The Mabb 42 Foundation

DALLAS, TX EIN: 27-2920270

The Mabb 42 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $73K in total assets. In 2024, it awarded 1 grants totaling $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$73K

-26.7% YoY

Annual Giving

$25K

Grant Count

1

Avg Grant Size

$25K

Under IRS private-foundation payout rules, The Mabb 42 Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mabb 42 Foundation

Based on IRS filings

The Mabb 42 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $73K in total assets. In 2024, it awarded 1 grants totaling $25K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

North Mankato

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$55K$83K$110K2021202220232024
Metric202420232022
Total Assets$73,251$100,000$100,000
Revenue$100,000
Expenses$25,271
Qualifying Distributions$25,000
Net Investment Income
Distributable Amount$4,925$4,925$4,925

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$13K$19K$25K0 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

MAF IMAGINE ONE$25K

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Maf Imagine One ($25,000).

RecipientPurposeAmount
MAF IMAGINE ONE NORTH MANKATO, MNOPERATIONS$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MILTON MCKENZIEPRESIDENT
ARETA MCKENZIEDIRECTOR
MILTON MCKENZIEDIRECTOR
MERILEE BAIRDDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mabb 42 Foundation?

The Mabb 42 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $73K in total assets as of 2024.

How large is The Mabb 42 Foundation?

As of 2024, The Mabb 42 Foundation holds $73K in total assets. It awarded 1 grants totaling $25K in 2024.

Where does The Mabb 42 Foundation operate?

The Mabb 42 Foundation has awarded grants in Minnesota.

What size grants does The Mabb 42 Foundation award?

In 2024, The Mabb 42 Foundation awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Mabb 42 Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mabb 42 Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mabb 42 Foundation's EIN?

The Mabb 42 Foundation's EIN (Employer Identification Number) is 27-2920270. IRS Form 990 filing data is available on this page for 2021–2024.

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

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