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.
MTCO Foundation at a glance
- Total assets
- $7,335
- +16.3% vs 2023
- Revenue (2024)
- $4,256
- -60900.0% vs 2023
- Qualifying distributions (2024)
- $1,575
- -79.6% vs 2023
- Expenses (2024)
- $3,230
- -73.0% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who MTCO Foundation funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
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.
Giving History
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Heart Association Indianapolis, IN | Community Support | $2,500 |
| Familycore Peoria, IL | Community Support | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,335 | $4,256 | $3,230 | — | — | $1,575 | — | $346 |
| 2023 | $6,309 | $-7 | $11,952 | $4,000 | 2 | $7,717 | — | $563 |
| 2022 | $17,692 | $96 | $5,392 | $4,000 | 2 | $4,538 | — | $1,092 |
| 2021 | $22,988 | $2,304 | $16,433 | $9,000 | 4 | $12,448 | — | $1,737 |
| 2020 | $37,117 | $5,245 | $5,647 | $5,000 | 2 | — | $4,623 | $1,920 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work MTCO Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in MTCO Foundation's focus areas in our free grants database
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Figures come from MTCO Foundation'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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