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.
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
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 |
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 include Our Lady Queen of Heaven ($4,500), Catholic Charities ($2,500), St Jude Children's Research Hospital ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Abraham's Tent Lake Charles, LA | General Needs | $1,500 |
| Boys Village Lake Charles, LA | General Needs | $1,500 |
| Catholic Charities Beaumont, TX | General Needs | $2,500 |
| Food for the Poor Coconut Creek, FL | General Needs | $1,000 |
| KPLC Community Christmas Lake Charles, LA | General Needs | $1,000 |
| Mercy Ships Garden Valley, TX | General Needs | $1,000 |
| Our Lady Queen of Heaven Lake Charles, LA | General Needs | $4,500 |
| Second Harvest Food Bank Lake Charles, LA | General Needs | $1,000 |
| St Jude Children's Research Hospital Memphis, TN | General Needs | $2,500 |
| St Martin de Porres Catholic Church Lake Charles, LA | General Needs | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in The MDV Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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