The Mhg Foundation Inc

OLD GREENWICH, CT EIN: 20-1993159

The Mhg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLD GREENWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 25 grants totaling $188K. Net investment income was $366K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

+2.7% YoY

Annual Giving

$188K

+0.4% YoY

Grant Count

25

+47.1% YoY

Avg Grant Size

$8K

-31.7% YoY

About The Mhg Foundation Inc

Based on IRS filings

The Mhg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLD GREENWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 25 grants totaling $188K. Net investment income was $366K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

ArlingtonAshevilleBeverlyBostonBridgeportCharlotteChestnut HillFort WorthGreenwichNew CanaanNew HavenNew YorkNorwalkOld GreenwichOld GreewichRidgefieldStamfordStartton MountainWestonWestport

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$271K$541K$812K$1M20202021202220232024
Metric202420232022
Total Assets$3,828,116$3,729,182$3,745,617
Revenue$337,998$215,889$241,636
Expenses$239,064$232,324$253,682
Qualifying Distributions$205,743$205,680$219,284
Net Investment Income$365,703$166,102$212,184
Distributable Amount$232,133$206,482$208,961

Giving Over Time

Total grant dollars and number of grants per year

$0$51K$102K$152K$203K17 grants202015 grants202115 grants202217 grants202325 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOSTON COLLEGE$62KBOSTON CHILDREN'S HOSPIT…$60KFCA (FAMILY & CHILDREN'S…$28KEAGLE HILL$10KREACH PREP$5KGLADNEY CENTER FOR ADOPT…$5KWATERSIDE SCHOOL$5KSOUNDWATERS$2KTHE PROSPECTOR THEATER$2KIMPACT FAIRFIELD$1K

Grant Size Distribution

89 grants across all recorded years

79<$50K10$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

HEATHER W GOLDBERGCO-PRESIDENT$12K

From 2024 filing

NameTitleHoursCompensation
MICHAEL S GOLDBERGCO-PRESIDENT
HEATHER W GOLDBERGCO-PRESIDENT20$12,218

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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