The M & P Foundation Inc

Foundation · Grantmaker Brooklyn, NY EIN: 26-1619391

The M & P Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 7 grants totaling $112K. Net investment income was $7.

Key facts about The M & P Foundation Inc

In short: The M & P Foundation Inc gave $112K across 7 grants in 2022 (avg $16K), mostly in New York. Source: 2022 IRS Form 990-PF.

EIN: 26-1619391
Latest 990 filing: Form 990-PF, 2022
Annual giving (2022): $111,739
Grants made (2022): 7
Average grant: $15,963
Median grant: $675
Primary geography: New York (98% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Quick answers about The M & P Foundation Inc

How much does The M & P Foundation Inc give each year?

The M & P Foundation Inc gave $112K across 7 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $65K across 13 grants.

What is The M & P Foundation Inc's typical grant size?

The M & P Foundation Inc's median grant in 2022 was $675, and its average grant was $15,963, across 7 grants on its 2022 IRS Form 990-PF.

Where does The M & P Foundation Inc give grants?

The M & P Foundation Inc gives mostly in New York: 98% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (6 grants).

Does The M & P Foundation Inc give general operating support?

Yes: 100% of The M & P Foundation Inc's 2022 grants with a stated purpose (7 of 7) were for general or operating support, per its 2022 IRS Form 990-PF.

Who are The M & P Foundation Inc's largest grantees?

The M & P Foundation Inc's largest 2022 grantees include Pledger Charitable ($105,464), Belz Institutions in Israel ($2,500) and Ymh Bulding Fund ($2,000), according to its 2022 IRS Form 990-PF. Together they received 98% of its itemized 2022 grant dollars.

How The M & P Foundation Inc gives

In 2022 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 The M & P Foundation Inc

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Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$112K

+71.6% YoY

Grant Count

-46.2% YoY

Avg Grant Size

$16K

+218.6% YoY

Under IRS private-foundation payout rules, The M & P Foundation Inc reported a distributable amount of $3K for 2022 — the minimum it must pay out in qualifying distributions.

About The M & P Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $109K (98%)

New Jersey $3K (2%)

Share of all 7 itemized 2022 grant dollars.

States

New Jersey New York

Cities

BrooklynLakewood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$111,719	$176,715
Revenue	$7	$188	$3,359
Expenses	$111,789	$65,184	$11,527
Qualifying Distributions	$111,789	—	—
Net Investment Income	$7	$188	$3,359
Distributable Amount	$3,355	$7,421	$8,926

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2022

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2022

Grant Size Distribution

29 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
PLEDGER CHARITABLE Brooklyn, NY	GENERAL	$105,464
BELZ INSTITUTIONS IN ISRAEL Brooklyn, NJ	GENERAL	$2,500
YMH BULDING FUND Brooklyn, NY	GENERAL	$2,000
KOLEL CHIBAS JERUSALEM Brooklyn, NY	GENERAL	$675
KOLEL DCHASIDEI BELZ Brooklyn, NY	GENERAL	$500
CONGREGATION & KOLEL OHEL YISOCHOR Brooklyn, NY	GENERAL	$350
TORAH V'EMUNAH Brooklyn, NY	GENERAL	$250

Leadership & Key People

Officers and directors from IRS filings

The M & P Foundation Inc is led by Pearl Babad, President on every filing since 2020; none of the 3 officers listed in 2022 report compensation.

Officers on the 2022 filing

Pearl Babad

President

On filings since 2020

1 hr/week

No compensation reported
Moses Babad

Secretary & Treasurer

On filings since 2020

No compensation reported
Shloma Babad

Vice President

On filings since 2020

No compensation reported

Data from IRS Form 990 filings, 2020–2022. "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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The M & P Foundation Inc?

The M & P Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Brooklyn, NY. It holds — in total assets as of 2022.

How much is The M & P Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, The M & P Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.