The M5 Family Foundation

Private foundation · Grantmaker Avon Lake, OH EIN: 92-1330315

The M5 Family Foundation is a private foundation, 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.

Key facts about The M5 Family Foundation

In short: The M5 Family Foundation gave $52K across 7 grants in 2024 (avg $7K), mostly in Ohio. Source: 2024 IRS Form 990-PF.

EIN
92-1330315
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$51,500
Grants made (2024)
7
Average grant
$7,357
Median grant
$5,000
Total assets
$965,897
Primary geography
Ohio (71% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How The M5 Family Foundation gives

  • In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

Avon LakeElyriaDaytonRye BrookWestervilleBaltimoreCleveland

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2022 9 grants2023 7 grants2024

From 2023 to 2024, annual grant giving ranged from $52K (2024) to $52K (2023). In 2024 it made 7 grants totaling $52K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

University of Dayton: $12KUniversity of Dayton$12KCatholic Relief Services: $10KCatholic Relief Services$10KLorain County Safe Harbor Genesis House: $10KLorain County Safe HarborGenesis House$10KAvon Lake City Schools Foundation: $5KAvon Lake City SchoolsFoundation$5KBlessing House: $5KBlessing House$5KLeukemialymphoma Society: $5KLeukemialymphoma Society$5KSpecial Olympics Ohio: $5KSpecial Olympics Ohio$5K

The largest 2024 recipient was University of Dayton ($12K). Together the top 7 received $52K.

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Dayton Dayton, OHCharitable Support$11,500
Catholic Relief Services Baltimore, MDCharitable Support$10,000
Lorain County Safe Harbor Genesis House Elyria, OHCharitable Support$10,000
Avon Lake City Schools Foundation Avon Lake, OHCharitable Support$5,000
Blessing House Elyria, OHCharitable Support$5,000
Leukemialymphoma Society Rye Brook, NYCharitable Support$5,000
Special Olympics Ohio Westerville, OHCharitable Support$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2022 2023 2024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

The M5 Family Foundation is led by Ryan S. Mifsud, President & CEO on every filing since 2022; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ryan S. Mifsud

    President & CEO

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Elizabeth K. Mifsud

    Executive Vice President, Secretary & Treasurer

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The M5 Family Foundation

How much does The M5 Family Foundation give each year?

The M5 Family Foundation gave $52K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $52K across 9 grants.

What is The M5 Family Foundation's typical grant size?

The M5 Family Foundation's median grant in 2024 was $5,000, and its average grant was $7,357, across 7 grants on its 2024 IRS Form 990-PF.

Where does The M5 Family Foundation give grants?

The M5 Family Foundation gives mostly in Ohio: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Maryland (19%) and New York (10%). The most frequent recipient cities were Elyria, OH (2 grants).

Does The M5 Family Foundation give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on The M5 Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Support" (7 grants).

Who are The M5 Family Foundation's largest grantees?

The M5 Family Foundation's largest 2024 grantees include University of Dayton ($11,500), Catholic Relief Services ($10,000) and Lorain County Safe Harbor Genesis House ($10,000), according to its 2024 IRS Form 990-PF. Together they received 61% of its itemized 2024 grant dollars.

How large is The M5 Family Foundation?

The M5 Family Foundation reported $966K in total assets on its 2024 IRS Form 990-PF. It paid out $55K in qualifying distributions that year, against a required minimum of $49K (roughly 5% of its investment assets).

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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