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.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$97K
-38.8% YoY
Grant Count
8
+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
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
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 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 |
| 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 |
| PLAN INTERNATIONAL USA WARWICK, RI | PUBLIC PILOT PROGRAM ECUADOR | $2,141 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD HIGGINS | CEO | — | — |
| MARGARET M GRAFF | CFO AND SECR | — | — |
| LYNN WATSON-POWERS | Director | — | — |
| AMALIA STEPHENS | Director | — | — |
| MIKE GARDNER | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
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.
What is Mundito Foundation Inc's EIN?
Mundito Foundation Inc's EIN (Employer Identification Number) is 20-8613790. IRS Form 990 filing data is available on this page for 2020–2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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