The Mbk Foundation

CASTRO VALLEY, CA EIN: 94-3163451

The MBK Foundation is a private foundation established in 1992 and located in Castro Valley, California. It operates as a family foundation with a focus on community-based grantmaking across multiple sectors including food security, veteran services, youth programming, and disease research.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+0.5% YoY

Annual Giving

$110K

+8.0% YoY

Grant Count

23

+15.0% YoY

Avg Grant Size

$5K

-6.1% YoY

Under IRS private-foundation payout rules, The Mbk Foundation reported a distributable amount of $98K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds programs in the following areas:

  • Food Security: Programs providing food to those in need
  • Veteran Services: Training service dogs for veterans suffering from PTSD, TBI (Traumatic Brain Injury), and MST (Military Sexual Trauma)
  • Youth Programs: Summer programs and support for young people
  • Adult Services: Short-term support for adults
  • Research: Disease research and scientific advancement
  • Conservation: Environmental protection and preservation efforts

Grantmaking

The foundation made 27 grants in 2023, with a total distribution of approximately $102,000. Recent grantees include:

Grant Range

approximately $3,000

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is primarily concentrated in Arizona, Montana, and California.

Grant Distribution by State

12states
+4 more states

Cities

AlamedaArlingtonBelgradeBozemanCambridgeCharlestonDenverHaywardHoplandMount PleasantNew YorkOaklandOceansideOro ValleyPaysonPinePonte VedraSan DiegoSanta RosaSilverspring

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total Assets: $1,738,692
  • Total Revenues: $43,178
  • Total Expenses: $110,676
  • Total Distributions: $102,000

Staff: The foundation operates with zero full-time employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$70K$140K$209K$279K20202021202220232024
Metric202420232022
Total Assets$1,748,072$1,738,692$1,806,190
Revenue$128,545$43,178$61,861
Expenses$119,165$110,676$143,219
Qualifying Distributions$110,000$101,850$128,000
Net Investment Income$119,451$34,502$52,171
Distributable Amount$97,710$90,020$91,536

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$64K$96K$128K21 grants202027 grants202127 grants202220 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALS THERAPY DEVELOPMENT …$18KUNIVERSITY OF ARIZONA - …$16KBISHOP O'DOWD HIGH SCHOOL$10KBIG SKY BRAVERY$8KTHE CAMPANILE FOUNDATION$8KKAPPA SIGMA EDUCATIONAL …$5KUNIVERSITY OF ARIZONA - …$5KUNIVERSITY OF ARIZONA - …$5KUNIVERSITY OF SAN DIEGO …$5KYELLOWSTONE FOREVER$4K

Grant Size Distribution

118 grants across all recorded years

118<$50K$50–100K$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 Als Therapy Development Institute ($18,000), University of Arizona - Bio5 Keys Internship Program ($15,700), Bishop O'dowd High School ($10,000).

RecipientPurposeAmount
ABILITY DOGS OF ARIZONA TUCSON, AZDONATION TO SUPPORT SPECIALIZED TRAINING FOR PEOPLE AND THEIR DOGS TO ENHANCE QUALITY OF LIFE.$400
ALS THERAPY DEVELOPMENT INSTITUTE WATERTOWN, MADONATION TO SUPPORT RESEARCH OF EFFECTIVE TREATMENTS FOR ALS (LOU GEHRIG'S) DISEASE.$18,000
AVIAN CONSERVATION CENTER CHARLESTON, SCDONATION TO SUPPORT MEDICAL CARE FOR INJURED BIRDS AND SHOREBIRDS.$2,000
BIG SKY BRAVERY BELGRADE, MTDONATION TO SUPPORT POST DEPLOYMENT DECOMPRESSION PROGRAMS FOR SPECIAL OPS FORCES.$8,400
BISHOP O'DOWD HIGH SCHOOL OAKLAND, CADONATION TO SUPPORT ACADEMIC SCHOLARSHIPS.$10,000
COLORADO COALITION FOR THE HOMELESS DENVER, CODONATION TO SUPPORT PEOPLE ACHIEVING & MAINTANING HOUSING STABILITY.$2,500
EDUCATION THROUGH MUSIC COLORADO DENVER, CODONATION TO SUPPORT MUSIC PROGRAMS TO UNDERSERVED COMMUNITIES.$2,500
HEART OF THE VALLEY ANIMAL SHELTER BOZEMAN, MTDONATION TO SUPPORT SHELTER FOR ANIMALS.$1,800
HUMANE SOCIETY OF SOUTHERN ARIZONA TUCSON, AZDONATION TO SUPPORT SHELTER FOR ANIMALS.$400
JOBPATH INC TUCSON, AZDONATION TO SUPPORT ADULTS IN SHORT TERM DEGREE AND CERTFICATE PROGRAMS.$2,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by a family board of directors:

  • Thomas W. Keating (CEO & Director)
  • Thomas D. Keating (VP/Assistant Secretary/Director)
  • James M. Keating (VP/Assistant Secretary/Director)
  • Kendra C. Keating (CFO/VP/Director)
  • Irene M. Keating (VP/Director)

All board members serve on a part-time basis with no compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES M KEATINGCEO & DIRECTOR0.25
THOMAS D KEATINGASST SEC/DIR0.25
THOMAS W KEATINGCEO & DIRECTOR0.25
KENDRA C KEATINGCFO/DIRECTOR0.25
IRENE M KEATINGDIRECTOR0.25

Contact Information

Address: 20885 Redwood Road, Suite 305, Castro Valley, CA 94546-5915

Telephone: 510-865-0860

EIN: 94-3163451

Tax-Exempt Status: 501(c)(3) organization, tax-exempt since June 1993

Frequently Asked Questions

What does The Mbk Foundation fund?

The foundation primarily funds programs in the following areas: • **Food Security**: Programs providing food to those in need • **Veteran Services**: Training service dogs for veterans suffering from PTSD, TBI (Traumatic Brain Injury), and MST (Military Sexual Trauma) • **Youth Programs**: Summer programs and support for young people • **Adult Services**: Short-term support for adults • **Research**: Disease research and scientific advancement • **Conservation**: Environmental protection and pr…

How do I apply for a grant from The Mbk Foundation?

**Grant Characteristics:** • Typical grant awards range from $100 to $26,150 • Median grant size: approximately $3,000 • Maximum grant award: $25,000 **Recent Grant Activity:** The foundation made 27 grants in 2023, with a total distribution of approximately $102,000. Recent grantees include: • ALS Therapy Development Institute: $18,000 (Research Effective Treatments for ALS Disease) • Big Sky Bravery Foundation: $9,000 (Post Deployment Decompression Programs for Special Ops Forces) • Yellowsto…

Where does The Mbk Foundation make grants?

The foundation's grantmaking is primarily concentrated in Arizona, Montana, and California.

What size grants does The Mbk Foundation award?

In 2024, The Mbk Foundation awarded 23 grants totaling $110K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Mbk Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mbk Foundation reported a distributable amount of $98K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mbk Foundation's EIN?

The Mbk Foundation's EIN (Employer Identification Number) is 94-3163451. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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