The MDV Foundation
The MDV Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lake Charles, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $404K in total assets. In 2024, it awarded 15 grants totaling $28K. Net investment income was $92K.
Key facts about The MDV Foundation
- EIN
- 20-5558065
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $28,000
- Grants made (2024)
- 15
- Average grant
- $1,867
- Median grant
- $1,500
- New grantees (estimate)
- 20% first-time grantees (3 of 15, 2024)
- Total assets
- $404,421
- Primary geography
- Louisiana (59% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The MDV Foundation funds
By grant dollars, the top recipient states for The MDV Foundation's 15 itemized 2024 grants were Louisiana (59%), Texas (20%) and Tennessee (9%). The most frequent recipient cities were Lake Charles, LA (7 grants). 100% of grants with a stated purpose were for general or operating support.
Is The MDV Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 3 of 15 grantees (20%) were first-time recipients. 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 IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The MDV Foundation
- How to evaluate The MDV Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$404K
+18.7% YoY
Annual Giving
$28K
-13.8% YoY
Grant Count
15
-6.3% YoY
Avg Grant Size
$2K
-8.1% YoY
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.
About The MDV Foundation
Based on IRS filings
The MDV Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lake Charles, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $404K in total assets. In 2024, it awarded 15 grants totaling $28K. Net investment income was $92K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $404,421 | $340,619 | $366,689 |
| Revenue | $98,098 | $14,259 | $12,693 |
| Expenses | $34,296 | $40,329 | $28,961 |
| Qualifying Distributions | $28,000 | $32,500 | $21,250 |
| Net Investment Income | $91,802 | $6,430 | $4,982 |
| Distributable Amount | $31,741 | $28,490 | $29,083 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
89 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Our Lady Queen of Heaven ($4,500), Catholic Charities ($2,500), St Jude Children's Research Hospital ($2,500).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Vesta H Johnston | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The MDV Foundation?
The MDV Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lake Charles, LA. It holds $404K in total assets as of 2024.
How large is The MDV Foundation?
As of 2024, The MDV Foundation holds $404K in total assets with $98K in annual revenue. It awarded 15 grants totaling $28K in 2024.
Where does The MDV Foundation operate?
The MDV Foundation has awarded grants in Colorado, District of Columbia, Florida, Georgia, Illinois, Louisiana, New York, Tennessee, Texas.
What size grants does The MDV Foundation award?
In 2024, The MDV Foundation awarded 15 grants totaling $28K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The MDV Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The MDV Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.