The Mahan Collection Foundation Inc

BERNARDSVILLE, NJ EIN: 22-3846170

The Mahan Collection Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in BERNARDSVILLE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.2M in total assets. In 2024, it made $1.3M in qualifying distributions. Net investment income was $85K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.2M

+12.6% YoY

Revenue

$397K

-81.7% YoY

Qualifying Distributions

$1.3M

-6.0% YoY

Expenses

$722K

+6.2% YoY

Under IRS private-foundation payout rules, The Mahan Collection Foundation Inc reported a distributable amount of $345K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mahan Collection Foundation Inc

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $16K (81%)

New Jersey $4K (19%)

States

Florida New Jersey

Cities

BernardsvilleJacksonville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$8,159,865	$7,245,456	$6,466,111
Revenue	$396,502	$2,161,042	$1,352,251
Expenses	$722,093	$679,793	$538,370
Qualifying Distributions	$1,346,980	$1,433,232	$1,174,044
Net Investment Income	$85,087	$157,210	$199,751
Distributable Amount	$344,738	$291,510	$301,140

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GARY A MAHAN	PRESIDENT/TRUSTEE	1	—
ROBERT GOLDSTEIN	V.P./TREASURER/TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is The Mahan Collection Foundation Inc?

The Mahan Collection Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in BERNARDSVILLE, NJ. It holds $8.2M in total assets as of 2024.

How large is The Mahan Collection Foundation Inc?

As of 2024, The Mahan Collection Foundation Inc holds $8.2M in total assets with $397K in annual revenue.

Where does The Mahan Collection Foundation Inc operate?

The Mahan Collection Foundation Inc has awarded grants in Florida, New Jersey.

How much is The Mahan Collection Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mahan Collection Foundation Inc reported a distributable amount of $345K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mahan Collection Foundation Inc's EIN?

The Mahan Collection Foundation Inc's EIN (Employer Identification Number) is 22-3846170. IRS Form 990 filing data is available on this page for 2020–2024.