $179,119 | $86,619 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Ojc Fund ($825,000), Vaad Harabanim ($350,000), Cong Mishkan Yecheskel ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE OJC FUND BROOKLYN, NY | ASSISTANCE TO THE POOR | $825,000 |
| CONG TOLDOS YEHUDA Brooklyn, NY | RELIGOUS ASSISTANCE | $50,000 |
| YESHIVAS NOVOMINSK BROOKLYN, NY | EDUCATION ASSISTANCE | $80,000 |
| VAAD HARABANIM Lakewood, NJ | ASSISTANCE TO POOR | $350,000 |
| CONG MISHKAN YECHESKEL BROOKLYN, NY | RELIGOUS ASSISTANCE | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL GROSS | President | — | — |
| SARAH GROSS | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Msg Foundation Inc?
Msg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $2.6M in total assets as of 2024.
How large is Msg Foundation Inc?
As of 2024, Msg Foundation Inc holds $2.6M in total assets with $122 in annual revenue. It awarded 5 grants totaling $1.4M in 2024.
Where does Msg Foundation Inc operate?
Msg Foundation Inc has awarded grants in New Jersey, New York.
What size grants does Msg Foundation Inc award?
In 2024, Msg Foundation Inc awarded 5 grants totaling $1.4M — an average of about $281K per grant, based on its IRS Form 990 filings.
How much is Msg Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Msg Foundation Inc reported a distributable amount of $142K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Msg Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Msg Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Msg Foundation Inc to a real strategy.