The MDV Foundation
The MDV Foundation is a private foundation based in Lake Charles, Louisiana. Its 2024 filing reports $28,000 in grants to 15 organizations, with listed recipients in Louisiana, Texas, Tennessee, Georgia, and Florida.
The MDV Foundation at a glance
In short: The MDV Foundation gave $28K across 15 grants in 2024 (avg $2K), mostly in Louisiana. 20% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $28,000
- -13.8% vs 2023
- Grants made (2024)
- 15
- -6.3% vs 2023
- Average grant
- $1,867
- -8.1% vs 2023
- Median grant
- $1,500
- Total assets
- $404,421
- +18.7% vs 2023
- New grantees (estimate)
- 20% first-time grantees (3 of 15, 2024; small sample)
- Primary geography
- Louisiana (59% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The MDV Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 4856 Portrush Drive, Lake Charles, LA 70605-5973
Phone: (337) 433-1002
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The MDV Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Our Lady Queen of Heaven ($5K). Together the top 10 received $23K.
Grant Size Distribution
89 grants across all recorded years
The most common grant size was under $50K: 89 grants of 89 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that grant dollars went to recipients in Louisiana (59%), Texas (20%), Tennessee (9%), Georgia (9%), and Florida (4%).
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Is The MDV Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 3 of 15 grantees (20%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $2K; repeat grants $2K. How we count
Medians: $3K first-time, $2K repeat.
- 80% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+10%). Method
- In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $21K (2022) to $33K (2023). In 2024 it made 15 grants totaling $28K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Our Lady Queen of Heaven Lake Charles, LA | General Needs | $4,500 |
| Catholic Charities Beaumont, TX | General Needs | $2,500 |
| St Jude Children's Research Hospital Memphis, TN | General Needs | $2,500 |
| Team Gleason Foundation New Orleans, LA | General Needs | $2,500 |
| McNeese Foundation Dr Sam Monticello Scholarship Lake Charles, LA | General Needs | $2,500 |
| Braddy Scholarship Fund Dalton, GA | General Needs | $2,500 |
| Wounded Warrior Project Houston, TX | General Needs | $2,000 |
| Abraham's Tent Lake Charles, LA | General Needs | $1,500 |
| Boys Village Lake Charles, LA | General Needs | $1,500 |
| Food for the Poor Coconut Creek, FL | General Needs | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $404,421 | $98,098 | $34,296 | $28,000 | 15 | $28,000 | $91,802 | $31,741 |
| 2023 | $340,619 | $14,259 | $40,329 | $32,500 | 16 | $32,500 | $6,430 | $28,490 |
| 2022 | $366,689 | $12,693 | $28,961 | $21,250 | 15 | $21,250 | $4,982 | $29,083 |
| 2021 | $382,957 | $84,252 | $32,611 | $25,500 | 23 | $25,500 | $77,141 | $31,398 |
| 2020 | $331,316 | $34,289 | $33,518 | $28,600 | 20 | — | $29,356 | $26,570 |
Under IRS private-foundation payout rules, The MDV Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to a range of charitable organizations. For example, St. Jude Children’s Research Hospital describes its mission as advancing cures and prevention for pediatric catastrophic diseases through research and treatment. Team Gleason Foundation says it helps people with neuromuscular diseases or injuries access technology, equipment, and services, and raises awareness of ALS. Catholic Charities describes providing assistance such as food, clothing, utilities, rent, shelter, prescriptions, and counseling.
Grantmaking
In filing year 2024, the foundation made 15 grants totaling $28,000. Grants ranged from $1,000 to $4,500, with a median of $1,500.
Among the largest listed grants were $4,500 to Our Lady Queen of Heaven in Lake Charles, Louisiana, and $2,500 each to Catholic Charities in Beaumont, Texas; St. Jude Children’s Research Hospital in Memphis, Tennessee; Team Gleason Foundation in New Orleans, Louisiana; McNeese Foundation Dr Sam Monticello Scholarship in Lake Charles, Louisiana; and Braddy Scholarship Fund in Dalton, Georgia. The filing lists the purposes for these grants as “General Needs.”
Leadership & Key People
Leadership team and compensation from IRS filings
Vesta H Johnston is listed as a trustee on the 2024 filing.
The MDV Foundation is led by Vesta H Johnston, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Vesta H Johnston
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The MDV Foundation
How much does The MDV Foundation give each year?
The MDV Foundation gave $28K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $33K across 16 grants.
What is The MDV Foundation's typical grant size?
The MDV Foundation's median grant in 2024 was $1,500, and its average grant was $1,867, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The MDV Foundation that year got $2K on average.
Where does The MDV Foundation give grants?
The MDV Foundation gives mostly in Louisiana: 59% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Texas (20%) and Tennessee (9%). The most frequent recipient cities were Lake Charles, LA (7 grants).
Does The MDV Foundation give general operating support?
Yes: 100% of The MDV Foundation's 2024 grants with a stated purpose (15 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The MDV Foundation's largest grantees?
The MDV Foundation's largest 2024 grantees include Our Lady Queen of Heaven ($4,500), Catholic Charities ($2,500) and St Jude Children's Research Hospital ($2,500), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.
How large is The MDV Foundation?
The MDV Foundation reported $404K in total assets on its 2024 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The MDV Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants went to a range of charitable organizations. For example, St. Jude Children’s Research Hospital describes its mission as advancing cures and prevention for pediatric catastrophic diseases through research and treatment. See mission & focus areas ↑
How do I apply for a grant from The MDV Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The MDV Foundation's EIN?
The MDV Foundation's EIN (Employer Identification Number) is 20-5558065. IRS Form 990 filing data is available on this page for 2020–2024.
Does The MDV Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The MDV Foundation funds
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The MDV Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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