MTCO Foundation
MTCO Foundation is a private foundation, based in Metamora, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it made $2K in qualifying distributions.
Key facts about MTCO Foundation
- EIN
- 20-0771588
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $7,335
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7K
+16.3% YoY
Revenue
$4K
-60900.0% YoY
Qualifying Distributions
$2K
-79.6% YoY
Expenses
$3K
-73.0% YoY
Under IRS private-foundation payout rules, MTCO Foundation reported a distributable amount of $346 for 2024 — the minimum it must pay out in qualifying distributions.
How MTCO Foundation gives
- Giving fell 20% from 2020 to 2023. Method
- In 2024 it paid out 455% 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
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $4K (2022) to $9K (2021). In 2023 it made 2 grants totaling $4K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,335 | $6,309 | $17,692 |
| Revenue | $4,256 | $-7 | $96 |
| Expenses | $3,230 | $11,952 | $5,392 |
| Qualifying Distributions | $1,575 | $7,717 | $4,538 |
| Distributable Amount | $346 | $563 | $1,092 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
MTCO Foundation is led by Glenn Rauh, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Glenn Rauh
President
On filings since 2020
1 hr/week
No compensation reported
Ann Dickerson
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Melissa Rauh (2020–2022) — Vice President
- Former: Tina Glidewell (2020–2022) — Assistant Secretary & Treasurer
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 MTCO Foundation
How large is MTCO Foundation?
MTCO Foundation reported $7K in total assets on its 2024 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $346 (roughly 5% of its investment assets).
Where does MTCO Foundation operate?
MTCO Foundation has awarded grants in Illinois, Indiana.
What is MTCO Foundation's EIN?
MTCO Foundation's EIN (Employer Identification Number) is 20-0771588. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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