The Mbs Family Foundation Inc

WEST PALM BEACH, FL EIN: 20-1865079

The Mbs Family Foundation Inc is a private foundation, based in WEST PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $283K in total assets. In 2024, it awarded 17 grants totaling $188K. Net investment income was $29K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$283K

-39.6% YoY

Annual Giving

$188K

+14.2% YoY

Grant Count

17

-15.0% YoY

Avg Grant Size

$11K

+34.4% YoY

Under IRS private-foundation payout rules, The Mbs Family Foundation Inc reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mbs Family Foundation Inc

Based on IRS filings

The Mbs Family Foundation Inc is a private foundation, based in WEST PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $283K in total assets. In 2024, it awarded 17 grants totaling $188K. Net investment income was $29K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AirmontAlbanyBrooklynChevy ChaseClintonHowellJacksonvilleLakewoodLos AngelesNew YorkNew York CityOaklandPalm BeachPontiacSarasotaTeaneckWashingtonWest HollywoodWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$153K$305K$458K$611K20202021202220232024
Metric202420232022
Total Assets$282,999$468,527$223,147
Revenue$15,650$555,068$1,830
Expenses$200,663$176,318$80,309
Qualifying Distributions$190,801$168,057$76,787
Net Investment Income$29,208$144,321$558
Distributable Amount$15,692$15,613$12,102

Giving Over Time

Total grant dollars and number of grants per year

$0$47K$94K$141K$188K10 grants20209 grants202115 grants202220 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BIBLICAL MUSEUM OF NATUR…$30KMORSELIFE HEALTH SYSTEM$30KJEWISH FEDERATION OF PAL…$25KFRIENDS OF UNITED HATZALAH$20KJERUSALEM FOUNDATION INC$20KBETTER FUTURE FOR ISRAEL$10KFLAGLER MUSEUM$10KJERUSALEM FELLOWSHIPS$10KOXFORD CENTRE FOR HEBREW…$10KCHABAD OF CLINTON$5K

Grant Size Distribution

71 grants across all recorded years

70<$50K$50–100K1$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 Biblical Museum of Natural History ($30,045), Morselife Health System ($30,000), Jewish Federation of Palm Beach County ($25,000).

RecipientPurposeAmount
BETTER FUTURE FOR ISRAEL TEANECK, NJEDUCATIONAL AND OTHER CHARITABLE PURPOSES$10,000
BIBLICAL MUSEUM OF NATURAL HISTORY WEST HOLLYWOOD, CAEDUCATIONAL AND OTHER CHARITABLE PURPOSES$30,045
CHABAD OF CLINTON CLINTON, NYEDUCATIONAL AND OTHER CHARITABLE PURPOSES$5,000
CONGREGATION ATERES SHLOIME BROOKLYN, NYEDUCATIONAL AND OTHER CHARITABLE PURPOSES$5,000
FLAGLER MUSEUM PALM BEACH, FLEDUCATIONAL AND OTHER CHARITABLE PURPOSES$10,000
FRIENDS OF UNITED HATZALAH NEW YORK, NYEDUCATIONAL AND OTHER CHARITABLE PURPOSES$20,000
JERUSALEM FELLOWSHIPS AIRMONT, NYEDUCATIONAL AND OTHER CHARITABLE PURPOSES$10,000
JERUSALEM FOUNDATION INC NEW YORK CITY, NYEDUCATIONAL AND OTHER CHARITABLE PURPOSES$20,000
JEWISH FEDERATION OF PALM BEACH COUNTY WEST PALM BEACH, FLEDUCATIONAL AND OTHER CHARITABLE PURPOSES$25,000
MASBIA BROOKLYN, NYEDUCATIONAL AND OTHER CHARITABLE PURPOSES$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHELLE B STEINPRESIDENT

Frequently Asked Questions

How large is The Mbs Family Foundation Inc?

As of 2024, The Mbs Family Foundation Inc holds $283K in total assets with $16K in annual revenue. It awarded 17 grants totaling $188K in 2024.

Where does The Mbs Family Foundation Inc operate?

The Mbs Family Foundation Inc has awarded grants in California, District of Columbia, Florida, Maryland, Michigan, New Jersey, New York.

What size grants does The Mbs Family Foundation Inc award?

In 2024, The Mbs Family Foundation Inc awarded 17 grants totaling $188K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is The Mbs Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mbs Family Foundation Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mbs Family Foundation Inc's EIN?

The Mbs Family Foundation Inc's EIN (Employer Identification Number) is 20-1865079. 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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