The Maria and Steven Mungo Foundation
The Maria and Steven Mungo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 18 grants totaling $759K. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+43.5% YoY
Annual Giving
$759K
+262.3% YoY
Grant Count
18
+157.1% YoY
Avg Grant Size
$42K
+40.9% YoY
Under IRS private-foundation payout rules, The Maria and Steven Mungo Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About The Maria and Steven Mungo Foundation
Based on IRS filings
The Maria and Steven Mungo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 18 grants totaling $759K. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,264,629 | $3,668,666 | $660,584 |
| Revenue | $4,071,285 | $5,041,787 | $1,322,377 |
| Expenses | $806,360 | $214,745 | $195,000 |
| Qualifying Distributions | $760,274 | $211,000 | $195,000 |
| Net Investment Income | $1,180,445 | $2,051,166 | — |
| Distributable Amount | $13,466 | $9,273 | $19,313 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lowcountry Food Bank ($150,000), Wofford College ($103,040), Elks River Helping Hands ($100,945).
| Recipient | Purpose | Amount |
|---|---|---|
| GREEN HEART PROJECT INC CHARLESTON, SC | SUPPORT FOR PROGRAM TEACHING HOW TO FRESH FOOD GARDENING IN LOW INCOME AREAS | $10,000 |
| LOWCOUNTRY FOOD BANK CHARLESTON, SC | SUPPORT FOR FOOD BANK | $25,000 |
| ROPER ST FRANCIS FOUNDATION CHARLESTON, SC | SUPPORT FOR HEALTHCARE PROVIDER | $50,000 |
| WOFFORD COLLEGE SPARTANBURG, SC | SUPPORT FOR STUDENT SCHOLARSHIPS, EDUCATIONAL EQUIPMENT, AND OTHER CRITICAL NEEDS THROUGHOUT COLLEGE. | $100,000 |
| TRIDENT UNITED WAY NORTH CHARLESTON, SC | SUPPORT FOR TOCQUEVILLE SOCIETY BACK TO SCHOOL DRIVE | $10,000 |
| COLORECTAL CANCER ALLIANCE WASHINGTON, DC | SUPPORT FOR BOTTOMS UP INVITATIONAL | $18,569 |
| PAWMETTO LIFELINE COLUMBIA, SC | SUPPORT FOR FUR BALL MOONLIGHT GALA | $10,000 |
| CHS PARKS CONSERVANCY CHARLESTON, SC | SUPPORT FOR PART OF THE PARKS AND THE WORK OF THE CHS PARKS CONSERVANCY | $2,500 |
| ELKS RIVER HELPING HANDS BANNER ELK, NC | SUPPORT FOR FOOD RELIEF FOR WESTERN NC | $55,000 |
| FEEDING AVERY FAMILIES BANNER ELK, NC | SUPPORT FOR FOOD RELIEF FOR WESTERN NC | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN W MUNGO | PRESIDENT | 0.5 | — |
| MARIA K MUNGO | VICE PRESIDENT | 1 | — |
| EDWARD W MUNGO | SECRETARY | 0.08 | — |
| EMILY M FRANK | TREASURER | 0.08 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Maria and Steven Mungo Foundation?
The Maria and Steven Mungo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. It holds $5.3M in total assets as of 2024.
How large is The Maria and Steven Mungo Foundation?
As of 2024, The Maria and Steven Mungo Foundation holds $5.3M in total assets with $4.1M in annual revenue. It awarded 18 grants totaling $759K in 2024.
Where does The Maria and Steven Mungo Foundation operate?
The Maria and Steven Mungo Foundation has awarded grants in District of Columbia, Georgia, Massachusetts, North Carolina, South Carolina, Texas.
What size grants does The Maria and Steven Mungo Foundation award?
In 2024, The Maria and Steven Mungo Foundation awarded 18 grants totaling $759K — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is The Maria and Steven Mungo Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Maria and Steven Mungo Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Maria and Steven Mungo Foundation's EIN?
The Maria and Steven Mungo Foundation's EIN (Employer Identification Number) is 87-1550033. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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