The Mulberry Essence Foundation is a private grantmaking foundation established in 2016 and based in Greenwich, Connecticut. As a 501(c)(3) organization, the foundation operates as a private foundation focused on philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49.7M
+1.7% YoY
Annual Giving
$3.5M
+27.3% YoY
Grant Count
63
-3.1% YoY
Avg Grant Size
$56K
+31.3% YoY
Under IRS private-foundation payout rules, Mulberry Essence Foundation reported a distributable amount of $2.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports a diverse range of charitable causes. Recent grantmaking demonstrates funding interests spanning education, international affairs, food security, and community development. The foundation has made grants to educational institutions, global initiatives, and community support organizations.
Grantmaking
The foundation is an active grantmaker with significant annual giving. In 2023, the foundation made 42 grants totaling approximately $2.5 million in grantmaking activity.
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Geographic Focus
Where this funder awards grants
The foundation is headquartered in Greenwich, Connecticut and has demonstrated grantmaking activity in Connecticut and nationally, supporting organizations across multiple states and international initiatives.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $48.8 million
- Total Revenues: $2.18 million
- Total Expenses: $3.9 million
- Total Liabilities: $6,860
Revenue Composition (2023):
- Investment income and dividends: $642,303
- Net gain from sale of non-inventory assets: $1,496,425
- Miscellaneous revenues: $42,872
The foundation's revenue is primarily derived from investment returns and asset sales rather than contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $49,683,773 | $48,831,549 | $50,543,873 |
| Revenue | $5,409,829 | $2,181,600 | $4,292,335 |
| Expenses | $4,567,007 | $3,898,899 | $6,193,996 |
| Qualifying Distributions | $3,523,093 | $2,767,900 | $3,461,143 |
| Net Investment Income | $4,365,985 | $1,050,601 | — |
| Distributable Amount | $2,675,016 | $2,613,743 | $2,935,056 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
235 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brown University ($1,230,000), Stanford University ($400,000), Phillips Exeter Academy ($300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CORPORATE PARTNERS NEW YORK, NY | GENERAL | $5,000 |
| AMERICARES STAMFORD, CT | GENERAL | $21,000 |
| AMERICARES STAMFORD, CT | GENERAL | $2,079 |
| ACT OF CONNECTICUT RIDGEFIELD, CT | GENERAL | $7,000 |
| ASIAN UNIVERSITY FOR WOMEN SUPPORT FOUNDATION CAMBRIDGE, MA | GENERAL | $10,000 |
| BROWN UNIVERSITY PROVIDENCE, RI | GENERAL | $130,000 |
| CHAPEL YORK US NEW YORK, NY | GENERAL | $5,200 |
| AMERICAN NEAR EAST WASHINGTON, DC | GENERAL | $2,500 |
| ANNIKA FOUNDATION ORLANDO, FL | GENERAL | $1,000 |
| ASIAN UNIVERSITY FOR WOMEN SUPPORT FOUNDATION CAMBRIDGE, MA | GENERAL | $100 |
Leadership & Key People
Leadership team and compensation from IRS filings
Eiichiro Kuwana serves as President and Trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EIICHIRO KUWANA | PRESIDENT, SECRETARY, DIRE | 10 | — |
Contact Information
Address: 2 Soundview Avenue, Greenwich, CT 06830, United States
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Mulberry Essence Foundation fund?
The foundation supports a diverse range of charitable causes. Recent grantmaking demonstrates funding interests spanning education, international affairs, food security, and community development. The foundation has made grants to educational institutions, global initiatives, and community support organizations.
How do I apply for a grant from Mulberry Essence Foundation?
The foundation is an active grantmaker with significant annual giving. In 2023, the foundation made 42 grants totaling approximately $2.5 million in grantmaking activity. **Recent Notable Grants (2023):** • Brown University: $500,000 • Phillips Exeter Academy: $310,000 • Global Citizens Initiative: $150,000 The foundation's grantmaking encompasses general support to recipient organizations across various sectors including higher education, preparatory schools, and community-based initiatives.
Where does Mulberry Essence Foundation make grants?
The foundation is headquartered in Greenwich, Connecticut and has demonstrated grantmaking activity in Connecticut and nationally, supporting organizations across multiple states and international initiatives.
What size grants does Mulberry Essence Foundation award?
In 2024, Mulberry Essence Foundation awarded 63 grants totaling $3.5M — an average of about $56K per grant, based on its IRS Form 990 filings.
How much is Mulberry Essence Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mulberry Essence Foundation reported a distributable amount of $2.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mulberry Essence Foundation's EIN?
Mulberry Essence Foundation's EIN (Employer Identification Number) is 81-2068389. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mulberry Essence Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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