The Makumbe Foundation
The Makumbe Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $88K in total assets. In 2024, it awarded 2 grants totaling $83K. Net investment income was $4K.
The Makumbe Foundation at a glance
In short: The Makumbe Foundation gave $83K across 2 grants in 2024 (avg $41K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $82,600
- +7.6% vs 2023
- Grants made (2024)
- 2
- -33.3% vs 2023
- Average grant
- $41,300
- +61.3% vs 2023
- Median grant
- $41,300
- Total assets
- $87,550
- -47.6% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Makumbe Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was British Schools and Universities Foundation Inc ($53K). Together the top 2 received $83K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 7 grants of 8 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How The Makumbe Foundation gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $25K (2022) to $83K (2024). In 2024 it made 2 grants totaling $83K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| British Schools and Universities Foundation Inc New York, NY | General & Unrestricted | $52,600 |
| African Leadership Foundation New York, NY | General & Unrestricted | $30,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $87,550 | $30,210 | $108,584 | $82,600 | 2 | $103,844 | $4,298 | $3,684 |
| 2023 | $166,980 | $126,876 | $92,641 | $76,800 | 3 | $76,800 | $322 | $674 |
| 2022 | $121,502 | $151,566 | $30,064 | $24,500 | 3 | $24,500 | — | $499 |
Under IRS private-foundation payout rules, The Makumbe Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Makumbe Foundation is led by Pardon Makumbe, President since 2024 (on filings since 2022); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Pardon Makumbe
President
Founder → President, 2024
On filings since 2022
1 hr/week
No compensation reported
Akosua Nti
Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Pedzisai Makumbe
Treasurer
New on the 2024 filing
1 hr/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 Makumbe Foundation
How much does The Makumbe Foundation give each year?
The Makumbe Foundation gave $83K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $77K across 3 grants.
How large is The Makumbe Foundation?
The Makumbe Foundation reported $88K in total assets on its 2024 IRS Form 990-PF. It paid out $104K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).
Where does The Makumbe Foundation operate?
The Makumbe Foundation has awarded grants in Colorado, New Jersey, New York.
What is The Makumbe Foundation's EIN?
The Makumbe Foundation's EIN (Employer Identification Number) is 87-4133600. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work The Makumbe Foundation funds
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