The Mb Foundation

EDINA, MN EIN: 41-6421316

The Mb Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in EDINA, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 4 grants totaling $220K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$220K

+0.0% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$55K

+0.0% YoY

About The Mb Foundation

Based on IRS filings

The Mb Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in EDINA, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 4 grants totaling $220K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BROOKLYN PARKCOON RAPIDSMINNEAPOLISROCHESTERWASHINGTON

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$56K$113K$169K$225K5 grants20201 grants20211 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

AMERICAN RED CROSS$100KYMCA$100KSECOND HARVEST HEARTLAND$10KFEED MY STARVING CHILDREN$10K

Grant Size Distribution

15 grants across all recorded years

7<$50K3$50–100K5$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 American Red Cross ($100,000), Ymca ($100,000), Second Harvest Heartland ($10,000).

RecipientPurposeAmount
AMERICAN RED CROSS WASHINGTON, DCEMERGENCY SERVICES$100,000
SECOND HARVEST HEARTLAND BROOKLYN PARK, MNGENERAL FUNDING$10,000
FEED MY STARVING CHILDREN COON RAPIDS, MNMEALS$10,000
YMCA MINNEAPOLIS, MNBEACONS/BNG PROGRAMS$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LAURA LEE BASKERVILLE BECKERTRUSTEE
TERRY R BECKERTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mb Foundation?

The Mb Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in EDINA, MN. It holds — in total assets as of 2024.

Where does The Mb Foundation operate?

The Mb Foundation has awarded grants in District of Columbia, Minnesota.

What size grants does The Mb Foundation award?

In 2024, The Mb Foundation awarded 4 grants totaling $220K — an average of about $55K per grant, based on its IRS Form 990 filings.

What is The Mb Foundation's EIN?

The Mb Foundation's EIN (Employer Identification Number) is 41-6421316. IRS Form 990 filing data is available on this page for 2020–2024.

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

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