The M5 Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVON LAKE, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $966K in total assets. In 2024, it awarded 7 grants totaling $52K. Net investment income was $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$966K
-3.9% YoY
Annual Giving
$52K
-0.7% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$7K
+27.6% YoY
Under IRS private-foundation payout rules, The M5 Family Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About The M5 Family Foundation
Based on IRS filings
The M5 Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVON LAKE, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $966K in total assets. In 2024, it awarded 7 grants totaling $52K. Net investment income was $17K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $965,897 | $1,005,070 | $1,000,647 |
| Revenue | $22,991 | $57,747 | $1,000,667 |
| Expenses | $57,370 | $53,324 | $20 |
| Qualifying Distributions | $54,545 | $52,566 | — |
| Net Investment Income | $17,341 | $21,789 | $597 |
| Distributable Amount | $49,029 | $49,465 | $1,207 |
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 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Dayton ($11,500), Catholic Relief Services ($10,000), Lorain County Safe Harbor Genesis House ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AVON LAKE CITY SCHOOLS FOUNDATION AVON LAKE, OH | CHARITABLE SUPPORT | $5,000 |
| BLESSING HOUSE ELYRIA, OH | CHARITABLE SUPPORT | $5,000 |
| CATHOLIC RELIEF SERVICES BALTIMORE, MD | CHARITABLE SUPPORT | $10,000 |
| LEUKEMIALYMPHOMA SOCIETY RYE BROOK, NY | CHARITABLE SUPPORT | $5,000 |
| LORAIN COUNTY SAFE HARBOR GENESIS HOUSE ELYRIA, OH | CHARITABLE SUPPORT | $10,000 |
| SPECIAL OLYMPICS OHIO WESTERVILLE, OH | CHARITABLE SUPPORT | $5,000 |
| UNIVERSITY OF DAYTON DAYTON, OH | CHARITABLE SUPPORT | $11,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RYAN S MIFSUD | PRESIDENT, CEO | 0.5 | — |
| ELIZABETH K MIFSUD | EXEC VP, SECY AND TREASURER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The M5 Family Foundation?
The M5 Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVON LAKE, OH. It holds $966K in total assets as of 2024.
How large is The M5 Family Foundation?
As of 2024, The M5 Family Foundation holds $966K in total assets with $23K in annual revenue. It awarded 7 grants totaling $52K in 2024.
Where does The M5 Family Foundation operate?
The M5 Family Foundation has awarded grants in Maryland, New York, Ohio.
What size grants does The M5 Family Foundation award?
In 2024, The M5 Family Foundation awarded 7 grants totaling $52K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The M5 Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The M5 Family Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The M5 Family Foundation's EIN?
The M5 Family Foundation's EIN (Employer Identification Number) is 92-1330315. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The M5 Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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