Mundito Foundation Inc

Foundation · Grantmaker Decatur, GA EIN: 20-8613790

Community Improvement & Capacity Building

Mundito Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in Decatur, GA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 8 grants totaling $97K. Net investment income was $1.

Key facts about Mundito Foundation Inc

EIN: 20-8613790
Latest 990 filing: Form 990-PF, 2021
Annual giving (2021): $96,701
Grants made (2021): 8
Average grant: $12,088
Median grant: $2,141
Primary geography: Georgia (96% of itemized 2021 grant dollars)

Data from IRS Form 990-PF, 2021; updated September 2026.

Who Mundito Foundation Inc funds

By grant dollars, the top recipient states for Mundito Foundation Inc's 8 itemized 2021 grants were Georgia (96%). The most frequent recipient cities were Atlanta, GA (5 grants). None of its 8 grants with a stated purpose were described as general or operating support.

How Mundito Foundation Inc gives

In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Mundito Foundation Inc

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Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$97K

-38.8% YoY

Grant Count

+60.0% YoY

Avg Grant Size

$12K

-61.7% YoY

Under IRS private-foundation payout rules, Mundito Foundation Inc reported a distributable amount of $402 for 2021 — the minimum it must pay out in qualifying distributions.

About Mundito Foundation Inc

Based on IRS filings

Focus Areas

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $92K (96%)

Rhode Island $2K (2%)

Minnesota $2K (2%)

Share of all 8 itemized 2021 grant dollars.

States

Georgia Indiana Minnesota New York Rhode Island Tennessee

Cities

AtlantaEast PointNashvilleNew YorkSt PaulWarwickWinona Lake

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$57,774
Revenue	$41,076	$105,583
Expenses	$98,850	$163,340
Qualifying Distributions	$96,701	—
Net Investment Income	$1	$24,561
Distributable Amount	$402	$475

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2021

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2021

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest recipients include Atlanta Community Food Bank ($41,000), Open Hand Atlanta ($41,000), Action Against Hunger USA ($4,000).

Recipient	Purpose	Amount
ATLANTA COMMUNITY FOOD BANK East Point, GA	FOOD BANK	$41,000
OPEN HAND ATLANTA Atlanta, GA	FOOD BANK MEAL DELIVERY	$41,000
ACTION AGAINST HUNGER USA Atlanta, GA	HELP END HUNGER AND HOMELESSNESS	$4,000
PLAN INTERNATIONAL USA Warwick, RI	PUBLIC PILOT PROGRAM ECUADOR	$2,141
YEAR UP GREATER ATLANTA Atlanta, GA	TRAINING	$2,140
WINGS GUATEMALA St Paul, MN	FAMILY PLANNING SERVICES	$2,140
INTOWN COLLABORATIVE Atlanta, GA	PERMANENT HOUSING FOR THE HOMELESS	$2,140
MIDTOWN ASSISTANCE CENTER Atlanta, GA	COMPUTER/INTERNET ACCESS	$2,140

Leadership & Key People

Officers and directors from IRS filings

Mundito Foundation Inc is led by Richard Higgins, CEO on every filing since 2020; none of the 5 officers listed in 2021 report compensation.

Officers on the 2021 filing

Richard Higgins

CEO

On filings since 2020

No compensation reported
Lynn Watson-Powers

Director

Board Member → Director, 2021

On filings since 2020

No compensation reported
Amalia Stephens

Director

New on the 2021 filing

No compensation reported
Mike Gardner

Director

New on the 2021 filing

No compensation reported
Margaret M. Graff

CFO & Secretary

CFO & Corp S → CFO & Secretary, 2021

On filings since 2020

No compensation reported

Former officers (2)

Former: Anne Emmanuel (2020) — Board Memer
Former: Brent Huff (2020) — Board Member

Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is Mundito Foundation Inc?

Mundito Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in Decatur, GA. It holds — in total assets as of 2021.

Where does Mundito Foundation Inc operate?

Mundito Foundation Inc has awarded grants in Georgia, Indiana, Minnesota, New York, Rhode Island, Tennessee.

What size grants does Mundito Foundation Inc award?

In 2021, Mundito Foundation Inc awarded 8 grants totaling $97K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Mundito Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Mundito Foundation Inc reported a distributable amount of $402 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.