The M&m Family Foundation

Foundation · Grantmaker SOUTH LYON, MI EIN: 88-3181481

The M&m Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH LYON, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $48K in total assets. In 2024, it awarded 3 grants totaling $209K. Net investment income was $180.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$48K

Annual Giving

$209K

Grant Count

Avg Grant Size

$70K

Under IRS private-foundation payout rules, The M&m Family Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About The M&m Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $418K (100%)

Indiana $1K (0%)

States

Indiana Michigan

Cities

Big RapidsHoughtonTraverse CityWest Lafayette

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2022
Total Assets	$48,196	$89,360
Revenue	$206,244	$300,000
Expenses	$210,222	$210,640
Qualifying Distributions	$210,070	$210,617
Net Investment Income	$180	—
Distributable Amount	$3,081	$4,428

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Michigan Tech University ($200,000), The Ferris Foundation ($7,500), Purdue Foundation ($1,000).

Recipient	Purpose	Amount
MICHIGAN TECH UNIVERSITY HOUGHTON, MI	SURVEY RECRUITER PROGRAM	$200,000
PURDUE FOUNDATION WEST LAFAYETTE, IN	WOMEN IN ENGINEERING PROGRAM	$1,000
THE FERRIS FOUNDATION BIG RAPIDS, MI	SCHOLARSHIP/ENDOWMENT	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MATTHEW BISSET	PRESIDENT, S	—	—
MELISSA BISSETT	TREASURER	—	—
EDWARD LUSTENADER	FOUNDING DIR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The M&m Family Foundation?

The M&m Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH LYON, MI. It holds $48K in total assets as of 2024.

How large is The M&m Family Foundation?

As of 2024, The M&m Family Foundation holds $48K in total assets with $206K in annual revenue. It awarded 3 grants totaling $209K in 2024.

Where does The M&m Family Foundation operate?

The M&m Family Foundation has awarded grants in Indiana, Michigan.

What size grants does The M&m Family Foundation award?

In 2024, The M&m Family Foundation awarded 3 grants totaling $209K — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is The M&m Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The M&m Family Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.