The MHG Foundation Inc
The MHG Foundation Inc is a private foundation based in Old Greenwich, Connecticut. Its 2024 filing reports grants to charitable organizations, including recipients in Massachusetts, Connecticut, and Texas.
The MHG Foundation Inc at a glance
In short: The MHG Foundation Inc gave $188K across 25 grants in 2024 (avg $8K), mostly in Massachusetts. 40% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $187,900
- +0.4% vs 2023
- Grants made (2024)
- 25
- +47.1% vs 2023
- Average grant
- $7,516
- -31.7% vs 2023
- Median grant
- $1,000
- Total assets
- $3,828,116
- +2.7% vs 2023
- New grantees (estimate)
- 40% first-time grantees (10 of 25, 2024)
- Primary geography
- Massachusetts (65% 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 MHG Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 11 Cove Road, Old Greenwich, CT 06870
Phone: (203) 219-9478
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The MHG Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Boston College ($62K). Together the top 10 received $179K.
Grant Size Distribution
89 grants across all recorded years
The most common grant size was under $50K: 79 grants of 89 (89%).
Geographic Focus
Where this funder awards grants
In 2024, 65% of grant dollars went to recipients in Massachusetts and 31% to recipients in Connecticut. Smaller shares went to Texas (3%), New York (0%), and North Carolina (0%).
Grant Distribution by State
Share of 2024 grant dollars across all 25 itemized grants.
Cities
Is The MHG Foundation Inc open to new grantees?
40%
first-time grantees, 2024
In 2024, 10 of 25 grantees (40%) were first-time recipients. First grants averaged $2K; repeat grants $11K. How we count
Medians: $750 first-time, $1K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+9%). Method
- In 2024 it paid out 89% 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 $172K (2021) to $203K (2022). In 2024 it made 25 grants totaling $188K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boston College Chestnut Hill, MA | Goldberg Graduate Nursing Fellowship | $62,000 |
| Boston Children's Hospital Trust Boston, MA | Pediatric Diagnostic Program (PCP) | $60,000 |
| FCA (Family & Children's Agency) Norwalk, CT | Foster Care Program | $27,500 |
| Eagle Hill Greenwich, CT | Annual Fund | $10,000 |
| Reach Prep Stamford, CT | Annual Fund | $5,000 |
| Gladney Center for Adoption Fort Worth, TX | Annual Fund | $5,000 |
| Waterside School Stamford, CT | Annual Fund | $5,000 |
| Soundwaters Stamford, CT | Harbor Center Campaign | $2,000 |
| The Prospector Theater Ridgefield, CT | Annual Fund | $1,500 |
| Impact Fairfield Greenwich, CT | Collective Giving to Local Non-Profits. | $1,100 |
Ready to take the next step with The MHG Foundation Inc?
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 | $3,828,116 | $337,998 | $239,064 | $187,900 | 25 | $205,743 | $365,703 | $232,133 |
| 2023 | $3,729,182 | $215,889 | $232,324 | $187,200 | 17 | $205,680 | $166,102 | $206,482 |
| 2022 | $3,745,617 | $241,636 | $253,682 | $203,100 | 15 | $219,284 | $212,184 | $208,961 |
| 2021 | $3,757,663 | $984,188 | $223,369 | $171,700 | 15 | $176,650 | $612,684 | $202,568 |
| 2020 | $3,315,560 | $124,639 | $242,689 | $184,950 | 17 | — | $77,973 | $176,767 |
Under IRS private-foundation payout rules, The MHG Foundation Inc reported a distributable amount of $232K 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 include support for education and health-related programs, foster care, and organizations working in areas such as environmental education, disability advocacy, and family support.
The grantees describe their own work in varied terms. Waterside School says it provides an early educational foundation for motivated, disadvantaged children. Soundwaters says it works through environmental education, jobs and skills training, and public engagement to enrich the community and protect the environment. Abilis says it supports and advocates for people with developmental disabilities and their families in Lower Fairfield County. These are grantees’ descriptions of their missions, not statements of the foundation’s mission.
Grantmaking
In 2024, the foundation reported 25 grants totaling $187,900. Grant amounts ranged from $100 to $62,000, with a median of $1,000. Its largest reported grants were $62,000 to Boston College for a Goldberg Graduate Nursing Fellowship, $60,000 to Boston Children’s Hospital Trust for a pediatric diagnostic program, and $27,500 to FCA (Family & Children’s Agency) for a foster care program.
Other reported grants included $10,000 to Eagle Hill for its annual fund; $5,000 each to Reach Prep, Gladney Center for Adoption, and Waterside School; $2,000 to Soundwaters for the Harbor Center Campaign; and $1,500 to The Prospector Theater for its annual fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Michael S Goldberg and Heather W Goldberg as co-presidents.
The MHG Foundation Inc is led by Heather W. Goldberg, Co-President on every filing since 2020; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Heather W. Goldberg
Co-President
On filings since 2020
20 hrs/week
$15K (2020) → $12K (2024)
Michael S. Goldberg
Co-President
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $12K, to Heather W Goldberg (Co-President).
Frequently asked questions about The MHG Foundation Inc
How much does The MHG Foundation Inc give each year?
The MHG Foundation Inc gave $188K across 25 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $187K across 17 grants.
What is The MHG Foundation Inc's typical grant size?
The MHG Foundation Inc's median grant in 2024 was $1,000, and its average grant was $7,516, across 25 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The MHG Foundation Inc that year got $2K on average.
Where does The MHG Foundation Inc give grants?
The MHG Foundation Inc gives mostly in Massachusetts: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (31%). The most frequent recipient cities were Greenwich, CT (5 grants), Stamford, CT (5 grants) and Old Greenwich, CT (2 grants).
Does The MHG Foundation Inc give general operating support?
Yes: 76% of The MHG Foundation Inc's 2024 grants with a stated purpose (19 of 25) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The MHG Foundation Inc's largest grantees?
The MHG Foundation Inc's largest 2024 grantees include Boston College ($62,000), Boston Children's Hospital Trust ($60,000) and FCA (Family & Children's Agency) ($27,500), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.
How large is The MHG Foundation Inc?
The MHG Foundation Inc reported $3.8M in total assets on its 2024 IRS Form 990-PF. It paid out $206K in qualifying distributions that year, against a required minimum of $232K (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 MHG Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for education and health-related programs, foster care, and organizations working in areas such as environmental education, disability advocacy, and family support. See mission & focus areas ↑
How do I apply for a grant from The MHG Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The MHG Foundation Inc's EIN?
The MHG Foundation Inc's EIN (Employer Identification Number) is 20-1993159. IRS Form 990 filing data is available on this page for 2020–2024.
Does The MHG Foundation Inc 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 MHG Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in The MHG Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The MHG Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/the-mhg-foundation-inc-morg_efad240169fb41079b07d0e908daf500
BibTeX
@misc{grantable_201993159_2026,
author = {{Grantable}},
title = {{The MHG Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-mhg-foundation-inc-morg_efad240169fb41079b07d0e908daf500},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The MHG Foundation Inc'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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