MTC Foundation

Private foundation · Grantmaker Centerville, UT EIN: 20-1394977

MTC Foundation is a private foundation, based in Centerville, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it awarded 3 grants totaling $70K.

Key facts about MTC Foundation

In short: MTC Foundation gave $70K across 3 grants in 2024 (avg $23K), top state New York. Source: 2024 IRS Form 990-PF.

EIN
20-1394977
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$70,000
Grants made (2024)
3
Average grant
$23,333
Median grant
$25,000
Total assets
$12,442
Primary geography
New York (36% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12K

-85.2% YoY

Annual Giving

$70K

Grant Count

3

Avg Grant Size

$23K

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

Salt Lake CityHallandaleNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 0 grants2021 0 grants2022 0 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $33K (2020) to $70K (2024). In 2024 it made 3 grants totaling $70K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
3 grants to individuals Recipients not named —$70,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$20K$40K$60K$80K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$12,442$83,950$83,950
Revenue$4,763——
Expenses$70,985$1,608$1,831

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 21, 2025)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

MTC Foundation is led by Scott Marquardt, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Scott Marquardt

    President

    On filings since 2020

    No compensation reported

  • Daniel Marquardt

    Vice President Secretary 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 MTC Foundation

How much does MTC Foundation give each year?

MTC Foundation gave $70K across 3 grants in 2024, according to its 2024 IRS Form 990-PF.

What is MTC Foundation's typical grant size?

MTC Foundation's median grant in 2024 was $25,000, and its average grant was $23,333, across 3 grants on its 2024 IRS Form 990-PF.

Where does MTC Foundation give grants?

MTC Foundation's top state is New York, with 36% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Utah (36%) and Florida (29%).

Does MTC Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on MTC Foundation's 2024 IRS Form 990-PF were described as general or operating support.

How large is MTC Foundation?

MTC Foundation reported $12K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $5K.

What is MTC Foundation's EIN?

MTC Foundation's EIN (Employer Identification Number) is 20-1394977. 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.

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